The a.s. (limited company, is the equivalent of the UK stock company.
To set-up an a.s. a deposit of minimum 2.000.000 Czech Korunas is required (representing an equivalent value of ca. 77.000 €) as the share capital of the company.
This share capital may be not fully paid-up; the minimum required is 30%. The limited company follows the same rules of the Italian stock company, with some exceptions, for example in Czech Republic a single-member limited company is allowed (which is not provided by the Italian set of rules except for single-member s.r.l.). We have however to warn you about the point that the single-member limited company loses its characteristic of anonymity if exercised in the single-member form, in fact the member of a single-member a.s. is disclosed on the registrar of companies, which does not happen if members are more than one. The reform dated back in 1.1.2014 has further facilitated the creation of new limited companies, since it became then possible to manage the corporation in the form also known as "Monistic", i.e. as it happens in s.r.o. you can concentrate in the figure of a single person the function of managing director, statutory auditor and president, in a way that the structure of the Czech limited company will be leaner but yet with an important basis.
The a.s. companies must pass through an audit, like the s.r.o. companies, where exceeding an annual revenue of 80 million Czech Korunas, or if they attained computable assets for over 100 million Czech Korunas. The shares of an a.s. company may be owned by a foreign legal entity.