Doing business in Czhech Republic requires certain knowledge whether you want to setup, form, sell or prepare your business. Foreign citizens have the right to register a company in the Czech Republic without any restrictions. After five years of living in the Czech Republic, we are entitled to receive permanent residence in Europe. Doing business in Czhech Republic requires certain knowledge whether you want to setup, form, sell or prepare your business. Foreign citizens have the right to register a company in the Czech Republic without any restrictions. After five years of living in the Czech Republic, we are entitled to receive permanent residence in Europe.