» Czech companies of children of former Armenian officials

Czech companies of children of former Armenian officials

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The Czech Republic is a sought-after destination not only for tourists but also for business and real estate investors. Hetq has previously published a number of articles about former Czech officials and their affiliates in the Czech Republic.

Based on the investigations of our Czech counterparts, as well as the experience of the immigration authorities of that country, we wrote that establishing a "paper" company in the Czech Republic (companies that are not liquidated but also do not actually operate) is typically used. for business ownership by the owners, which will help, for example, to obtain a long-term residence permit in the Czech Republic. Many foreigners are taking this step, but our counterparts from the Czech Interior Ministry have been told that they are well aware of attempts to abuse the migration system through "covert" companies.