What exactly are the long-term costs of owning an SRO?
——————————————————————————– The long-term costs associated with owning an SRO are very simple, and can be broken down into three items: 1. Registered Office Rental, or Sidlo The Sidlo is the address where your business will be located. Typically this is not the actual physical address, but simply a physical location where you will receive all official mail for your SRO. Our fee (November 2006) for this service is 1.400 CZK per month. If the purpose of your SRO is only for real estate and you purchase a property, it is possible to move the sidlo to your new property. 2. Yearly Business Accounting For property-only SROs, our charge (November 2006) is a maximum of 8.000 CZK per year. Business SROs can contract with our accountant according to standard agreement. 3. Yearly Tax Filing Again, for property-only SROs, our charge (November 2006) is a maximum of 8.000 CZK per year. Business SROs can contract with our tax professional according
