Company director (jednatel s.r.o.)

A director and sole shareholder pays himself remuneration of CZK 20,000 a month and leaves the rest of the profit in the company. A bank that counts only the remuneration allows him a payment of CZK 9,000 at an internal threshold of 45 %. A bank that also adds his after-tax profit share, for example CZK 85,000 a month, will support even a CZK 4,000,000 mortgage over 25 years with a payment of CZK 23,384 at 5.00 %.

For a director, the bank usually wants an extract from the commercial register, the company's tax return and financial statements for 1–2 years, a certificate that the company has no arrears, and proof that remuneration or dividends were paid. Low remuneration with no dividends paid out is a common trap, as many banks do not recognise income that has not left the company for your personal account. It is wise to start paying out profit shares a year or two before applying.

The self-employed (OSVČ) prove income with their own tax return; a director proves it with income from the company, which is a separate legal entity. The director runs the company, while a shareholder (společník) owns it and is entitled to a profit share, though often they are the same person.