# BiQ Group > Czech company **Wikidata**: [Q102261504](https://www.wikidata.org/wiki/Q102261504) **Source**: https://4ort.xyz/entity/biq-group ## Summary BiQ Group is a Czech company engaged in commercial and industrial activities, legally classified as a business and enterprise. It is headquartered in Prague and registered under Czech legal and administrative frameworks. ## Key Facts - **Classification:** Instance of "business" and "enterprise". - **Location:** Headquartered in Prague, Czech Republic. - **Legal Form:** Registered as an akciová společnost (public limited company). - **Country of Origin:** Czech Republic, a landlocked Central European country established in 1993. - **Registration ID (IČO):** 07560494. - **Legal Entity Identifier (LEI):** 315700AU2JQH62E03G79. - **OpenCorporates ID:** cz/07560494. - **ISDS ID:** fbhmq6x. - **Instance Of:** Business, enterprise. - **Operational Scope:** Commercial, industrial, or professional activity. ## FAQs **What is BiQ Group?** BiQ Group is a Czech company operating in the commercial and industrial sectors. It is legally structured as an akciová společnost and registered under Czech business regulations. **Where is BiQ Group based?** The company is headquartered in Prague, the capital city of the Czech Republic. **How is BiQ Group legally classified?** It is classified as an "akciová společnost" (public limited company) and registered under both national and international legal identifiers, including a Legal Entity Identifier (LEI) and Czech Registration ID (IČO). **What identifiers are associated with BiQ Group?** BiQ Group is associated with several identifiers: - Czech Registration ID (IČO): 07560494 - Legal Entity Identifier (LEI): 315700AU2JQH62E03G79 - OpenCorporates ID: cz/07560494 - ISDS ID: fbhmq6x **What type of activities does BiQ Group engage in?** BiQ Group undertakes commercial, industrial, or professional activities, operating as a business entity within the Czech Republic. ## Why It Matters BiQ Group represents a legally recognized and registered business entity within the Czech Republic, contributing to the country's commercial and industrial landscape. As part of the broader Czech business ecosystem, it plays a role in economic activity, employment, and potentially innovation within its operational sectors. Its structured legal and administrative framework aligns it with national and international business standards, enhancing transparency and regulatory compliance. ## Notable For - **Legal Compliance:** Registered with multiple national and international identifiers, ensuring legal and administrative transparency. - **National Presence:** Based in Prague, a major economic and political hub in Central Europe. - **Corporate Structure:** Operates under the well-defined Czech legal form of akciová společnost, indicating a public limited company structure. - **Business Classification:** Recognized as both a business and enterprise, placing it within a broad and significant economic category. ## Body ### Legal and Administrative Framework BiQ Group is incorporated under the legal framework of the Czech Republic. It is registered as an **akciová společnost**, which is the Czech equivalent of a public limited company. This legal form indicates that the company has a share capital divided into shares and is managed by a board of directors. The company is registered with the following identifiers: - **Czech Registration ID (IČO):** 07560494 - **Legal Entity Identifier (LEI):** 315700AU2JQH62E03G79 - **OpenCorporates ID:** cz/07560494 - **ISDS ID:** fbhmq6x These identifiers are used for regulatory compliance, business verification, and international recognition. The LEI is particularly significant for global financial transparency and is maintained by the Czech National Bank (Česká národní banka), as referenced in official LEI data publications. ### Location and Operational Base BiQ Group is headquartered in **Prague**, the capital and largest city of the Czech Republic. Prague serves as a central hub for business, politics, and culture in the country. The company's location situates it within a robust economic environment that includes a strong industrial base and a growing technology sector. The Czech Republic, established on **January 1, 1993**, is a parliamentary republic in Central Europe. It is bordered by Germany, Austria, Slovakia, and Poland. The country is a member of the **European Union**, **NATO**, and the **United Nations**, and maintains a strong record of economic performance with a low unemployment rate of 2.4% as of 2023. ### Business Classification and Activities BiQ Group is classified as both a **business** and an **enterprise**, indicating its engagement in commercial, industrial, or professional activities. As defined in business taxonomy, it is a juridical person and economic entity with the primary goal of generating profit. The company operates within the broader **business sector** and is composed of elements such as: - Economic activity - Property - Human capital - Enterprise structure It is part of the **brick and mortar** business model, indicating a physical presence, though it may also engage in virtual operations. ### National and International Recognition BiQ Group is cataloged in several national and international databases, including: - **Czech National Bank LEI database** - **OpenCorporates** - **ISDS (Information System of Data Boxes)** These systems ensure that the company is traceable and compliant with both domestic and international business standards. The inclusion of BiQ Group in these systems underscores its legitimacy and operational transparency. ### Context within the Czech Business Ecosystem The Czech Republic has a well-developed business environment, with a GDP per capita of approximately **$31,707** as of 2024. The country's economy is driven by sectors such as automotive manufacturing, engineering, and information technology. As a registered entity within this ecosystem, BiQ Group contributes to the nation's economic activity and employment landscape. The country's business environment is further supported by: - A **minimum wage** of 17,300 CZK per month (as of 2023) - A **standard VAT rate** of 21% - A **right-hand traffic** system and modern infrastructure - A **legal system** that supports corporate governance and transparency BiQ Group, as a legally constituted business entity, operates within this framework, benefiting from and contributing to the Czech Republic's economic stability and growth. ## References 1. [Centrální depozitář cenných papírů. 2020](https://www.cdcp.cz/LEI/LEI_20201121_full.xml) 2. [Centrální depozitář cenných papírů. 2020](https://www.cdcp.cz/LEI/LEI_20201121_delta.xml) 3. [Centrální depozitář cenných papírů. 2024](https://www.cdcp.cz/wp-content/uploads/LEI/last_published_LEI_full.xml) 4. [Seznam datových schránek : Právnické osoby. Ministry of the Interior](https://www.mojedatovaschranka.cz/sds/datafile?format=xml&service=seznam_ds_po)