Comment by bongodongobob

In Czechia, you need a specific sort of account to start a LLC, an account that is only used to contain the initial capital.

The bank will issue a confirmation to the notary that the money is present in that account, the notary will sign the founding papers, and the account is then liquidated again. You can take the money out, or move it to [different] regular account, or have none and operate in cash, as long as your transactions don't exceed a certain limit.

The exception is when you become a VAT payer. In that moment, you have to have at least one bank account. IIRC VAT registration is only required if your yearly revenue exceeds approx. 70 thousand dollars.

Can confirm, having started multiple LLCs and S-Corps.

You get the corporate entity first, and this is required to get the bank account.

So, if the bank account was required to get the corporate entity formed, none would ever be formed, as the bank acct and the corporate authorization would forever be waiting for the other prerequisite to be complete.

And no, AFAICT, there is no hard requirement for a bank account to maintain a corporation, although in practice it would make doing almost everything quite inconvenient.