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Czech Business Guide
A guide providing comprehensive information about investing in the Czech Republic for newly incoming and existing businesses.
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Czech Business Guide
A guide providing comprehensive information about investing in the Czech Republic for newly incoming and existing businesses.
-
Czech Business Guide
A guide providing comprehensive information about investing in the Czech Republic for newly incoming and existing businesses.
-
Czech Business Guide
A guide providing comprehensive information about investing in the Czech Republic for newly incoming and existing businesses.
#StandWithUkraine
Facts about the Czech Republic
-0.4 %
GDP growth (2023)
10.7 %
Inflation (2023)
3.7 %
Unemployment rate (2023)
10.88
mil. population
Why Czech Republic?
The Czech Republic is a country in the middle of Europe. It is bordered by Germany to the west, Poland to the north, Slovakia to the east and Austria to the south. Thanks to its location, which makes it a critical gateway between Western and Eastern Europe, the country is often referred to as the “Heart of Europe”.
The country has a constitution according to which it is a parliamentary democracy with a liberal political system based on free competition of political parties and movements.
Global Peace Index
Safety
Quality of Life Index
Living
Competitiveness
Competitiveness Index
Location
Investment
Workforce
Infrastructure
Stability
Economy
Top sectors for investment
Automotive
The Czech Republic plays a significant role in automotive industry and is home to three key automobile manufacturers: Škoda Auto, Toyota and Hyundai.
Aviation
The domestic aerospace segment has been successfully building up its reputation on the global scale since the founding of Czechoslovakia in 1918.
Semiconductors
Czech Republic has in current EU and worldwide context exceptional position to participate on semiconductor market growth.
AI
The Czech Republic is one of the best European destinations for investments, where talent, level of education and innovativeness create suitable conditions for the growth of technology.
How investment incentives work in the Czech Republic?
Investors who place their investments in the Czech Republic can obtain aid in the form of investment incentives, which are provided pursuant to Act No. 210/2019 Coll., on Investment Incentives (valid as of 6 September 2019). Only a legal entity with its registered office in Czechia can be a recipient of investment incentives. For all types of activities, it further applies that the recipient shall not start work on the given project prior to submitting the incentives application to CzechInvest.
Interesting topics
Benchmarking of the V4
The Visegrad Group (“Visegrad Four” or “V4”) was formed in 1991 with the aim of reflecting the efforts of the countries of the Central European region to work together in a number of fields of common interest within the all-European integration - Czech Republic, Hungary, Poland and Slovakia.
Permitting & Construction
You should know complete approval process before the start of construction and the subsequent inspection process while planning a construction.
Being an employer in Czechia
Skilled and well-educated workforce, favourable labour costs and price stability, high labour market efficiency and digital literacy are typical.