About the
Czech Republic
Czechia: Your Gateway to Investment Success
The Czech Republic offers a dynamic business environment with a stable economy, skilled workforce, and a strategic location in the heart of Europe. As an EU, NATO, and OECD member, Czechia ensures political and legal stability, making it a reliable choice for international investors.
Its central position in Europe provides exceptional connectivity to both Western and Eastern markets, granting access to over 450 million consumers. Key industries like automotive, technology, and engineering drive steady economic growth, supported by competitive corporate tax rates, investment incentives, and strong trade agreements.
With a highly educated workforce specializing in STEM fields, Czechia is an innovation hub in Europe. It also offers a high quality of life, modern infrastructure, and lower living costs compared to other European capitals, making it an attractive destination for businesses and expats alike.
This guide is your gateway to understanding why investing in the Czech Republic is a smart choice for your business’s future.
Why to invest
in Czechia
Czechia is strategically located in the heart of Europe, sharing borders with Germany, Poland, Slovakia, and Austria. Its position makes it a key gateway between Western and Eastern Europe, providing businesses with seamless access to major markets.
As a parliamentary democracy and an EU member, Czechia offers political stability and a business-friendly environment. Its liberal economic system, based on fair competition, ensures transparency and security for investors.
Strategic location
Global membership
Educated & skilled labour force
Stability
Investment base & attractivness
Quality of life index
Global peace index
Competitiveness
Infrastructure & Accessibility
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Discover 14 regions of the Czech Republic
Basic information
Prague
Capital
Czech
Language
Czech koruna (CZK)
Currency, 1EUR = 25 CZK (2024)
10.9 mil
Population
78 866 km2
in 14 regions
1.1 %
GDP growth (2024)
2.4 %
Inflation (2024)
3.6%
Unemployment rate (2023)
Political system - Parliamentary republic
Petr Pavel
President
Petr Fiala
Prime Minister
Government
18 members
Chamber of Deputies
200 members
Senate
81 members
Recent history
-
1989
Velvet Revolution
In November and december 1989 the people of Czechoslovakia held a series of non-violent demonstrations against the communist government, which resulted in the regime´s collapse. The leading figure of the events, Václav Havel, was later named the first president of the free, post-communist Czechoslovakia.
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1993
Velvet Divorce
The federated Czechoslovakia was divided into the Czech Republic and Slovakia on 1 January 1993 through a bilateral political decision. Due to the peaceful course of the breakup, the event was called Velvet Divorce.
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1999
Accession to NATO
The Czech Republic became a member of NATO in 1999.
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2004
Accession to the EU
The Czech Republic became a member of the European Union in 2004.