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Doing Business in the Czech Republic 2015/2016 (in English)    
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DB_AJ_2015_web.pdf
 

CONTENTS

Foreword by Bohuslav Sobotka, Prime Minister of the Czech Republic . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Foreword by Jan Mládek, Minister of Industry and Trade of the Czech Republic. . . . . . . . . . . . . . . . . . . .8


I. CZECH REPUBLIC – ECONOMIC POLICY

Useful Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Czech Economy is Back on the Track . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

The Czech Economy in 2014–2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Foreign Trade is Again Heading to Record Heights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17


II. CZECH INDUSTRY

Czech Industry on the Rise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

Czech Engineering Industry Expected to Grow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25

Future Development of the Energy Sector and Its Importance for the Czech Economy. . . . . . . . . . . . . .29

Automotive Industry in CR: Record Results. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

The Chemical Industry is Doing Well . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33

Nanotechnology as a High Card in the Competition Struggle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35


III. HOW TO DO BUSINESS IN THE CZECH REPUBLIC

Forms of Business Entities in the CR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

Incorporating a Limited Liability Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39

Incorporation a Joint-Stock Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

Steps for Acquiring a Trade Licence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42

More Business Reliefs in the Czech Republic in 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .44

Leasing Business Premises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .45

Time for New Investment Incentives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .47

Public Procurement in CR: Principal Changes not To Be Overlooked . . . . . . . . . . . . . . . . . . . . . . . . . . . .49

Insolvency Law: Protecting Your Claims in 2015. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51


IV. FINANCE

The Czech Banking Sector is Stable and Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54

Entrepreneurship of Foreign Entities and Its Taxation in the Czech Republic . . . . . . . . . . . . . . . . . . . . .56

Which Tax Changes Await Businessmen in 2015?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .57

Employees-Taxation, Social Security and Health Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61

V. HUMAN RESOURCES AND EDUCATION

Labour Code Lays Down the Rights and Obligations of Employers and Employees . . . . . . . . . . . . . . . . .64

Changes to Czech Employment Law . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66

Employment of Foreigners: Employee Card. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .69

Educational Opportunities in the Czech Republic are Exceptional . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71

How Well Are Czechs Educated? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .73


VI. TOURISM

The Czech Republic – an Ideal Destination for Your Get-Togethers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .78

Golf: The CR is a Promised Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .79

The Luxury and Tradition of Czech Spas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83


VII. REGIONS

VIII. USEFUL ADDRESSES AND INFORMATION