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Why Czech Republic?

The Czech Republic is one of the most successful CEE countries in terms of attracting foreign direct investment. Over 173,000 Czech firms across all sectors are now supported by foreign capital.

 

The Czech Republic is fortunate to be located very close to the Europe’s industrial backbone. This area is considered the best choice for investments in transport and logistics because of its perfect location with regard to consumption and production zones. This, together with its EU membership, makes the country a perfect gateway to the single European market of 502 million consumers (Source: Eurostat, January 1, 2011).

The Czech Republic is ranked among the world's most advanced countries in terms of transport-network density. Regulatory and patent environment in accordance with EU standards Foreign legal entities are allowed to conduct trade activities, including acquisition of real estate, under the same conditions and to the same extent as Czech entrepreneurs. They may become founders or co-founders of a company, or may join an existing Czech company. Foreign companies may operate in the Czech Republic, either by establishing a branch office registered in the Czech Republic or by establishing a Czech company.

 



Incentives From Czech Government

 

Investment incentives are available at present not only to investors launching or expanding production, but also to technological centers and strategic service centers. This is so thanks to the amended Act No. 72/2000 on investment incentives which came into force on July 12, 2012.

Investors in the processing industry, strategic services and technological centres (existing investors and new entrants alike) can enjoy income tax abatement for ten years, instead of the previous five. The availability of financial support for creating new jobs and for training and re-training remains unchanged, and the same applies to the investment incentive in the form of transferring the ownership of land and the related infrastructure at an advantageous price.

 



EU Funds

Start ups or companies looking for expansion eligible for EU structural funds & various other incentives.
It will be possible for applicants to use financial resources from these programmes for co-financing business projects in the manufacturing industry and related services. Funding will derive in part from EU structural funds (85%) and in part from the state budget (15%). From the Operational Programme Enterprise and Innovation, funding will be paid out in the form of non-returnable subsidies, preferential loans and guarantees. Eligible projects are those that are implemented on the territory of the Czech Republic outside the capital city of Prague

 
 
 

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CZECH REPUBLIC (Contact Office)
Zlaty Andel Business Centre, Nádražní 344/23, 2nd Floor, Prague 150 00. Czech Republic - European Union.
Registered Office
kloboucnicka 13/1425, Prague 140 00. Czech Republic

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