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Czech Republic and the EU

Latest business news about Czech Republic and the European Union.

Euro candidates still to meet EU convergence demands
The European Commission published the 2020 convergence report Wednesday, in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro.

Ease of doing business compared for 25 European cities
A new report from the World Bank Tuesday assesses the support and obstacles entrepreneurs find in setting up and expanding businesses in 25 cities in Croatia, the Czech Republic, Portugal and Slovakia.

Doing Business in the European Union 2018: Croatia, Czech Republic, Portugal and Slovakia
Doing Business in the European Union 2018: Croatia, the Czech Republic, Portugal and Slovakia - the first report of the subnational Doing Business series in these countries - assesses the business regulatory environment and its impact on local entrepreneurs in 5 cities in Croatia (Osijek, Rijeka, Split, Varazdin and Zagreb), 7 cities in the Czech Republic (Brno, Liberec, Olomouc, Ostrava, Plzen, Prague and Usti nad Labem), 8 cities in Portugal (Braga, Coimbra, Evora, Faro, Funchal, Lisbon, Ponta Delgada and Porto), 5 cities in Slovakia (Bratislava, Kosice, Presov, Trnava and Zilina). The report measures regulations relevant to 5 stages in the life of a small to medium-size domestic firm: starting a business, dealing with construction permits, getting electricity, registering property and enforcing contracts.

Czech Republic: country overview
The Czech Republic is a stable and prosperous market economy, which harmonized its laws and regulations with those of the EU prior to its EU accession in 2004. The most important sectors of the Czech Republic's economy in 2015 were industry (32.1 %), wholesale and retail trade, transport, accommodation and food services (18.4 %) and public administration, defence, education, human health and social work activities (14.9 %). The Czech Republic's main export partners are Germany, Slovakia and Poland, while its main import partners are Germany, Poland and China.

Doing business in the Czech Republic: Environmental rules
Environment law for business in the Czech Republic is enshrined in approximately twenty acts and related provisions.

Doing business in the Czech Republic: Staff welfare
This guide outlines the social rules and employment legislation in the Czech Republic.

Doing business in the Czech Republic: Sustainability
Legal requirements in the Czech Republic urge companies to be socially and environmentally responsible.

Commission approves acquisition of NWR Energy by Dalkia Česká republika
The European Commission has cleared under the EU Merger Regulation the acquisition of NWR Energy by Dalkia Česká republika, two Czech companies active in the energy sector.

European Commission Representation in the Czech Republic
Contacts of the European Commission Representation in the Czech Republic.

Access to Finance
Aside from structural funds of the European Union, companies and other entities can use subsidy programmes co-financed from the resources of the Czech state budget. These are for instance programmes for support of research and development.

Czech Republic Investment Climate 2009
The small, open, export-driven Czech economy grew by over six per cent annually from 2005-2007 and the strong growth continued throughout the first three quarters of 2008. Despite the global financial crisis, the conservative Czech financial system has remained relatively healthy. The rate of Czech economic growth, however, began to fall in the fourth quarter of 2008, mainly due to a significant drop in demand for Czech exports in Western Europe. This trend is expected to continue, with many analysts predicting Czech economic growth to completely stagnate in 2009. Both unemployment and inflation are relatively low at 6% and 3.6% respectively.

Czech Republic: Economy Overview
The Czech Republic is one of the most stable and prosperous of the post-Communist states of Central and Eastern Europe. Maintaining an open investment climate has been a key element of the Czech Republic's transition from a communist, centrally planned economy to a functioning market economy.

Starting a business in the Czech Republic
Entrepreneurship in the Czech Republic is covered by a number of legal regulations. There are several forms of companies, while the most frequent form is a limited liability company, followed by a joint stock company and, finally, a public company.

Czech EU Presidency priorities and work programme
The Czech Republic's Prime Minister Topolanek has presented the priorities and the work program of his country's Presidency of the European Union. The key priorities are the three 'E's: Economy, Energy and Europe in the world. The motto is a 'Europe without barriers'.

Czech EU presidency website
Website of the Czech Presidency of the European Union, which begins on 1st January 2009.

The Czech Republic and the euro
The Czech Republic joined the European Union in 2004 and is currently preparing to adopt the euro.

Find an office in Czech Republic
Instant Offices Czech Republic

Czech Republic country profile
The Czech Republic became an independent state in January 1993 after Czechoslovakia split into its two constituent parts. The country became a member state of the European Union on 1 May 2004.

Czech Business Weekly
The goal of the Czech Business Weekly is to be a timely and trustworthy source of information about the Czech business market.

Czech Business Web Portal
The official site for business professionals searching for information, assistance, or contacts on business activities in the Czech Republic.

British Chamber of Commerce in Czech Republic
The BCCCR aims to promote and enhance business relations between the Czech Republic and the United Kingdom. The site's Business Info Sheets provide business start-up information as well as infomration on tax, legal and real estate.

World Bank Czech Republic Country Brief
Guide from the World Bank which uses key indicators to measure the "ease or difficulty of operating a business: starting a business, hiring and firing workers, registering property, getting credit, protecting investors, enforcing contracts, and closing a business."

Doing Business in Czech Republic (HLBI)
Guide from HLB International, which produces a series of international booklets on accounting, taxation and company law information - pdf

Doing Business in the Czech Republic
Website from the Press and Trade Promotion Agency, featuring information on the business climate in the Czech Republic. Includes a directory of major companies, banks, and associations in the country.

International Taxation & Investment Guide: Czech Republic(Deloitte)
The Taxation and Investment Guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate – including the legal, accounting and taxation framework – in the countries covered in the Deloitte International Tax Source. In addition to the Czech Republic Highlights and Taxation and Investment Guide, links open the door to the Deloitte International Tax Source and a wide range of materials and information on the tax consequences of doing business across borders.