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