Explore your options and build your business in the Czech Republic
The Czech Republic is located in the center of Europe and one of the
biggest advantages is its location, thanks to which is accessible from all the
main communication routes. Also, Brno city is often referred to as a „Silicon
Valley in the heart of Europe“ thanks to many IT startup projects and
progressive research and development sectors. The city is also ranked as the
22nd most attractive city in the world to IT talents.
The Czech Republic has 10,69 million inhabitants and its economy has
traditionally been one of the most developed in Europe. Also, our GDP reaches
the level of the most developed countries in the world.
Such as governmental
grants, special economic zones, real estate tax exemptions, support for R&D
Czech Republic’s economy, as well as its currency, remains stable
throughout recent years. Unemployment rate with its 2,7 % in July 2020 is the
lowest throughout Europe. However, due to the Covid-19 pandemic, it is assumed
that this will affect the whole economy and GDP growth is going to decrease.
specialists in the fields of economics, science, IT with proficiency in foreign
According to the
Global Innovation Index, the Czech Republic is among the top 25 countries and
is ranked 24th out of 131 world economies.The Czech Republic is
among the top 25 countries according to the Global Innovation Index.
Interested in other CEE/SEE locations? View more:
Doing Business in Austria
Doing Business in Bulgaria
Doing Business in Croatia
Doing Business in Greece
Doing Business in Hungary
Doing Business in Italy
Doing Business in Poland
Doing Business in Romania