Czechia

The Czech economy has enhanced gradually given that the fall of Communism in 1989. It leads all previous Soviet satellite states to financial growth.

Czechia

The Czech economy has enhanced gradually given that the fall of Communism in 1989. It leads all previous Soviet satellite states to financial growth. The most significant component of the Czech Republic’s economy is manufacturing, followed by services; these sectors represent approximately 40 and 35 percent of GDP, respectively. The building and energy sectors each create roughly 10 percent of GDP, while the smaller agricultural industry represents around 5 percent. Tourist is one of the most quickly developing sectors of the Czech economy.

Primary industries: car, electronics and electrical engineering, chemical and pharmaceutical, engineering and aviation.

41.

Easyness of doing business

10.

Expat friendly ranking

8.

Global peace index

Top 5 Export Countries

  • Germany ($63.7B)

  • Slovakia ($14.3B)

  • Poland ($11.9B)

  • France ($10.2B)

  • United Kingdom ($9.2B)

Top 5 Import Countries

  • Germany ($49.2B)

  • China ($19B)

  • Poland ($16.1B)

  • Slovakia ($10.6B)

  • Italy ($7.62B)

Top 5 Export Industries

  • Cars ($22.7B)

  • Vehicle Parts ($15.6B)

  • Computers ($10.8B)

  • Broadcasting Equipment ($8.28B)

  • Office Machine Parts ($4.18B)

Top 5 Import Industries

  • Vehicle Parts ($10.2B)

  • Broadcasting Equipment ($8.66B)

  • Office Machine Parts ($6.93B)

  • Cars ($4.61B)

  • Computers ($4.47B)

To make things neat, we have bundled company set-up procedures for you

Fundamental

550
  • Support for obtaining trade license for freelancers
  • Virtual office address for the first 12 months

Essential

1,250
  • Limited liability company formation
  • Virtual office address for the first 12 months

Comprehensive

2,450
  • Everything that is available in the Essential Bundle
  • + Monthly accounting and annual financial closing for the first year

Consultation

45/ 50 minutes
  • Concierge services
  • Information and advice

Resources