WHY INVEST IN THE CZECH REPUBLIC?
There is a very long tradition of business between the Czech Republic and Mexico.
Why to start business in Czech Republic? – The Czech Republic is very perspective and solvent business partner. – The Czech Republic is a member of EU that enhance its credibility as a business partner. It is perceived as a country with a stable economic environment and access to the EU market.
The Location in the heart of Europe
- By locating your business in the Czech Republic you open the door to all countries in the Europe. Its
location in the middle of Europe gives you the best opportunity to start in the center and easily reach
other location when doing a business or when expanding your future business.
- Lower costs of setting your business with the same level of provided services as in other EU countries.
- The costs of living in Czech Republic are not as high as the cost in Western Europe and setting the
business is thus less expensive while the level of services, infrastructure and offered skills are the same.
- Long tradition of quality education and general high language skills
- High quality education and research, especially in Sciences, Engineering and Medicine, has a long
tradition in the Czech Republic.
Czech Republic's GDP growth rate for 2015
Czech Republic Industry's GDP
Czech Republic Industrial production Growth for 2015
Investing In the 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. According to the Czech National Bank, a total amount of EUR 77.8 billion worth of FDI has been recorded since 1993 (Source: Czech National Bank, 2012).
The introduction of investment incentives in 1998 stimulated a massive inflow of FDI into greenfield projects. The Czech Republic’s accession to the European Union in 2004 and the amendments to the investment-incentives legislation have further boosted investment. According to an Economist Intelligence Unit database, the Czech Republic has consistently attracted a high rate of foreign direct investment per capita since 2000, which confirms the country’s strong attractiveness for foreign investors.
The Czech Republic’s economic freedom score is 72.5, making its economy the 24th freest in the 2015 Index (source: http://www.heritage.org/index/country/czechrepublic)