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Czechia

Czechia offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Prague

Sources: DG for Communication

Euro (€)

Sources: DG for Communication

Czech

Sources: DG for Communication

10.9M

Sources: Eurostat

Corporate Tax Rate 21% (2025)

The standard rate for all business profits.

With a competitive 21% corporate tax rate, Czechia offers a stable and attractive fiscal environment, aligning with the EU average to foster business growth.

R&D Tax Credit Up to 110%

Tax relief for research and development activities.

Czechia drives progress with generous R&D incentives, allowing businesses to deduct up to 110% of their research and development costs to fuel innovation.

ESNA SNS#1: Fast Startup Creation Score 77% (2025)

Efficiency of starting a business and administrative support.

With a strong focus on supporting entrepreneurs, Czechia provides an efficient and streamlined process for launching a new business and joining its dynamic startup scene.

GDP Growth 2,3% (2025)

Annual real GDP growth rate forecast.

Czechia's economy is poised for solid growth, driven by its strong industrial base, strategic location in Central Europe, and increasing investment.

ESNA SNS#6: Access to Finance Score 22% (2025)

Availability of public and private funding for startups.

Czechia's startup ecosystem is well-supported by a growing network of venture capital, angel investors, and public funding, ensuring access to capital for new ventures.

Economic Sentiment Indicator (ESI) 101,4 (2026)

Ranking favourably worldwide, Czechia offers a stable and transparent regulatory environment, making it straightforward to start and operate a business.

Labour Cost €21.00/hr (2024)

Combining a highly skilled workforce with competitive labour costs, Czechia provides an exceptional value proposition for businesses seeking top talent and operational efficiency.

Top Personal Income Tax Rate 23% (2025)

A lower 15% rate applies to income below a set threshold.

Czechia's two-tiered personal income tax system, with rates of 15% and 23%, offers a progressive structure that supports both individuals and public services.

Euro Health Consumer Index Score 14th (2026)

Overall measure of national health system performance.

With a top-tier health system, Czechia ensures high-quality, accessible healthcare for all residents, reflecting a strong commitment to public well-being.

Global Cost of Living Rank 47th (2026)

Measures relative costs of goods and services.

Czechia offers an affordable and high-quality lifestyle, with a cost of living significantly lower than many Western European nations, maximising your purchasing power.

Global Happiness Rank 20th (2024)

Evaluates national wellbeing and overall life satisfaction.

Ranked among the top 25 happiest countries, Czechia's high quality of life, rich culture, and strong social fabric create a thriving environment for its citizens.

Global Peace Index 11th (2025)

Assesses national peacefulness, safety, and security levels.

As one of the world's safest countries, Czechia offers a remarkably secure and stable environment, ensuring peace of mind for residents and businesses alike.

Working-Age Employment Rate 82.3% (2024)

Percentage of population aged 20-64 that is employed.

With one of the highest employment rates in the EU, Czechia boasts a vibrant job market, a highly skilled workforce, and abundant professional opportunities.

Czechia is a leader in digitalization, with a strong commitment to providing accessible, efficient, and user-friendly online public services for all.

Annual Inflation Rate 2,3% (2025)

Measures the change in consumer prices over time.

With inflation stabilizing at a low rate, Czechia's economy ensures price predictability and protects the purchasing power of its citizens and businesses.

Czechia has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

EU citizens can cross the borders of the Czech Republic, which are the internal borders of the Schengen Area.

Non-EU citizens (from third countries citizens) must follow the requirements to enter to the Schengen Area.