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

21% Corporate Tax

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.

5th in Tax Competitiveness

Global Tax System Efficiency Position.

Ranked 5th globally, Czechia's tax system is recognized for its competitiveness and efficiency, providing a clear and advantageous framework for international business.

Up to 110% R&D Expense Deduction

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.

50% Achievement on SNS #1: Fast Startup Score

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.

1.6% GDP Growth in 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.

67% on SNS #6: Access to Finance Score

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.

41st on Ease of Doing Business Ranking

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

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

23% Top Personal Income Tax Rate

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.

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

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

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.

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.

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.

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.