Competitiveness / Legal Reform and Transparency

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

1st September 2023 / Competitiveness / Legal Reform and Transparency

Coordination Committee clarifies changes to VAT Act for real estate

The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors of the Czech Republic has dealt with changes to the VAT Act in connection with new construction regulations. The changes will be effective from 1 January 2024 and concern the construction industry and the supply and lease of real property.
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17th July 2018 / Competitiveness / Legal Reform and Transparency

JLL Global Real Estate Transparency Index 2018: Czech Republic in the group of transparent countries

Within Europe, countries in the CEE region have shown the strongest advancements. The Czech Republic ranks 23rd and finds itself in the group of transparent countries along with Denmark, Netherlands, Italy, Belgium, Portugal, Germany, US, Sweden, Austria, Hong Kong, Finland, New Zealand, Switzerland, Singapore, Spain and South Korea, JLL Global Real Estate Transparency report 2018 says.
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26th July 2017 / Competitiveness / Legal Reform and Transparency

Bird & Bird on Smart Cars and Personal Data: "When comparing the progress in autonomous driving technology with the development of the legislation governing such technology, it is apparent that the legislation will soon have to adopt many changes."

A growing trend towards autonomous vehicles is emerging in the automotive industry. However, the full scale deployment of SAE level 5 (completely autonomous) vehicles on roads, legally speaking, is currently not possible due to the limitations set out by the 1968 Vienna Convention on Road Traffic, to which 75 countries, including the Czech Republic, are parties. 
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24th October 2016 / Competitiveness / Legal Reform and Transparency

WIP Rule of Law Index: Czech Rep has best scores for order, security, worst for corruption, ranks 12th regionally

The Czech Republic ranks 17th globally (out of 113 countries assessed), and 12th regionally (out of 24 countries in the region) in the 2016 Rule of Law Index published by the World Justice Project. The country lags behind in categories Absence of Corruption and Regulatory Enforcement.
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6th June 2016 / Competitiveness / Legal Reform and Transparency

AmCham EU letter on a Reformed Transparency Register 

The American Chamber of Commerce to the European Union (AmCham EU) stands for an open and transparent European policy-making process and is a long-standing supporter of EU efforts to enhance transparency. Interest representation is a vital element of a healthy EU decision-making process, where policy makers depend on input from experts to deliver effective regulation.    
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Members of the American Chamber of Commerce in the Czech Republic