Competitiveness / Tax & Finance

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

25th September 2020 / Competitiveness / Tax & Finance


Who dares wins: European M&A Outlook 2020

Who dares wins: European M&A Outlook 2020 European dealmaking downcast, but distressed opportunities emerging London, 22 September 2020 – The COVID-19 pandemic has taken a heavy toll on European dealmaking activity. However, opportunities remain for those willing to take risks, according to the eighth edition of the European M&A Outlook, published by CMS in association with Mergermarket. The report is a comprehensive assessment of dealmaking sentiment in the European M&A market.  It canvasses the opinions of 230 senior Europe-based executives, from corporate and private equity firms, about their expectations for M&A in the year ahead.
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23rd September 2020 / Competitiveness / Tax & Finance


Mazars CEE Tax Guide 2020: Czech and Slovak republics among 21 countries with the highest level of labour taxation

The Czech Republic, Slovakia and Russia lead the rankings of the 21 CEE countries where employers and employees have to pay the highest mandatory contributions to social and health insurance. This is according to the international MAZARS CEE Tax Guide, which monitors the development of direct and indirect tax, labour expenses, wage levels and the area of transfer pricing.
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14th September 2020 / Competitiveness / Tax & Finance


How does one become an aviation insurance expert? By chance, of course.

Hana Kulhová, Head of the Aviation Department at RENOMIA, laughs today as she tells us how it all got started. From the whole manual that she had to read over the weekend, to her position as one of the top experts in a narrowly specialized field, it was an extremely interesting and not at all easy journey. “You don’t become an expert on anything overnight. If so, I must have done something wrong,” she comments with a sense of perspective as a woman who has gained clients with her experience and ability to understand all their problems and difficulties throughout her impressive career. Her specialization was – and still is – rare in the Czech Republic. All the more so, as the field of aviation is generally the domain of men. And you know what? Hana Kulhová does not care at all.
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11th September 2020 / Competitiveness / Tax & Finance


VAT refunds from other EU states

If you paid local VAT in the price of the goods or services purchased in 2019 in of the EU member countries, and if you use these goods and services for your business, then you may apply for the VAT refund.
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8th September 2020 / Competitiveness / Tax & Finance


Financial ecosystems to change banking, according to the Accenture survey

According to a survey conducted by Accenture, 88% of banks believe that ecosystems will change the bank-customer relationship in the future and that ecosystem-related initiatives will be the main driver of future value creation in the banking industry.
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Members of the American Chamber of Commerce in the Czech Republic