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

9th June 2020 / Competitiveness / Tax & Finance

Czech Private Equity and Venture Capital Market: Growing Activity of Local Players

In 2019, the number of companies funded by private equity and venture capital (PE/VC) funds increased for the third consecutive year. That confirmed the trend of growing activity of local funds and their investment appetite in the CEE region. Fundraising activities generated almost EUR 100 million and compared to the record year 2018, the volume of divestments decreased by more than half, to EUR 80 million. This follows from CVCA 2019 Private Equity Report prepared jointly by Deloitte and Czech Private Equity & Venture Capital Association (CVCA). Although the Covid-19 pandemic thwarted optimistic expectations for 2020, the investment activities of Czech funds continue, albeit carefully, even at present.
View more

13th May 2020 / Competitiveness / Tax & Finance

As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey

As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey As COVID-19 restrictions continue to slowly lift in some countries while others remain in lockdown, PwC’s latest COVID-19 CFO Pulse reveals a sense of optimism among finance leaders about their companies’ ability to reopen safely. Seventy-five percent of CFOs feel very confident they can meet customers’ safety expectations, and 70% are very confident they can provide a safe working environment for employees. The survey of 867 CFOs in 24 countries and territories also found that about half (49%) of CFOs are considering making remote work a permanent option where feasible, and 48% are looking at accelerating automation and other ways of working.  
View more

6th May 2020 / Competitiveness / Tax & Finance

Tax and Legal Updates - Special Edition

Read the latest information by KPMG on the relaxing rules for short-term business trips or postponement of advance payments on income tax.
View more

28th April 2020 / Competitiveness / Tax & Finance

Online payment solution for brick-and-mortar SMEs during the coronavirus crisis

Launched in early April: A secure payment solution for regional, brick-and-mortar retailers Online payment solution for SMEs within an hour For home deliveries: Options for fast payment via email or SMS  
View more

22nd April 2020 / Competitiveness / Tax & Finance

Financial Statements in the Time of the Coronavirus

We have not yet recovered from how our world virtually changed overnight. From a colourful world of abundance and wealth, we suddenly find ourselves in a world where we have to avoid personal contact, cannot move freely and fear for our and our family’s health. Despite all the big fears and smaller ones, many see the new situation as an opportunity. Suddenly we all communicate via modern technology, organise video- and teleconferences, scan, e-mail and find out that it might actually not be necessary to keep binders full of papers.
View more

Members of the American Chamber of Commerce in the Czech Republic