Good governance

This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.

Spotlight issue

10th August 2020 / Good governance / Legal Reform and Transparency

AmCham CZ Position on New Construction Act

The strength and swiftness of our recovery from the Covid19 crisis will be determined by how much and how soon business will begin to invest in jobs and production. Government stimulus will help, but the efficiency of government administration is just as important. The construction approval process in the Czech Republic is 156th out of 190 countries in World Bank rankings. Moving to the top third in the rankings would be a major contribution not only to accelerating the recovery, but making it possible for the Czech Republic to become TheCountryfortheFuture.
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14th October 2020 / Good governance / Legal Reform and Transparency

Retail Price Maintenance in the EU

A classic price-fixing arrangement typically takes the form of a cartel, i.e. a price fixing arrangement between competitors. Price fixing is also prohibited for companies in a vertical relationship (active at different levels of the supply chain such as a manufacturer and a retailer).
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14th October 2020 / Good governance / Legal Reform and Transparency

Summary of the amendment to the corporate law and specific recommendations

An amendment to the Business Corporations Act will become effective from 1 January 2021. The new regulation brings fundamental changes to corporate law, introduces new institutes and options, tries to clarify practical problems of interpretation, and approves – but also refutes – some conclusions reached by the case law during the past six years. Finally, the amendment eliminates some legislative-technical shortcomings.
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29th September 2020 / Good governance / Legal Reform and Transparency

Establishing companies online in Czechia – another step towards full digital governance

The EU Digitalisation Directive makes it possible to create a company (and pay up the company’s capital stock) remotely from anywhere, even one’s garden or cottage, as long as the founder has internet access.
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Members of the American Chamber of Commerce in the Czech Republic