Good governance / Legal Reform and Transparency

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 January 2022 / Good governance / Legal Reform and Transparency

Preventive restructuring in the Czech Republic

The bill implementing the EU Preventive Restructuring Directive – a means of financial relief for entrepreneurs (companies only) – should have originally been enacted and introduced last year. As the bill has not yet been approved by the Chamber of Deputies, the deadline has been moved to July 2022.
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14th January 2022 / Good governance / Legal Reform and Transparency

Czech Republic - What's on the horizon in 2022?

We bring you an overview of legal news and changes in the Czech and European legislation in 2022.
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13th January 2022 / Good governance / Legal Reform and Transparency

Information obligation: what question may tax officers ask?

The tax authorities often call upon taxpayers – both formally and informally – to provide them with information or documents. While the information obligation towards the tax administrator is rather extensive, it does have its limits. Sometimes, such call may be a harbinger of a tax inspection focusing on a particular supplier. In this article, we clarify what questions the tax officers may ask regarding your business partners and in what manner, what to watch out for, and how to defend yourselves.
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Members of the American Chamber of Commerce in the Czech Republic