News

Spotlight issue

8th November 2018 / Competitiveness / Technology, R&D and Innovation


Almost third of the companies in the Czech Republic invest more than 10% of their revenue into R&D

Investments of Czech companies into research and development (R&D) grow. Almost one-third (31%) spent more than 10% of their revenues in R&D last year. This is one percentage point more than in the previous year. Only 2% of the companies did not invest at all (11% in 2016). These are the findings of the annual survey of Deloitte and the Technology Agency of the Czech Republic entitled Tax and Subsidy Support for R&D Activities.

7th November 2018 / Good governance / Legal Reform and Transparency


Revolution in the Czech Labour Code

An amendment to the Labour Code with the potential to fundamentally change some of its traditional institutes is at the beginning of the legislative process.

6th November 2018 / Economic policy / Health Care


The Ministry of Health presented its position on OECD recommendations, largely copying the resort's strategy

The Ministry of Health organized a special briefing to introduce the position of the Czech Ministry of Health to the OECD recommendations formulated in the health chapter of OECD's regular Economic Review entitled "Improving the Healthcare System in the Czech Republic". 

6th November 2018 / Competitiveness / Digital Agenda


Increased Productivity for Three-thirds of Czech Businesses due to Robotic Process Automation

Robotic Process Automation (RPA) increased productivity for 95% and 74% of enterprises globally and in the Czech Republic, respectively. This is a result of Deloitte’s study entitled The robots are waiting – are you ready to reap the benefits?. The survey was conducted among 530 top managers of companies across the world, including the Czech Republic, reporting aggregate sales of over USD 3.5 trillion.

6th November 2018 / Amcham advocacy news / Tax & Finance


Letter to Finance Minister A.Schillerová on Digital Services Tax

We write to support the Czech government’s cautious approach to the proposed Digital Services Tax, a Council Directive COM/2018/0147 final - 2018/072 (CNS).

Strategic Directions for Czech Economic Policy

  1. 1) The home of value-added manufacturing
  2. 2) Prague-Brno-Ostrava Creative Triangle
  3. 3) Health Care as an export industry
  4. 4) Government as a competitive advantage

Advocacy Priorities for 2018-2020 
 
People 

1. Setting a predictable policy for economic immigration based on the goal of maintaining current levels of employment for Czech citizens and wage growth that corresponds to productivity growth.  

2. Establishing incentives for companies and individuals to provide the qualifications and skills necessary for the automation of production and service industries.  

3. Introducing machine and computer programming as a required language in elementary and high schools.  

4. Improving the Healthy Life Years of the workforce and overall population through better prevention programs, better diagnostics, and better treatment.  
 
Infrastructure 

1. Develop a plan for developing and maintaining an integrated rail, road and air commercial logistics systems.  

2. Integrate the Prague airport into the national commuter network.  

3. Increase digital infrastructure capacity throughout country. 

4. Develop a housing plan that will create more entry-level housing in Prague and Brno for purchase or rent.  
 
Technology 

1. Reform investment incentives to concentrate on product research, development and production.  

2. Establish policy objectives in the area of health, energy, transport, environment and other areas and use these objectives for allocating public research funds. 

3. Require major public procurements to use objective and measurable criteria for innovation. 

 

Read the document in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic