News
New amendment to Act No. 441/2003, on trade marks
We would like you to inform you about the new amendment to Act No. 441/2003, on trade marks, as well as the amendment to Act No. 221/2006, on enforcing industrial property rights and protecting business secrets.
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AT&T and VUT open new laboratory in Brno
On January 23, AT&T Brno and Faculty of Electrical Engineering VUT Brno (BUT - Brno University of Technology) opened a laboratory where students have the opportunity to work on solutions that are ahead of what is currently available on the market. The areas for research and development include 5G Communications, IoT, Industry 4.0, Big Data and Aerial vehicles.
Eurozone: The best is now (firmly) behind us
Peak growth is now behind us and while there are still positive drivers that make it too soon to call the end of the expansion, growth in 2019 is likely to come out much lower than last year. We forecast 1.4% GDP growth in 2019 and 1.3% in 2020 but the risks are skewed to the downside. In these circumstances, the probability of an ECB rate hike is melting away
Czechs will Spend 174 Days Working to Pay Taxes as this Year’s Tax Freedom Day Falls on 23 June
This year, taxpayers in the Czech Republic will spend 174 days working to pay taxes, which is one day fewer than last year. According to Deloitte’s calculations, Tax Freedom Day will fall on 23 June 2019. Approximately the same as in the Czech Republic will apply to Germany and Slovenia. Taxpayers will have to spend the most days paying taxes to the government in France, while the fewest in Romania and Bulgaria.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 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.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
