2015

Czech Republic

Brief country overview

Prepared by Start Global

Start Global — opportunities abound

№75

Ease of doing

business

(1-189) 2014*

Inflation 2014

0.3% Paid in minimum

capital requirement USD 940**

Required share of

capital USD 9 640

Time about 4 weeks

LLC Incorporation

service from USD 1 270***

LLC incorporation

The Czech Republic is a stable and prosperous market economy

*An index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Data in Doing Business 2014 are current as of June 1, 2013

**The minimum contribution of each shareholder

***Includes represented by a notary, preparation all necessary documents required for incorporation, verify the accuracy of company, representation at the Trade Register, filling the application for registration of incorporation,

registration with the competent tax authority for taxes, and the possibility of registration for VAT

Sources: IMF, CIA, trademap.org, oanda.com, World Bank Group, www2.deloitte.com, www.ef.edu, www.mzv.cz

Average growth

rate of real GDP

until 2020

2.4%

GDP 2014, USD

206bln

Business is conducted slowly

It may take several visits to reach a decision

Many businesses close during August

Languages spoken in Czech Republic:

Czech 96% (official)

Level of English proficiency: high

Business culture

features

2

Czech Republic

Start Global — opportunities abound

*Includes the manufacture of motor vehicles, trailers and semi-trailers

**Includes manufacture of structural metal products, tanks, reservoirs and steam generators: manufacture of weapons and ammunition: manufacture of other fabricated metal products and metalworking service activities except

machinery and equipment

***Includes the manufacture of fixed and mobile or hand-held devices, regardless of whether they are designed for industrial, building and civil engineering, agricultural or home use

Source: Eurostat

Motor vehicles manufacturing is the most developed industry

Production value in the most developed industries in bln USD 2014 and CAGR (2010-2014), %

47 bln USD

7.2%

15.6 bln USD

Electric-power

industry

15.3 bln USD 14.9 bln USD

Fabricated metal

product

manufacturing**

4.3% 2.0%

42.6 bln USD

Motor vehicles

manufacturing*

3.6%

3

Czech Republic

-0.3%

Machinery and

equipment

industry***

Manufacture of

computer, electronic

and optical products

COUNTRIES

20+

CLIENTS

40+

INDUSTRIES

20+

CUMULATIVE

YEARS OF

EXPERIENCE

25+

Coverage of Start Global

Start Global will help you to enter new markets and

to arrange long-term sales partnerships

GET YOUR INTERNATIONAL ADVISER BY:

e-mail: info@start-global.biz

tel: +38 (044) 225 04 40

www.start-global.biz