Czech Republic

Why trade or invest in Czech Republic?

Even though the Czech Republic has a fast growing economy since it’s accession to the EU, the labor and living costs still stay lower than in Western Europe.

The Czech Republic has become an indispensable partner in global aerospace supply chains.  The local industry’s strength that makes it attractive to major aerospace firms consists in the ability to develop and integrate structural components into a wide range of aircrafts, engines and systems.  The Czech automotive industry is a global brand with outstanding references.  As a result of its long industrial tradition and ability to compete at the global level, the Czech Republic has one of the highest concentrations of automotive manufacturing, design and R&D activity in the world.

The Czech Republic’s high-level technical know-how has been shared over centuries, resulting in the world-class level of today’s mechanical engineers, who are the sector’s greatest asset.

Mechanical engineering plays a major role in the Czech economy and the large concentration of mechanical-engineering companies makes the Czech Republic an engineering hub. The sector supplies complete equipment and machinery including turbines, transportation and air-conditioning equipment; agricultural, food processing and construction machinery; and machine tools.

Another upcoming sector with interest for foreign investors is the environmental, waste and pollution remediation projects, very often funded by EU funds.

Some particularities of the Czech legal system you should know

Czech Republic has as one of the first European countries inserted the issue related to transformations with foreign elements, i.e. cross border mergers and transfer of assets to a foreign participant, into its legal system. read more

Whom we work for

A-Law Czech and Slovak desk has been providing legal support to clients in different areas, such as real estate issues, corporate and civil (family) law, traffic law, logistics law, IT, private matters, liability law and debts recovery (bankruptcy, administrative fines).

Furthermore A-Law expert lawyers have been providing legal support to Czech and Slovak firms establishing or acquiring (M&A) companies in Europe, Latin America and Africa.

An in-depth approach of the different legal aspects of cross border cooperation and trade, commercial agency, distribution and franchising of a wide variety of products ranging from nutritional supplements and pharmaceuticals to high tech, design interior and fashion objects exported from or imported into the Czech Republic, have been assessed through A-Law dedicated team.