Investment Incentives - Çek Cumhuriyeti

Are you planning to start or expand your business activities in the Czech Republic? If so, you may be eligible for one of the public support programs offered by the state.

Investment incentives scheme

The Czech Republic has a scheme of investment incentives that are available both to domestic and foreign investors since 1998.

The scheme comprises four main areas:

·                     Investment incentives for the manufacturing industry

·                     Investment incentives for business support centres

·                     Investment incentives for the development of technology centres

·                     Job creation support program for regions badly affected by unemployment

Investors must be careful to ensure that they meet certain criteria after the incentives are granted – otherwise the incentives may have to be repaid. As the rules governing investment incentives have been subject to many changes and modifications, and as the approach of the Czech ministries and financial offices toward their audits is developing rapidly, many companies feel uneasy ensuring that all the requirements for investment incentives are met.

Our role and assistance

Deloitte’s dedicated team of investment incentives specialists will be pleased to use their extensive experience to assist you through all the stages of your investment project including the investment incentives health check. Contact us if you are concerned about:

·                     Fulfillment of statutory requirements applying to the investment project carried out by your company

·                     Supporting documentation that your company needs to prepare for the investment incentives audits

·                     The impact of strategic business decisions on the investment incentives granted to your company

·                     Unclear wording of investment incentives legislation

·                     Possible negotiations with the relevant authorities on various investment incentives topics