Czech Republic

Doing Business In Czech Republic

  1. The Czech Republic’s ranking is 65th out of 185 economies in Doing Business 2013, recording an increase of 2 points compared to last year. This increase reflects a 6 point increase in the Registering Property indicator.
  2. According to the most recent Enterprise Surveys (2009), the top 3 obstacles to running a business in the Czech Republic are Access to Finance, Tax Rates and Inadequately Educated Workforce.
  3. In the Czech Republic, all industries covered by the Investing Across Sectors indicators are fully open to foreign equity ownership with the exception of the domestic and international air transportation sectors.
  4. The Czech Republic’s economic freedom score is 69.9, making its economy the 30th freest in the 2012 Index. Its overall score is 0.5 point worse than last year, reflecting deterioration in public finance management. The Czech Republic is ranked 15th out of 43 countries in the Europe region, and its overall score is higher than the regional and global averages.

Source: World Bank


Visa Information

Everyone requires a valid passport (or identity card for EU citizens) to enter the Czech Republic. Citizens of EU and EEA countries do not need a visa for any type of visit. Citizens of Australia, Canada, Israel, Japan, New Zealand, Switzerland and the USA can stay for up to 90 days without a visa; other nationalities do need a visa. Visas are not available at border crossings or at Prague’s RuzynÄ› airport; you’ll be refused entry if you need one and arrive without one.
Visa regulations change from time to time, so check, or one of the Czech embassy websites.

Business Etiquette

Business Meetings

. Appointments are mandatory and should be made in advance. 
. Letters should be addressed to the company rather than a specific person. This prevents a letter from being held up if the person it is addressed to is away from the office. 
. Do not try to schedule meetings on Friday afternoon as many Czechs leave for their country cottages after lunch. 
. Many businesses close during August.
. Punctuality for meetings is taken extremely seriously. 
. Initial meetings are scheduled to get to know each other and to see if your Czech associates believe that you are trustworthy. The first meeting may be with a gatekeeper rather than the actual decision maker. 
. Expect some small talk and getting-to-know-you conversation before business is discussed. 
. Maintain direct eye contact while speaking. 
. Do not remove your suit jacket unless the highest-ranking Czech does so. 
. Presentations should be accurate, detailed and thorough. 
. Have charts and figures to back up your claims. 


. Czechs are both formal and somewhat indirect in their communication. 
. They try not to purposely offend and will often go out of their way to protect someone's feelings. 
. Czechs are non-confrontational and often take an indirect approach to business dealings.
.  If they lower their eyes and become silent they are uncomfortable with something you have said. 


It will take several meetings for your Czech business associates to become familiar with you and appear comfortable and friendly. . Politeness prevents many Czechs from giving an absolute 'no'. However, statements such as 'It is difficult' or 'We will see' are often negatives. 

. Business is conducted slowly. You will have to be patient and not appear ruffled by the strict adherence to protocol.
. Business is hierarchical. Decision-making power is held at the top of the company. Decisions are reached slowly. 
. It may take several visits to reach a decision. 
. Avoid high-pressure tactics. 
. Czechs generally offer what they expect to get and do not often give counter-offers. 

General Business Hours

Outside Prague, almost everything closes on Saturday afternoon and all day Sunday. Most restaurants are open every day, other businesses are generally open the following times:
Banks 8am-4.30pm Mon to Fri
Bars 11am-11pm daily
Post Offices 8am-6pm Mon to Fri and 8am-noon Sat
Shops 8.30am-5pm or 6pm Mon-Fri, 8.30am-noon or 1pm Sat