Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

11th September 2023 / Competitiveness / Tax & Finance


Real Estate Accounting Guide 2023 - a practical guide through the current tax and accounting issues specific to the real estate sector

We are pleased to present the eighth edition of the publication examining the current tax and accounting regulations specific to the real estate market. The guide has been prepared by Deloitte’s experts for practitioners in charge of accounting and tax matters in real estate companies across the Central Europe.
View more

4th September 2023 / Competitiveness / Business and Industry


Property Index Overview of European Residential Markets

The Czechs rank second to last across Europe in the availability of their own housing. After Slovakia, housing is the most expensive in relation to wages. For a 70 m2 flat, Czechs need the equivalent of 13.3 average gross annual salaries. The Czech Republic has long been one of the European countries with the least affordable housing.
View more

1st September 2023 / Competitiveness / Legal Reform and Transparency


Coordination Committee clarifies changes to VAT Act for real estate

The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors of the Czech Republic has dealt with changes to the VAT Act in connection with new construction regulations. The changes will be effective from 1 January 2024 and concern the construction industry and the supply and lease of real property.
View more

Members of the American Chamber of Commerce in the Czech Republic