Competitiveness / Tax & Finance

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

18th July 2019 / Competitiveness / Tax & Finance


Global IPO market shows continued signs of slowdown in Q2 2019

Global IPO activity continues to slow despite unicorns coming to market Technology, health care and industrials were the most active sectors in H1 2019 Mega IPOs and robust IPO pipelines across all regions will bolster future activity Praha, 9 July 2019 – The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite ongoing geopolitical uncertainty and trade tensions, resulting in 507 IPOs in H1 2019, raising total proceeds of US$71.9b. While deal numbers were down 28% from H1 2018, first-day returns on the main markets were up 15.4% on average and post-IPO performance increased 28.4%. Technology, health care and industrials saw the largest share of IPOs in H1 2019, together accounting for 266 IPOs (52% of global IPOs by deal numbers) and raising US$47.8b altogether (66% of global proceeds). By proceeds, technology was the strongest sector with US$29.3b raised (41% of global proceeds). These and other findings were published today in the EY quarterly report, Global IPO trends: Q2 2019.
View more

15th July 2019 / Competitiveness / Tax & Finance


Global M&A appetite at 10-year high fueled by portfolio reshaping

59% of companies worldwide plan deals in the next year fueled by portfolio reshaping Strong M&A intentions accelerated rather than stalled by uncertainty Despite Brexit uncertainty, UK is top investment destination for the first time in 10 years Despite mounting geopolitical complexities, the appetite for global mergers and acquisitions (M&A) is at a 10-year high, according to the 20th edition of the EY Global Capital Confidence Barometer (CCB), a biannual survey of more than 2,900 senior executives across 47 countries. Companies continue to use acquisitions to build the foundations for future growth amid rising uncertainty. Almost six in ten (59%) global companies are now planning to acquire in the coming year — up from 52% 12 months ago.
View more

23rd May 2019 / Competitiveness / Tax & Finance


expats.cz: The Czech tax system is one of the world’s most complicated

Czech taxes are complicated, according to the Global MNC Tax Complexity Project, which has measured the complexity of tax systems in 100 countries around the world, expats.cz wrote.
View more

17th May 2019 / Competitiveness / Tax & Finance


OECD Taxing Wages 2019 - The Czech Republic

The annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by in-work families. It illustrates how these taxes and benefits are calculated in each member country and examines how they impact household incomes.
View more

17th April 2019 / Competitiveness / Tax & Finance


Bank clients think about the future. Half of us consult someone about where to put our savings, but only a third are loyal to our primary bank

43% of respondents have pension savings and contribute to funds Supplementary pension insurance and building savings continue to be popular banking products One in two people seeks advice on how to manage their finances
View more

Members of the American Chamber of Commerce in the Czech Republic