Good governance

This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.

Spotlight issue

27th April 2021 / Good governance / Macroeconomic Indicators, Economic Growth


New compensation schemes for businesses in the Czech Republic

In response to the negative impact of the COVID-19 pandemic on the economy, the Ministry of Industry and Trade has conceived two new support programs which seek to prevent any further deterioration of the dire state in which businesses find themselves in the Czech Republic.
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27th April 2021 / Good governance / Legal Reform and Transparency


Labour Code amendment introduced the concept of job sharing

Combining employment with motherhood and parenthood, as well as the ever-increasing demand of graduates for work-life balance were reflected in the latest amendment to the Labour Code. From this year on, employees can share positions and employers can benefit from government financial support if they create such a shared position.
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21st April 2021 / Good governance / Legal Reform and Transparency


Czech Republic & LEX COVID & 2021 AGM Season and Corporate Governance

AGM Season and Corporate Governance Annual Financial Statements of a limited liability company and a joint-stock company must be considered by the General Meeting within six months from the last day of the previous accounting period. A company's accounting period is usually the same as the calendar year, and therefore Financial Statements should be considered by 30 June of the following year.
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Members of the American Chamber of Commerce in the Czech Republic