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

23rd March 2021 / Good governance / Legal Reform and Transparency


Revamped rules for crowdfunding in the Czech Republic

On 10 November 2021, new rules for crowdfunding will come into force. However, these rules will not affect consumer financing (as represented e.g. by the zonky.cz project: people lending to people), but strictly to entrepreneurs and SMEs and loans in amounts of up to EUR 5 million.
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16th March 2021 / Good governance / Legal Reform and Transparency


French court outlines new permanent/fixed establishment concept for digital sector

The court’s decision brings an entirely new view on a permanent/fixed establishment for companies operating in a digital sector. Will other EU member states also get inspired?  
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16th March 2021 / Good governance / Legal Reform and Transparency


New Czech foreign direct investment screening regime

On 19 January 2021 the Czech Parliament passed a new act that aims to strengthen the control of foreign direct investments in the Czech Republic (the "FDI Act"). The FDI Act has been introduced as a result of the new EU framework for the screening of foreign direct investments, which was adopted on 10 April 2019 and which applies from 11 October 2020. The FDI Act will have a significant impact on many strategic investments from non-EU countries. Rigorous and potentially retroactive screening of investments may deter potential non-EU investors from considering the Czech Republic as an investment target. The Ministry of Industry and Trade will be in a position to hit the brakes on in-scope transactions made by non-EU investors. The FDI Act will become effective on 1 May 2021.
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Members of the American Chamber of Commerce in the Czech Republic