News

Spotlight issue

31st March 2022 / Competitiveness / Business and Industry


DoToho! is a platform for everyone who is looking for a new direction and improvements in their company or just want to confirm their vision.

DoToho! connects experienced mentors with companies that need to direct, improve and develop their business. Thanks to a unique system of interconnection according to the individual needs of companies and mentors, the pairs often cooperate even after the end of the program.

31st March 2022 / Politics / Legal Reform and Transparency


The role of international law in the Russian invasion of Ukraine

The Russian invasion of Ukraine poses some challenges for students of International Law and Diplomacy in terms of what they have were taught and what they have come to expect of the discipline. Since World War II, there has been no major wars in Europe, and despite Russia’s incursions into Georgia in 2008, the annexation of Crimea, and support for separatist groups in Donbas in 2014, Europe has remained relatively peaceful. For the past two years Europe and the international community have remained focused on mitigating the spread of the Covid-19 pandemic and trying to overcome the economic fallout from the virus. No one expected a major war in Europe, as we see with Russia’s invasion of Ukraine. Hence, the Russian invasion is a reflection point for both faculty and students, as it makes teaching and studying International Relations a lot more difficult.

31st March 2022 / Politics / Macroeconomic Indicators, Economic Growth


AmCham Board Assessment of the Ukraine situation: The longer the conflict continues, the deeper and more unpredictable the impact, and harder to convince companies it is safe to return to either market.

The AmCham Board met to discuss the short and long-term implications of the Ukraine conflict. Along with top representatives from member companies, the Board was briefed by Martin Jahn of ŠKODA AUTO a.s., AmCham Vice-President Milan Šlapák of GE Aviation, Board member Jaroslava Rezlerová of ManpowerGroup Czech Republic, and Jiři Schneider, a former Deputy Minister of Foreign Affairs of the Czech Republic.

30th March 2022 / Good governance / Tax & Finance


Research & development tax allowance – still one of the most popular subjects for tax audits

The research and development (“R&D”) allowance is a tax allowance that can reduce an organization’s corporate income tax base. R&D activity differs from other common business activities by the presence of an appreciable element of novelty as well as research and technical uncertainty. But the fact that the element of novelty and research and technical uncertainties are not sufficiently defined in Czech legislation was confirmed by the Supreme Administrative Court back in 2015 (decision no. 10 Afs 24/2014-119 dated 11 June 2015). The Supreme Administrative Court also stipulated that correct application of these concepts may change depending on circumstances.

30th March 2022 / Competitiveness / Transport, Infrastructure and Tourism


From Prague to 147 Destinations Worldwide; Summer Schedule Comes into Effect

On Sunday, 27 March, the 2022 summer schedule comes into effect at Václav Havel Airport Prague. Throughout the season, Prague Airport will offer passengers a selection of 147 destinations, including 25 charter flights. A total of 58 air carriers will provide air connections with Prague. New routes, such as New York and Riyadh, will be added, while many other destinations will see increases in the number of frequencies, namely London, Madrid, and Paris. The number of operated destinations and active air carriers will reach ¾ of the record 2019 offer.   

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic