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Spotlight issue

14th January 2022 / Competitiveness / Business and Industry


An End of 2021 Fireside Chat with Václav Muchna, Y Soft CEO

Join Y Soft’s Václav Muchna, CEO, for an end-of-year fireside chat with Duncan Hendy, Content Marketing Director, as Václav reveals some of the transformations that companies such as Y Soft have been going through in 2021’s year of the pandemic in order to lay the foundations for a stronger 2022. Topics range from enabling the hybrid workforce to why discovering the balance between happy customers and happy employees is crucial to delivering value.

13th January 2022 / Good governance / Legal Reform and Transparency


Information obligation: what question may tax officers ask?

The tax authorities often call upon taxpayers – both formally and informally – to provide them with information or documents. While the information obligation towards the tax administrator is rather extensive, it does have its limits. Sometimes, such call may be a harbinger of a tax inspection focusing on a particular supplier. In this article, we clarify what questions the tax officers may ask regarding your business partners and in what manner, what to watch out for, and how to defend yourselves.

13th January 2022 / Good governance / Legal Reform and Transparency


HR Legal Alert - Testing in the context of the COVID-19 pandemic

  • Frequency of testing
  • Range of persons concerned
  • Refusal of testing
  • Registration and notification obligations
  • Obligations in case of a positive result
  • Termination of quarantine
  • Suspend Antivirus B mode

13th January 2022 / Economic policy / Macroeconomic Indicators, Economic Growth


Inflation was not surprising in December but is rising

Inflation rose to 6.6% yoy in December, in line with market expectations. Compared to the Czech National Bank's forecast, it was still one percentage point higher. The transition between energy suppliers led to a slight month-on-month decrease in electricity prices. Gas prices have risen. Food prices rose slightly, while fuel prices became cheaper. Without the VAT waiver, annual inflation would be close to 8%. It will head to 9% yoy at the beginning of this year. In February, we expect the CNB repo rate to increase to 4.50%.

11th January 2022 / Good governance / Legal Reform and Transparency


News in employee testing in the Czech Republic from 17 January 2022

From 17 January 2022 there will be a change in mandatory employee testing:
  1. more frequent testing
  2. no exceptions for vaccinated people

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