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Open a Software Company in Czech Republic
Updated on Tuesday 15th May 2018 Rate this article
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Why invest in the software sector in Czech Republic?
Czech Republic has emerged as one of the main European destinations for the registration of a software company, as more and more foreign businesses have opted to start their operations in this country. Through the Investment and Business Development Agency (CzechInvest), businessmen who want to open a company in Czech Republic can receive assistance on the most suitable way to start a business in the software sector.
Czech Republic benefits from a strategic geographic location, being a gateway to both Eastern and Western markets in Europe. One of the most relevant aspects that should be taken into consideration by those interested in company registration in Czech Republic refers to the costs associated with this business sector, which are lower than in other countries. Our team of specialists in company formation in Czech Republic can advise on the overall costs associated with the registration of a software company.
What are the main advantages of registering a software business in Czech Republic?
Besides the geographical position and the costs of running a software company, foreign investors can benefit from other advantages if they choose this country for investment purposes, such as the ones mentioned below:
- • friendly policies related to the ICT industry, provided by both the national and European legislation;
- • skilled workforce, represented by young professionals who have a creative and innovative approach to this sector;
- • good infrastructure - Czech Republic is one of the most developed countries in terms of transport infrastructure;
- • well-developed optical fiber network - the country benefits from one of the most developed Wi-Fi systems at a global level.
Trade requirements for software companies in Czech Republic
As a general rule, Czech Republic does not impose any trade barriers for the import/export of software products. However, this can depend on the jurisdiction in which the investors perform this activity. For example, in the case of companies located in the United States of America (USA), the investors will need to hold an International Import Certificate.
Czech companies importing software products from the USA have to apply for a special government license for trade, issued by the Czech Ministry of Trade and Industry. Our team of agents in company formation in Czech Republic can advise on the requirements applicable in this case.
The software sector is included in the ICT industry, which employs approximately 130,000 employees. Businessmen are invited to contact our team of consultants in company registration in Czech Republic for in-depth advice on the employment regulations addressed to this sector.
Meet us in Brno
Call us at +420 721 565 868 to set up an appointment with our specialists in company formation in Brno. Alternatively you can incorporate your company without traveling to Czech Republic.
As an CorpexLab client, you will benefit from the joint expertize of local experts and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Czech Republic.
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