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Proposed Amendments to the Czech Republic Investment Incentive Regime

01 December 2014

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Proposed Changes

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Czech Rep

The Czech government has submitted a bill to parliament including proposed changes to the country's investment incentives regime. The incentives come in the form of  a 10 year tax exemption for newly established companies in the Czech Republic, and 10 year tax relief for the increased tax liability of existing companies, as well as other benefits. The proposed changes mainly concern eligibility requirements and are summarized as follows: The condition that investment be funded in part by the investors equity would be abolished The required number of new jobs created through investment in technological and software development centers would be reduced...