The business relations between Czech Republic and the United Kingdom (UK)
have intensified in the last years. For example, the number of projects between the two countries has increased by six times compared to three years ago, on industries such as trade, agriculture or research
. Investors interested in opening a company in Czech Republic
can have numerous business prospects in the field of trade
and our team of Czech lawyers
can offer more details on how to invest in this industry.
Trade relations in 2016
brough a record level
on the import-export activities
between Czech Republic and UK
, reaching a total value of CZK 290 billion
. The value of exports
performed from UK in Czech Republic
increased by 25%.
Investors interested in setting up a business in Czech Republic
should know that the top exports performed by companies operating in this country are those in the automotive industry
. The Czech automotive exports
account for approximately 40% of the total exports
of the country.
Due to a increase of the UK automotive sector, Czech Republic is able to export car components, which are assembled by the British companies.
Czech Republic exports the following types of automotive components:
• engine parts;
Our team of lawyers in Czech Republic
can offer legal advice on how to register a company
operating in the automotive industry
. The registration of a car company in Czech Republic
will require the issuance of business permits and licenses
that will attest the required standards of safety and quality
of the products manufactured in this country.
Investments in the Czech Republic
The number of British investments in Czech Republic
is increasing, as well as the Czech investments in UK
. The trade relations
between the two countries are established in various types of economic sectors and investors may have various business prospects in field such as:
• aviation sector;
• space exploration technologies;