Today Czech republic is an economic and political stability, real possibilities for successful business, rather low investment risks, perfectly developed bank infrastructure; possibility of purchase of residential and commercial real estate on lower prices, than in other countries of European Union; direct affinity from all European countries.
Experts predict the brilliant future to economy of Czech. These forecasts base on the harmonous legislative system involving foreign investors by firm warranties of their investments, on the developed infrastructure, on qualified labour availability in the country and its low (comparing to European understanding) costs. Now economic indicators and standard of living Czech shows first place among the countries - "beginners" in European union.
Special specificity is that conventions of United Nations and other international agreements have a priority over national legislation of Czech. The average yield on invested capital in Czech in 1,3-1,5 times more, than in the developed countries, and economic and political risk much more low, than in CIS. Thus, economic possibilities existing in Czech republic considerably exceed their level in Western Europe. Czech - the full member of NATO, EU, OSCE, WTO, IMF and some other international organisations. The czech koruna on 70 % depending on euro exchange rate and on 30 % of US dollar exchange rate.
The government of Czech republic encourages foreign investments into the industry. The spheres of the Czech business having the greatest appeal to the foreign investors, it 's possible to divide them in two categories:
- Long-term activity on basis of possession of any company. First of all, it may be tourist business. Czech is famous for the mountain resorts, winter ski lines, mineral sources. Basically foreign businessmen acquire hotels in Karlovy Vary, Mariansky Lazni, or the centres of mountaineering of Czech. Such business activity bases on incomes from the tourist services rendered to clients, which are of lower costs than in Old-Europe, and the fact that building or purchase of tourist objects more low, than in neighbouring countries, for example in Alpine resorts in Austria and Swiss.
- Temporary investments. Operations with landplots - purchase and sale, building of new apartments and houses are very actual. Investors "wins" a wide margin between cost of the land lots and the plots prepared for building; or a property development costs and the prices for ready housing accommodation. The profit of the investor at times reaches 100 % for a year.
Main players here are the firms from Israel, as well as the Russian businessmen open such possibilities for themselves. For people with a solid initial capital the most interesting are operations with the real estate (including building of inhabited complexes "on a turn-key basis").

Also very popular sphere for foreign businessmen is opening of night entertaining clubs. With a small initial capital small-scale business opens, for example a little shop, a beauty salon, tour agency and, in case of successful coincidence of circumstances, it could be a perspective intermediary firm. The majority of experts considers that today the most interesting, reliable and profitable kind of business in Czech, is investments in Czech real estate. It is popular due to availability of the market for foreign investors, to the warranty of a favorable investment climate for people from abroad, permanent tendency of growth of property value (mid-annual growth of property value in Prague constitutes 5-12 %), and due to the fact that demand for new real estate over is muc over its offer, extremely low real estate taxes and small costs for municipal payments.
For each businessman who has opened the business in the Czech Republic, issued residence permit. It will be useful information about the tax legislation of Czech. The income tax for Czech companies is 31 %, for the companies with small turn-overs – 16 %. The basic rate of the VAT is 19 %, the lowered rate of 5 % of VAT is applied for incomes of services, a product market, in medicine and construction. The VAT is paid by company, if its turn-over has more than 80 thousand dollars a year. The incomes received by foreign citizens from entrepreneurial business or from other sources in Czech, come to taxation only in Czech republic, instead of their origin countries. (if they have convention with Czech on dual taxation avoidance). At the wage and salary earner from the added salary it is deducted:
- On social insurance - 8 %;
- On medical insurance - 4,5 %;
- Profitable tax - 15 % and more minus deductions on social both medical insurance and a free minimum on the worker, the idle spouse (spouse) and children till 18 years (till 26 years under a condition if the child is trained and lives together with parents and has no own sources of income).
The enterprise also is obliged to transfer on added salary:
- On social insurance - 26 %;
- On medical insurance - 9 %.

These costs are considered as expenses and reduce the enterprise taxable profit (the floor wage – 300 $/month, average – 700-900 $/month). In case of  presence of motor transport, registered in firm, the firm pays a road charges - depending on a kind of motor transport and engine volume - from 1200 korunas to 4200 korunas (800-3000 cubic cm). Real estate tax. Land tax is a subject of a landplots in Czech republic. The tax bearer is the plot owner.
The tax sets up and paid once a year. Real estate tax can differ: tax for plots, taxfor plots with the building on it and bases on difficult tables and factors; for example – 3 room apartment in Prague – 10 $/year, cottage of 200 sq. m of living space with a plot of 1000 sq.m. – 40 $ / year, multi-stored house in Prague – 400 $ / year. Purchase tax of real estate by Tax bearer is setteing upon the real estate price. Normally, the tax rate is 3 % from the taxable sum. In case of very low price, property value can be increased by means of the court expert. Tax data has to be represented to taxing authority till 30 days after registration of bargain and tax is to be paid till 30 days after reception of the payment notice. Czech wins first place in operations with the commercial real estate among the countries – new members of EU. Perfection in operations with the commercial real estate in Czech is due to allocated among the countries of the central and southern Europe. The combination of potential growth of cost and political stability supposes best future of investments. Second and third place belongs to Hungary and Poland, which estimation of possibilities in the field almost identical. The leading item in Czech is promising direction of developing in property market and demand for commercial premises exceeds the offer. Today Czech, for example, grants nearby 125 ì2 places of business on 1 000 persons of the population, though in Western Europe the given indicator constitutes 200 ì2 on 1 000 population

Expected that near to new hypermarkets will appear in large quantities so-called "wellness centres" – complexes, including fitness, saunas, pools, beauty salons. Channelizing in Czech is in the beginning of development. As to Prague, new floor spaces inevitably should arise in areas Smihov and Bubenec. As well logistics expects the further rapid development. Offers of industrial premises instantly disperse. If speak about commercial premises as a whole, in Czech remains free about 1-2 % of the areas provided to lease. Purchase of buildings with a further leasing – one of the most favourable and stable kinds of business 

 Business in Czech republic:

• Czech is business land with a great possibilities
• Residential and commercial real estate in Czech republic
• Stable growth of properties costs in Czech
• Fully friendly business environment in Czech
• Real estate demand exceeds offer
• Foreign investors choose Czech
• Commercial properties in Prague

Real Estate in Czech republic is:

• Promising tendency of growth
• Stable investments
• Stable political system
• Location among the countries of Central and South Europe
• Your living Pass to European Union