Learn about barriers to market entry and local requirements, i.e., things to be aware of when entering the market for this country.
The Czech market complies with EU market entry regulations. Local requirements are also compatible with EU regulations. In the 2021 Global Competitiveness Report, the World Economic Forum cited government regulation and ease of starting a business among the concerns, as well as tax policies and road infrastructure. Access to qualified labor has been a recent issue along with labor mobility, but the ramifications of Covid may change the employment landscape. The Czech government faces other challenges and hurdles, such as the slow pace of legislative reforms, industrial restructuring, healthcare and pension reforms, and efforts to make the public procurement process more transparent.