Indian Industry

Country Profile

Czech Republic
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The landlocked nation, czech republic is situated in the central europe. It borders poland from the northeast and germany from the west side. Austria is on southern side of the czech republic whereas slovakia is on eastern. It is the esteemed member of the european union. The czech republic has temperate continental climate having hot summers and cloudy winters. The czech republic enjoys 100 per cent literacy rate in both male and female sections. The nation is working under the political framework of pluralist multi-party parliamentary representative democracy, in which prime minister is the head of government. The czech republic is divided into 13 regions. With 0.891 HDI Value, the country is positioned on 32 rank out of the total 177 nations.

Snapshot

Official Name - Czech Republic
Capital City - Prague
Type of Government - Parliamentary Republic
Currency - Czech Koruna
Fiscal Year - Calendar Year
Official Language(s) - Czech
Local Time - CET(UTC+1) & Summer(DST)-CEST(UTC+2)
International Dialling Code - +420
Internet Domain - .cz
Major Towns/Cities - Ceske Budejovice, Liberec, Olomouc, Ostrava, Plzen, Praha
Major Industries - Metallurgy, Machinery and Equipment, Motor Vehicles, Glass, Armaments
Major Trading Partners - Germany, Slovakia, Austria, Poland, UK, France, Italy, Netherlands, China, Russia
Double Taxation Treaty with India - Yes



Economic Overview
  • Czech republic is recognized as one of the most prosperous and stable among the post communist states of the central and eastern europe.
  • The nation has been characterized as the largest producer and food poppy seed exporter in throughout the world.
  • Heavy and general machine-building, iron and steel production, metalworking, chemical production, electronics, transportation equipment etc. are recognized as the important industries of the czech republic.
  • The country is blessed with natural resources like soft coal, kaolin, clay, graphite, timber etc.
International Trade

Major Export Items
Machinery and Transport Equipment, Raw Materials and Fuel, Chemicals

Main Destinations of Exports
Germany, Slovakia, Poland, France, UK, Italy, Austria

Major Import Items
Machinery and Transport Equipment, Raw Materials and Fuels, Chemicals

Main Origins of Imports
Russia, Ukraine, Turkmenistan, Germany, Belgium, Italy, Austria, Iran, USA, Georgia

Contacts of Trade Ministries/ Associations

Czech Association for Business Excellence Czech-Israeli Chamber of Commerce Economic Chamber of the Czech Republic
Opletalova 41
Prague 1-110 00
Czech Republic
Tel.: +(420)-(2)-21004233

Vaclavske nam 56
Prague 1-110 00
Czech Republic
Tel.: +(420)-(2)-24032161

Argentinska 38 - 170 05 Praha 7
Czech Republic
Tel.: +(420)-(2)-96646111
Fax: +(420)-(2)-96646221

Euro-Czech Forum French-Czech Chamber of Commerce
U Prasne brany 1079/3
Prague 1-110 00
Czech Republic
Tel.: +(420)-(2)-22320360

Pobrezni 3, Prague 8
Czech Republic
Tel.: +(420)-(2)-24833090
Fax: +(420)-(2)-24833093












Business Visa Rules
  • Visa is required to be verified by the czech immigration police.
  • Fully completed and signed visa application form along with passport size photographs.
  • If all the expenses shall be born by the company then the letter in this regard is needed to be submit by the applicant which should be signed by an authorized person from the company.
  • If the applicant is himself/herself is bearing all expenses then it is required to submit bank statement or any proof in this regard which should clearly indicate the financial stability of the applicant.
  • Information about the staying in czech republic.
  • Onward/return ticket.
Business Hours

Offices:   Monday to Friday from 08:00 - 16:00
Banks:    Monday to Friday from 08:00 - 18:00

Public Holidays

Festival Date
New Year's Day January 01
Easter Monday Date Varies
May Day May 01
Liberation Day May 08
Day of the Apostles St Cyril and St Methodius July 05
Anniversary of the Martyrdom of Jan Hus. July 06
Czech Statehood Day September 28
Independence Day October 28
Freedom and Democracy Day November 17
Christmas December 24-26
czech-republic


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