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Record Trade Level Between Czech Republic and UK in 2016

Record-Trade-Level-Between-Czech-Republic-and-UK-in-2016.jpgThe 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 

 
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:
 
bumpers;
engine parts;
seats;
wheels;
lights
 
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;
energy. 
 
Businessmen are invited to contact our law firm in Czech Republic for more details on the import-export legislation applicable in this country. 
 

Comments

  • Daniel 2017-07-09

    Hello, I like your presentation on the automotive field, I believe this industry has very good prospects for the following decade.

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