Investment framework and opportunities in the Czech Republic

Generally, there is no need to get an authorisation before setting up a company, except in some sectors such as national defence, national security, nuclear energy, etc. In particular cases, companies have to contact the respective ministries.
Following the European Commission’s investment screening directive, the Czech parliament approved a bill according to which all investments made by entities outside of the EU or entities directly or indirectly controlled by entities outside of the EU will be subject to screening in case the foreign investor:

• acquires at least 10% voting rights;
• is a member of corporate bodies or boards;
• exercises ownership rights (including over assets and not only shares); or
• has access to sensitive information or technology.