Czech Republic Business, Taxation and Offshore Information
The Czech Republic (also known as Czechia) is a landlocked country in central Europe with an area of 78,900 sq. km, situated between Germany, Poland, Austria and Slovakia. The population is 10.7 million and the capital city, Prague, is an important communications and tourist centre. The climate is continental temperate, with warm summers and cold winters.
The constitution provides for a tiered bicameral legislative assembly. The lower house, the Chamber of Deputies, has 200 elected members. The upper house is the Senate and comprises 81 elected members. The president is elected for a five-year term and is head of state. The president appoints the prime minister and the ministers of the government, who together form the executive. The current president is Miloš Zeman, who has been in office since 8 March 2013 and is now in his second term. More »