Tax: up to 21%
Duties: up to 7%
Restricted items: N/A
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 1-2 Weeks
Best Carrier option: Freight Forwarder or Courier
Prominent Languages: Czech, German & Russian
The Complexities of Importing into the Czech Republic
Despite the Czech Republic’s turbulent economic history and post-World War II struggles, in 2019, it was ranked within the top ten most developed countries according to the UN Sustainable Development Report. Having made its name years ago as an excellent outsourced IT destination, the Czech Republic is now a popular choice for North American and Western European companies in which to invest. The Czech Republic is also heralded as the home to Research & Development(R&D) offices for Tech giants such as IBM, Google, and Oracle. Additionally, the country is known for software development, particularly in cybersecurity, which enjoys significant foreign investment. significant foreign investment.
For importers, the Czech Republic follows the typical trends seen across the EU, with few restrictions but some complexities in compliance. One requirement common in the EU but not elsewhere which of Czech customs demands is a declaration of the Beneficial Owner (BO). This can be a straightforward process; however, different intricacies may arise depending on the location and role of the BO.
How TecEx Can Help You Import into the the Czech Republic
TecEx has vast experience with complex, high-value IT hardware and Medical equipment shipments across the EU. Having worked with Czech customs hundreds of times, we can streamline your shipping process. Part of our customizable DDP solution includes the handling of all compliance on your behalf. By conducting strict pre-compliance checks, we ensure first-time clearance to relieve you of the burden of working with customs. Similarly, by acting as IOR, we take on all the financial and legal risks associated with international trade, offering you hassle-free, safe shipping into the Czech Republic.
Click here to learn more about what to expect when shipping into Europe.
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