The UK extends a special welcome to Czech entrepreneurs and early-stage tech companies

Press Release –  our green serverhosting partner Greendata s.r.o. 

UKTIThe UK has proven to be an attractive destination for Czech companies and especially for those focusing on IT and technologies. There are a number of Czech companies that have already set up business in the country and have benefitted from doing so. Companies such as Greendata, Kentico and Brand Embassy are present on the UK market and appreciate the fact that they have had a chance to meet many new business partners and have been able to enjoy all the advantages the country offers to foreign investors.

“We benefit from entering the UK market for many reasons. The market itself possesses a huge know-how that we want to learn and transmit to our Czech customers. The British market is around 5 years in advance of the Czech market in our field, so there are many new trends and practices we can bring back to the Czech Republic,” said Zdenek Marsal, executive director of Greendata.

According to the OECD, the UK has the fewest barriers to entrepreneurship in the world. Eight years ago, it introduced an innovative graduate entrepreneurs’ program to encourage high-potential start-ups. Innovative companies in the UK can also benefit from various forms of tax relief, including the ‘Patent Box’ (which provides reduced rates of corporation tax on profits from the development and exploitation of patents), R&D tax credits and tax relief for innovative sectors such as animation, high-end television production and video games development.

Zuzana Nagyova, UKTI director for the Czech Republic said: “The Czech Republic is one of Europe’s most dynamic economies powered by a thriving network of ambitious entrepreneurs. Britain’s unique investment environment has a lot to offer them. Britain’s doors are very firmly open. Our investment specialists are on hand to provide tailored guidance to Czech businesses to help kick start their investment projects whatever the size.”

Green case study of UKTI
Our Green server hosting services partner - Greendata is part of the green case study of the UKTI.