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Doing Business In - International Franchise Association

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design. Amendments to the trademark law and the copyright law have brought Czech<br />

law into compliance with relevant EU directives and WTO TRIPs requirements.<br />

The Czech Republic was put on the 301 <strong>In</strong>tellectual Property Watch list in 2008 for<br />

counterfeiting infringements taking place in markets along the borders with Germany and<br />

Austria.<br />

Although U.S. companies should exercise due diligence in choosing partners, theft of<br />

intellectual property is not a major problem here. We encourage technology-based<br />

companies to work with legal specialists to develop a global intellectual property<br />

protection strategy, using an appropriate mix of trade secret, copyright, or patent<br />

protection. U.S. companies will often find protection in the Czech Republic by gaining<br />

intellectual property protection within the European Union. Separate copyright and<br />

patent protection within the Czech Republic is possible, relatively low cost, and prudent.<br />

<strong>In</strong>formation on IPR registration is available from the Copyright Office of the Czech<br />

Ministry of Culture.<br />

Due Diligence Return to top<br />

Due diligence on potential partners (as well as on suppliers, major clients, and other<br />

contacts) is important. The U.S. Commercial Service offers an <strong>In</strong>ternational Company<br />

Profile service that researches the bona fides of Czech firms. Dun & Bradstreet also<br />

offers profiles and financial information on Czech firms.<br />

Prague has a cadre of U.S. and international law firms, accountants, and consulting<br />

firms that specialize in helping with market entry. We also suggest that U.S. companies<br />

new to the Czech market consider joining the American Chamber of Commerce in<br />

Prague.<br />

Web Resources Return to top<br />

Major Web trading sites:<br />

http://www.b2bcentrum.cz - major provider of services in the field of B2B in Central<br />

Europe<br />

http://www.abcb.cz/ - general business information, news, food products<br />

http://www.glob2b.cz/ - advertising banners on the internet<br />

American Chamber of Commerce in Prague<br />

Executive Director, Weston Stacey<br />

tel.: (+420) 222 329 430,<br />

e-mail: amcham@amcham.cz, web http://www.amcham.cz.<br />

Dun & Bradstreet<br />

tel.: (+420) 226 538 600, fax: (+420) 226 538 700<br />

e-mail: custserv@dnbczech.cz, web http://www.dnbczech.cz

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