Doing Business In - International Franchise Association
Doing Business In - International Franchise Association
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