Where is the best place to start a business in Prague? Prague 8 won, with a big drop behind
The City for Business research evaluates all cities, municipalities and all city districts of the capital. “Eight” according to him, he scores points thanks to the Office’s approach to entrepreneurs. After the third place from the previous year in 2016, the eighth city district with an overview won.
According to experts, its greatest advantages are the successful drawing of subsidies, a large range of office hours and, last but not least, an excellent result in an electronic test, in which I evaluate speed, helpfulness and the quality of the answers of the given trade department to the question of a fictitious entrepreneur.
“I am excited about this award, which confirms our efforts to improve conditions not only for residents but also for entrepreneurs. Last year, we invested mainly in the revitalization of public spaces and education, and these two areas remain our priority this year as well, “said the Deputy Mayor of Prague 8 Radomír Nepil (YES).
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Prague 9 came in second, while a year ago it was only in tenth place. According to the evaluators, its strengths include the shares of the town hall’s investment expenditures, high share of medium and large companies and very successful drawing of subsidies from the European Union.
The center confirms the importance
In the end, Prague 1 finished in third place, and it has been in the first place for a long time, especially in areas of the business environment. Within the Capital City of Prague, it boasts the highest share of entrepreneurs, legal entities and medium and large companies.
In conclusion, the center also evaluates the highest year-on-year growth in the number of economic entities and does not stop in the area of access to the town hall.
On the contrary, Prague 5 fell a lot, from the first to the ninth place. The break-up of the coalition and changes in the composition of the City Council or trade unions. For 2015, the evaluators praised the revenue-expenditure ratio, which had Prague 5 the second best of all city districts.
However, the share of companies doing business in the fifth city district has fallen. According to experts, the approach of public administration in 2016 was the fifteenth place in Prague.
Overall ranking – Capital City of Prague:
1. Prague 8
2. Prague 9
3. Prague 1
4. Prague 10
5. Prague 2
6. Prague 15
7. Prague 22
8. Prague 3
9. Prague 5
10. Prague 4
11. Prague 12
12. Prague 7
13. Prague 18
14. Prague 17
15. Prague 14
16. Prague 19
17. Prague 16
18. Prague 21
19. Prague 6
20. Prague 13
21. Prague 20
22. Prague 11