The Czech Republic and Slovakia have rapidly enacted legislation in an effort to create positive investment climates. In 1992, what was then Czechoslovakia, or the Czech and Slovak Federal Republic, enacted a comprehensive Commercial Code. After the country split, the Czech Republic and Slovakia maintained the Commercial Code and since have also improved their taxation systems. This Note explores the evolution of their investment legislation since 1988 and discusses the effect that the separation of the Czech and Slovak Federal Republic has had on investment in the two countries. The Note concludes that although the economies of the Czech Republic and Slovakia have not reached levels found in the developed West, both countries, especially the Czech Republic, are now stable environments for foreign investment.
The Czech Republic and Slovakia: Foreign Participation in Changing Economics,
17 Hastings Int'l & Comp. L. Rev. 611
Available at: https://repository.uchastings.edu/hastings_international_comparative_law_review/vol17/iss3/4