ŠAVŠ/TAČR Digital Czechia in a Digital Europe

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fact that new successful business entities bring with them the potential for higher collection of direct and indirect taxes to the budget of Member States and thus directly to the budget of the European Union. Startups aremost oftenestablished incountries inwhich1) all the infrastructure necessary for the activities of startups is available; 2) there are financial resources for the existence and development of startups; 3) effective government support is provided; 4) there are effective tax incentives; 5) support is provided in the field of consulting (incubators and/or accelerators), etc. Legislation in the field of establishment and operation of business entities (administrative obstacles, tax burden, digitalization of state services, average time of founding a business corporation, etc.) In terms of the attractiveness of founding startups, this study analyzes TOP 5 countries in the EU member states, including the United Kingdom, Sweden, Germany, Ireland and Spain. It was found that there is above-average government support in these countries compared to other EU Member States. This support consists mainly in 1) active support of startups; 2) providing loans to viable startups (loans are either interest-free or bear interest at a reasonable interest rate); 3) dynamic activities of accelerators and incubators operated by government institutions; 4) reduction of the tax burden for all business entities or exclusively for startups; 5) streamlining the visa policy for the provision of qualified ICT professionals from third countries; 6) ensuring adequate social support for the founders of the startup in the event that the business plan is not successful; 7) securing investment in improving and expanding broadband internet; 8) promoting co-working; 9) ensuring more efficient drawing of funds to support startups from European Union funds; 10) ensuring cooperation between universities and business entities. A detailed list of recommendations for the Czech Republic in this area is found on pages 134 to 136.