Prague: A Potential Tech Giant?
<p>Prague enjoys a recipe of economic, social and geographical conditions that is a huge draw for startups and entrepreneurs. In a study by the international consultancy company Arcadis, it was ranked the second best city to live and do business in Central and Southeast Europe. Its corporate tax levels are some of the lowest in Europe at 19%. It has low living costs. You would need around £2,236.42 (Kč65,966.03) in Prague to maintain the same standard of life that you can have with £4,700.00 in London (assuming you rent in both cities). Labour force costs are also low, meaning companies are able to scale quickly and with lower risks.</p>
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