Czech-Turkish Chamber of Commerce and Industry · Prague

Bilateral tradeSeptember 2026

Today

6.5$bn

Target

10$bn

2002

0.45$bn

0$5bn · previous target, exceeded$10bn

How can we help?

Company formation

Setting up an s.r.o. or sole trader licence, commercial register entry, registered address and bank account.

Tax advice and accounting

Bookkeeping, VAT returns, payroll and annual tax returns.

Permits and legal advice

Residence and work permits, contracts and cross-border matters through our network of lawyers in both countries.

The first consultation is free.

All services

Latest news

Timeline

Milestones of two economies since 1847. While you write history, we stand by your side.

The first banks, stock exchanges, cars and the agreements that connect the two countries.

Go to the timeline

About

The chamber in Prague that brings the business communities of both countries together

The Czech-Turkish Chamber of Commerce and Industry brings together Turkish entrepreneurs living and working in Czechia, Czech companies working with Türkiye, and professionals building bridges between the two countries.

Through cultural events we bring the two societies closer and turn that closeness into a business network whose members strengthen one another. Our aim is to increase the private sector's contribution to the $10 billion trade target. We guide companies at every stage from formation to growth, connect members with the right suppliers, customers and partners, take their concerns to the institutions of both countries, and organise business forums, trade fairs and trade missions.

Background

Since 2012, Candemir Koçak and Utku Koçak have been active in the Czech-Turkish business organisations of the time, including the Turkish-Czech Friendship Association. In these years, Euro Gold Centre in Prague became a meeting point for diplomats, business people and the tourism sector of both countries.

3 April 2012

The Association of Travel Agencies of the Czech Republic (ACK ČR) opened the summer tourism season at Euro Gold Centre on Pařížská Street. The meeting discussed promoting Türkiye as a destination and cooperation through the Turkish-Czech Friendship Association. Article (Czech) ↗

2 November 2012

A Turkish business centre opened at V jámě 8 in Prague. At the opening, attended by Turkish Ambassador Cihad Erginay, the centre became the shared address of the Turkish-Czech Friendship Association, the Czech-Turkish Joint Chamber of Commerce and a young entrepreneurs' association. Article (Czech) ↗

11 December 2018

Nearing the end of his term, Ambassador Ahmet Necati Bigalı thanked the Koçak family and business partners for their friendship and cooperation at the year-end gathering at Euro Gold Centre. Article (Czech) ↗

11 December 2019

Newly appointed Ambassador Egemen Bağış attended the gathering at Euro Gold Centre. The founding of the Czech-Turkish Chamber of Commerce and Industry was on the agenda, along with goals to strengthen trade, cultural ties and closer relations between the two societies. Article (Czech) ↗

“We want a Turkish company arriving in Czechia to find the answers to its first-day questions right here.”

Utku Koçak, Founding President

Culture

Closeness built through culture

In antiquity, Anatolian cities sent envoys called theoroi to sacred centres such as Claros and Didyma and to each other's festivals. Their journey was called theoria: to go, to see, and to bring what was seen back home. This idea guides the chamber's cultural work.

The bond between Czechia and Anatolia runs deep: Hittite, one of Anatolia's ancient languages, was deciphered in 1915 by the Czech orientalist Bedřich Hrozný. As Ambassador Bağış noted at the 2019 gathering, Prague is among the most popular Erasmus destinations for Turkish students.

Our cultural events bring the experience of Czechia and Türkiye to the same table. People engage in dialogue, understand each other better and learn from one another. This closeness is also the foundation of cooperation.

Our goal is to bring professionals, business people and other stakeholders together in a network that supports one another and grows stronger together. We see its returns as both tangible and intangible: shared knowledge, lasting friendships and the richness two cultures bring to each other.

How can we help?

We stand by you in your trade with Czechia and Türkiye

From company formation to accounting, from permits to legal matters, work with a single point of contact. We serve you in Turkish, Czech and English.

Company formation

Setting up an s.r.o. or sole trader licence (živnost), commercial register entry, registered address and bank account.

Tax advice and accounting

Bookkeeping, VAT (DPH) returns, payroll, annual tax returns and financial statements.

Permits and licences

Residence and work permits, the employee card (zaměstnanecká karta), trade licences and sector-specific permits.

Legal advice

Contracts, corporate law, disputes and cross-border matters through our network of lawyers in both countries.

Business matchmaking and market insight

Finding suppliers, customers and partners; sector reports, trade fairs and trade missions.

Cultural events and gatherings

Through exhibitions, talks, trips and business meetings we bring the people and institutions of both countries together.

Incentives and grants

Guidance on Czech and EU support programmes, investment incentives and grant applications.

Tell us about your project and we will connect you with the right expert. The first consultation is free.

Contact us

Leadership and committees

Utku Koçak

Utku Koçak

Founding President
UEB Representative for Czechia

Prague-based entrepreneur and architect. Together with his family, he has founded and run companies in Czechia since 2001 across trade, retail, tourism and hospitality, and has launched new ventures in jewellery, travel and the creative industries. He holds a BA in International Business, an MA in Marketing Communication and a master's in Architecture from UMPRUM in Prague. He is the Czech representative of the International Tradesmen Union (UEB).

Av. Oktay Gürcan

Av. Oktay Gürcan

Vice President, Representative for Türkiye
Chair, Turkish Law Committee

Attorney; graduate of the Faculty of Law at Istanbul Kültür University. Since 2022, managing lawyer of Gürcan Law Firm in Kadıköy. He works in maritime commercial law, medical law, foreigners and citizenship law (Turkish citizenship by investment), enforcement and bankruptcy, and personal data protection. As the chamber's representative in Türkiye, he provides legal support to Czech companies entering the Turkish market.

Sibel Rhea Akyol

Sibel Rhea Akyol

Chair, Culture and Arts Committee

Interior designer of Turkish-Czech heritage, born in former Czechoslovakia. She studied interior design at F.I.T. in New York and animation and graphic design in Prague, earning a BFA. With more than 18 years of experience in architecture, construction and design, she has worked on projects across Europe, Taiwan, Türkiye and Costa Rica. She champions local materials, sustainability and a multidisciplinary approach that unites art, architecture and craft. At the chamber she leads cultural cooperation between the two countries.

Dr. Ahmet Burak Hakkoymaz

Dr. Ahmet Burak Hakkoymaz

Chair, Health Committee

Graduate of Dokuz Eylül University Faculty of Medicine and specialist in forensic medicine. Experienced in crisis management, regulatory analysis and professional training. At the chamber he brings Czech and Turkish stakeholders together in joint projects in health tourism, medical devices, biotechnology and pharmaceuticals.

Rafael Ischakov

Rafael Ischakov

Chair, International Legal Affairs Committee

Lawyer; holds a law degree and an LLM in International Commercial Transactions from the University of Leicester, and completed the LPC at BPP Law School, London. Since 2013 he has worked in Czechia as in-house counsel at Optaglio and Pirken-Hammer Group, handling international contracts, due diligence, intellectual property and litigation and arbitration in the UK. He is General Manager of Ecodynamics s.r.o. in renewable energy. He works in Czech, English and Russian.

Partnerships

International Tradesmen Union (UEB) logo

The chamber works with the International Tradesmen Union (UEB). Chamber President Utku Koçak leads UEB's representation in Czechia; together we develop joint programmes for tradespeople and small businesses in both countries.

Timeline1847–2026

Two economies: their paths and where they meet

Milestones of the Czech and Turkish economies: the first banks, stock exchanges and cars; trade agreements and joint projects.

EconomiesAs of 30 September 2026

Czechia with low inflation, Türkiye with faster growth

IndicatorCzechiaTürkiye
Growth, 20252.6%ČSÚ / European Commission3.6%TÜİK
Growth, Q2 2026 (year on year)1.9%Quarter on quarter 0.4%2.3%Quarter on quarter 1.1%
Growth forecast, 20261.8%European Commission, Spring 20263.3%Medium-Term Programme, Sept 2026
Annual inflation, August 2026%1,9ČSÚ31.5%TÜİK; year-end forecast 28.4%
Unemployment rate3.1%March 2026, OECD7.8%August 2026, TÜİK

Czech imports from Türkiye, 2025 · $ million

Total $3.58bn: top eight categories

Trade, 2002–2023

13×

From $450 million to $5.8 billion.

Tourism, per year

400k / 100k

Czech tourists to Türkiye and Turkish tourists to Czechia, approximately.

Common ground

NATO, Customs Union

Both countries are NATO allies; the EU–Türkiye customs union eases trade in industrial goods.

Key sectors

Automotive and vehicles

The largest category in both directions. In 2025 Türkiye shipped around $936 million of vehicles and parts to Czechia. Electric and hybrid vehicle production is growing in Czechia.

Defence industry

Aselsan and the Czech CSG group set up an EU-based joint venture. Talks on short-range air defence and joint production continue.

Machinery and electrical equipment

Machinery and electrical equipment lead Czech exports to Türkiye; Türkiye is also growing its sales to Czechia in these fields.

Textiles, plastics and metal products

Apparel, plastic products, aluminium and iron and steel goods are steady items of Turkish exports.

Engineering and R&D

Turning Czech engineering expertise and Türkiye's growing technology base into joint projects is on the agenda.

Tourism and aviation

The 2025 air services agreement is strengthening flight connections. Increasing Turkish visitor numbers is a priority.

News

GuideDoing business in Czechia

What you need to know before starting business in Czechia

A short starter guide. Rules can change; talk to us before you take action.

Company types

The most common form is the limited liability company (s.r.o.), with minimum share capital of CZK 1. Larger structures use a joint-stock company (a.s.); individuals operate under a trade licence (živnostenský list).

Formation steps

The memorandum of association is signed as a notarial deed, a trade licence is obtained and the company is entered in the commercial register (obchodní rejstřík). A registered address and bank account are required.

Taxes

Corporate income tax is 21%. The standard VAT (DPH) rate is 21%, the reduced rate 12%. VAT registration is mandatory above a set turnover threshold.

Permits and visas

Turkish citizens need a long-term visa or residence permit to live and work in Czechia; for employees the most common route is the employee card (zaměstnanecká karta).

Employing staff

Employers pay social security and health insurance contributions on gross salaries. Employment contracts must be in writing.

Accounting and reporting

Companies keep double-entry books, file annual tax returns and publish their financial statements in the commercial register.

Türkiye–EU Customs Union

Industrial goods move duty-free with an A.TR movement certificate. Agricultural products and services are not covered.

Currency and banking

Czechia does not use the euro; the currency is the Czech koruna (CZK). Banks ask for ID, company documents and a description of activities when opening an account.

The first consultation for a tailored roadmap is free.

Contact us

NewsletterOne email a month

Two economies, one email

Current economic data from Czechia and Türkiye, regulatory changes, chamber events and business opportunities. Once a month, in English, Czech or Turkish.

Interests
Newsletter language

Contact

Let us help you with your trade with Czechia and Türkiye.

Write to us about company formation, tax and accounting, permits or legal advice; we reply within two working days. Turkish companies operating in Czechia, Czech companies working with Türkiye and professionals developing business between the two countries can become members.

Topic

Email
info@czechturkishchamber.com
Phone
+420 773 243 757
Prague office
Blanická 940/21, 120 00 Praha 2 – Vinohrady
Istanbul office
Av. Oktay Gürcan Law Firm · Soylu Apartmanı, Bağdat Caddesi No. 161, D. 3, Göztepe Mahallesi, 34730 Kadıköy / Istanbul
Utku KoçakFounding President
utkukocak@czechturkishchamber.com
Av. Oktay GürcanVice President, Representative for Türkiye
av.oktaygurcan@czechturkishchamber.com
Rafael IschakovInternational Legal Affairs Committee
rafailiskhakov@czechturkishchamber.com
Dr. Ahmet Burak HakkoymazHealth Committee
aburakhakkoymaz@czechturkishchamber.com
Sibel Rhea AkyolCulture and Arts Committee
sibelrheaakyol@czechturkishchamber.com
Official name
Česko-turecká obchodní a průmyslová komora, z.s.
IČO
22892435
Register
Spolkový rejstřík, Městský soud v Praze
Languages
English, Čeština, Türkçe