Investor Presentaiton
INVESTORS CAN OBTAIN THE FOLLOWING FINANCIAL
BENEFITS:
•
investment incentives - tax holiday + cash grants;
subsidies from EU funds - cash grants;
•
R&D tax allowances;
•
education tax allowances.
All benefits are provided according to the law and
transparency rules, which are to a great extent in
compliance with EU regulations. Over recent years there
has been a structural change in the process of awarding
the most significant form of state aid and investment
incentives.
The amended law increases the focus on projects with a
higher added value. Moreover, it is the Government who will
ultimately decide on the granting of investment incentives,
rather than the administrative approval process managed by
the Ministry of Industry and Trade. This makes the approval
process more complex and will significantly reduce the
number of projects receiving the incentives.
On the other hand, the law is written in a flexible way which
allows the Government to modify the criteria at any time
when the economic situation changes. We can expect that
e.g., due to the economic slow-down or in order to tackle the
impact of the COVID-19 pandemic the conditions will become
more favourable again.
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