We provide a comprehensive service, from the conception of an investment project through to the writing of a project application and the subsequent implementation of the project, as outlined in the Investment Promotion Act.
The service is based on a wealth of experience spanning over 10 years and numerous written and implemented projects, utilizing best practices acquired during this period to achieve the maximum possible tax support for the Applicant. Apsolon provides its clients with a comprehensive service, from conceptualizing the project idea to selecting the most favorable investment co-financing option.
Key information about the Investment Promotion Act
The purpose of the support is reflected in the encouragement of investments, offering a 50 %, 75 %, or 100 % reduction in the corporate tax rate for a period of 10 years from the project’s start date. During the three-year project implementation period, as well as the mandatory project maintenance period, we provide project implementation services, thereby maximizing the level of support for our clients.
Eligible beneficiaries
Eligible beneficiaries of support relate to the following groups of activities, provided that the eligible costs are incurred within three years of the start of the investment:
- manufacturing
- development and innovation
- business support
- high value-added services.
Eligible costs
Eligible costs in the three-year project implementation period include:
- construction works
- purchase of new equipment/machinery
- intangible assets
- costs of new jobs and training of employees (related to the project).
Type of support
The right to support is realized in the form of tax breaks and grants, as follows:
- tax breaks are used in the form of a reduction in the profit tax rate generated from business activities related to the investment project
- tax supports are realized by reducing the profit tax rate by 50%, 75%, or 100%, depending on the amount of investment and the number of new employees
- the support can be used for a maximum period of up to 10 years from the start of the project and until the total amount of support is used
- grants are approved for the creation of new jobs after the first year of their establishment.
Support intensity
The support intensity ranges from 35% to 70% of eligible costs, depending on:
- the size of the entrepreneur
- the location of the investment.
The process of preparing and implementing a project within the framework of the Investment Promotion Act
Our services include comprehensive support to clients, from project conceptualization and preparation of documentation to communication with competent authorities and submission of the final annual report during the project implementation period. Thanks to our comprehensive and individualized approach, we have achieved a 100 % success rate in approved projects to date. Our clients are established companies in the food, pharmaceutical, metalworking, and wood industries, as well as other sectors.
Preparation of project documentation
PThe process of preparing a project application consists of the following phases:
- conceptualization of the project by the needs and requirements of the client
- analysis of the current and future situation and collection of necessary documentation
- preparation of a project application and a business plan with maximum client relief
- communication with the competent ministry and preparation of an application supplement if necessary
- obtaining the status of a support beneficiary.
Project Implementation Support
Project implementation is a comprehensive process consisting of::
- preparation of annual reports for the duration of the project, including the mandatory investment maintenance period
- administrative support in collecting supporting documentation.