THE CHALLENGE
The investor plans to invest in a logistics-distribution center construction and equipping, with a total value of 40.6 million kunas, with the aim of capacity increment.
THE SOLUTION
We identified the most favorable possibility of obtaining non-refundable grants, we have prepared the complete application documentation on the “turnkey” principle that resulted in the status of the beneficiary of incentive measures within the Investment Promotion Act. After obtaining the status, we provided support in the implementation phase, which included the preparation of annual reports and accompanying documentation.
THE RESULT
After obtaining the status of the beneficiary of incentive measures, the investor has acquired the right to use the incentive in the form of tax relief in the amount of 10 million which is entitled to use during a period of 10 years. Upon the completion of the investment cycle of 3 years, the investor has tripled his logistic capacity, eliminated high rental costs, and employed 18 new employees.