New investment possibilities in Special Economic Zones
schedule 04 September 2014
A new chapter is opening in the history of special economic zones in Poland. We now have twelve years to implement a new set of regulations and principles for their functioning. Putting the new regulations into practice means that the amount of public funding will be decreased by 15 percentage points. For example, where businesses have been legible for an exemption of 50 pct of the value of their investment expenditure, now they will be legible for a 35 pct exemption. This means that provided an investor declares plans to invest PLN 10 mln of qualified expenditure, if they generate revenue in the future they will not pay PLN 3.5 mln of the tax on it. This is still a large reduction when contrasted with the tax bills of ordinary enterprises today and, after all, it is important for the investment to be made properly and securely – so that its profitability leads to the employment of new staff and so that it can grow and reinvestment in the business can be made. For sceptics of thi
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