The rules concerning the operation of special economic zones

 The rules concerning the operation of special economic zones

The rules concerning the operation of special economic zones (SEZs) are set in the Act on Special Economic Zones of 20 October 1994. According to the above-mentioned law, the basis for the use of state aid is to obtain a permit to conduct business activity within the zone.

Procedures for permits issuing to conduct business and the acquisition of the right to the property in the SEZ

 

  1. The Preliminary Statement (the application of the investor - Annex)
  2. The invitation to tender or negotiations in order to determine a real estate buyer - an entrepreneur, who obtains a permit to conduct business in the SEZ,
  3. Submission an offer by the investor,
  4. Analysis of the offer by the SEZ,
  5. Authorization to operate in the SEZ and issuing the right to the property.

State aid for entrepreneurs conducting business in the SEZ

The Special Economic Zone Euro - Park Mielec offers for investors state aid in the form of income tax exemptions. Investors who receive a permit to conduct business activity in the area and invest at least 100 thousand EURO automatically have the right to exemption from income tax in the maximum amount allowed by European Union law.

Tax credits up to a maximum limit allowed in the EU are as follows: 50% of investment costs for large businesses, 60% for medium and 70% for small and for the Zachodniopomorskie Voivodship (Western Pomerania), and thus in the Subzone Szczecin SEZ are in turn 35%, 45%, 55%.

State aid for entrepreneurs in the form of tax credits constitutes the regional aid granted for:
1) the new investment costs,
2) creating new jobs.

1) In the Subzone SEZ tax exemption amount for costs of the new investment is:
a) for large enterprises     35%
b) for medium enterprises 45%    of capital expenditure
c) for small enterprises     55%

State aid is granted if a business activity is conducted and capital items are maintained for the period:
a) 5 years - for large entrepreneurs,
b) 3 years - for small and medium entrepreneurs.

2) In the Subzone Szczecin SEZ the amount of the tax exemption for new jobs creating is:
a) for large entrepreneurs     35%
b) for medium entrepreneurs 45%   of two-year labour costs of new employed employees
c) for small entrepreneurs     55%

The entrepreneur has the duty to maintain the newly created jobs over a period of not less than:
a) 5 years – for large entrepreneurs,
b) 3 years – for small and medium entrepreneurs.

The exemptions referred to above, will be vested solely in respect of activities within the zone.

INVESTMENT OFFER

Trzebusz

Dunikowo