investment incentives in the czech republicczechinvest supported areas is the only organization in...
TRANSCRIPT
Investment Incentives in the Czech RepublicGet Support for Your Project
www.czechinvest.org
Canada | TorontoTo be opened
Ukraine | KievTo be opened
CzechInvest
+
+
+
+
+
+
+
is the only organization in the Czech Republic with which investors can register their applications for investment incentives
has extensive experience with administration of investment incentives
has processed more than 1,000 investment-incentives applications
will prepare a preliminary financial calculation of your investment project
will assist you and guide you through the process of applying for investment incentives
communicates in Czech and English
provides all services free of charge
CzechInvest Supported Areas
is the only organization in the Czech Republic with which investors can register their applications for investment incentives
has extensive experience with administration of investment incentives
has processed more than 1,000 investment-incentives applications
will prepare a preliminary financial calculation of your investment project
will assist you and guide you through the process of applying for investment incentives
communicates in Czech and English
provides all services free of charge
Manufacturing Industry Business Support Services CentersTechnology Centers
implementation or expansion of production according to economic activity classification CZ-NACE, section C
construction or expansion of centers focused on research, development and innovation of advanced products, technologies and production processes; intended for use in production
start or expansion of operations+ shared-services centers+ software development centers+ high-tech repair centers+ data centers+ customer support centers (call centers)
Amount of Financial Support
Eligible Costs
orFIXED ASSETS in the form of new machines, structures, land; new machines must comprise at least half of the eligible costs.
TWO YEARS’ WAGE COSTSof employees in newly
created jobs.
Forms of Investment Incentives
CORPORATE INCOME-TAX RELIEF
FOR 10 YEARS
CASH GRANTS FOR JOB CREATION, UP TO CZK 300,000
CASH GRANTS FOR TRAINING
AND RETRAINING, UP TO 50%
OF TRAINING COSTS
CASH GRANTS FOR PURCHASE
OF FIXED ASSETS, UP TO 10%
OF ELIGIBLE COSTS
Only for strategic in
vest
men
t pro
ject
s.
* cash grants for new jobs and training are provided according to the attached map B
Investment project Min. number of new jobs
Min. amount of investment in assets (in CZK mil.)
Manufacturing industry20
50–100* at least half in new machines
Technology centers20
10 at least half in new machines
Software development 20
none
Data centers
Shared-services centers 70
High-tech repair centers
Call centers 500
Investment Project
Strategic Investment Project
* minimum required investment amount according to the attached map A
Minimum Conditions The conditions must be fulfilled within three years from the issuance of the Decision to Grant Investment Incentives.
Forms of Investment Incentives
Strategic investment project
Min. number of new jobs
Min. amount of investment in assets (in CZK mil.)
Manufacturing industry500
500at least half in new machines
Technology centers100
200at least half in new machines
Busi
ness
sup
port
serv
ices
cen
ters
CZK 864 billionin pledged investments
1,127 approved applications
189,000jobs created
Approval Process
Preparation of application documentsSubmission of the application to CzechInvestAssessment of the application by CzechInvestAssessment by ministriesOffer to grant investment incentivesInvestor’s acceptance of the offer (within 3 months)Decision to grant investment incentives
-1 0 1 2 3 4 5 6
Or expanding an existing company? Are you founding a new company? 6 months 3 months
at this moment, you can begin work on the project and include all expenditures in eligible costs.
Investment Incentives in the Period 1998–2017
Special Industrial ZonesReasons to Invest In Them
+
+
+
in these zones, you will get the highest level of support under the most favorable conditions
CZK 300,000 per newly created job
investment of CZK 50 million in assets is sufficient
Most - Joseph
Ostrava - Mošnov
Holešov
“Special industrial zones are a phenomenon of the latest amendment to the Investment Incentives Act. For labor-intensive projects, the cash grant of CZK 300,000 per newly created job is highly motivating, thanks to which these zones have attracted investment projects of several of our clients.”
Rödl & Partner Consulting, s.r.o.
Thomas Chmelař, Partner
For more information, visit our website at www.czechinvest.org/en/Our-services/Investment-Incentives or contact us by e-mail at [email protected] or telephone at +420 296 342 512.
Contact [email protected]
www.czechinvest.org
CzechInvest Headquarters and Foreign Offices:
Czech Republic | PraguePhone: +420 296 342 500E-mail: [email protected] 15, 120 00 Prague 2
Germany | DüsseldorfPhone: +49 211 250 56 190E-mail: [email protected]
China | ShanghaiPhone: +86 138 1779 2614E-mail: [email protected]
Japan | TokyoPhone: +81 3 5485 8266E-mail: [email protected]
South Korea | SeoulPhone: +82 2 720 6080E-mail: [email protected]
ScandinaviaPhone: +420 296 342 809E-mail: [email protected]
UK and Ireland | LondonPhone: +44 77 8523 1520E-mail: [email protected]
USA – East Coast | New YorkPhone:+1 347 789 0570E-mail: [email protected]
USA – West Coast | San FranciscoPhone: + 1 831 313 6295E-mail: [email protected]
Canada | TorontoTo be opened
Ukraine | KievTo be opened
CzechInvest 2018