Privileges

The National Entrepreneurship Support and Development Agency

TAX PRIVILEGES

The project owner benefits from tax privileges during the phases of establishing the project and expanding its production capacity, which helps reduce financial burdens and encourages investment in various economic projects.

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First phase: Implementation Phase

  • Exemption from property transfer duties for real estate acquisitions made for a financial consideration within the framework of creating an industrial activity.
  • Exemption from value-added tax (VAT) on the acquisition of equipment and services that are directly involved in the implementation of the investment during both the establishment and expansion phases, for activities subject to the real tax system. (Passenger vehicles are excluded from this measure unless they constitute the main tool of the activity).
  • Application of a reduced 5% customs duty rate on imported equipment directly used in the implementation of the investment.

Second Phase: Operational Phase

  • Exemption from property tax on buildings and additional constructions for 3, 6 or 10 years, depending on the project's location, starting from the date of completion.
  • Exemption from the single lump-sum tax (IFU) or, as applicable, from Corporate Income Tax (IBS) or Personal Income Tax (IRG) for a period of 3, 6, or 10 years, depending on the project’s location, starting from the date operation.
  • Upon expiration of the exemption period mentioned above, it may be extended for 2 years when the investor undertakes to employ at least 3 workers on a permanent basis.

Failure to respect the commitment to create jobs will result in the withdrawal of granted privileges and the requirement to pay the due fees and charges.