Entrepreneur investing in Kamienna Góra Special Eco nomic Zone for Medium Business acquires the right to benefit from the public aid in the form of tax exemption .
– public aid amounting to 25 percent of capital exp enditures in the conduct of business for at least five years (45 percent and 35 percent in case of small and medium-sized enterprises in the conduct of business for at least three years),
– public aid for creation of new workplaces, mainta ined for at least 5 years, amounting to 25 percent of the value of two years of employme nt costs for newly employed workers (45 percent and 35 percent in case of small and medium-sized enterprises – workplaces maintained for at least three years).
The fixed aid ceilings shall apply in relation to t he total amount of public aid measures for the aided project, regardless of whether that a id comes from local, regional, national or Community sources.
The maximum intensity of regional investment aid is calculated as the ratio of the equivalent gross grant to the costs eligible for ai d, is:
25% – in the areas belonging to the following provi nces: Silesia, Wielkopolska and Silesian (dolnośląskie, wielkopolskie and śląskie districts of Poland)
A new investment should be understood as an investm ent in fixed assets and intangible and legal assets, which relies on creating a new or expanding an existing business, diversification of production of the company by int roducing new additional products, or a fundamental change in the overall production p rocess of an existing business. A new investment should also be considered an investm ent of buying a company, which is in liquidation or would have been closed if it w as not purchased, and the company is bought by an independent investor. Aid intended for replacement investment is not permissible.
For aid to entrepreneurs for the implementation of large investment projects (costs eligible for public aid exceeds 50,000,000 Euro) the maximum amount of aid is determined by the following formula:
I = R x (50 million Euro + 0,5 x B + 0,34 x C)
where the symbols mean:
I – the maximum value of the aid for large investmen t projects,
R – aid intensity for the area of investment location, as determined in a ccordance with paragraph 1,
B – the level of costs eligible for aid, over the eq uivalent of 50 million Euro but not exceeding 100 million Euro,
C – the level of costs eligible for aid exceeding th e equivalent of 100 million Euro.
The basis for the use of public aid is a permit to conduct business within Kamienna Góra Special Economic Zone for Medium Business, pro vided by the management board zone. The permit shall specify the subject and the conditions of the economic activity in the zone (the level of capital expenditures and the level of employment).
The entrepreneur can also gain an exemption from pr operty tax. This decision is released by the municipality in which the investmen t is made.
Time of approving investment aid
Depending on the location and the owner of the prop erty the procedure covering the selling of the ground and granting the permission f or conducting an economic activity within the Kamienna Góra Special Economic Zone for Medium Business lasts from 1 to 3 months. The subjected permission is an admin istrative decision that makes it possible for investors to benefit from public aid i n the form of tax exemption (income tax).
Where is being made the decision of granting the pu blic aid?
The process of making the decision and granting the permission for conducting an economic activity is within the authority of Kamien na Góra SEZ managing board, in accordance with the regulation of the Minister of E conomy at 2 nd July 2009.
Simulation of the minimum eligible costs (according to the unemployment rate in Poland at the end of June 2017) that must be incurred by the entrepreneur in the area within the Kamienna Góra Special Economic Zone of Small Entrepreneurship being the responsible entity for issuing (on behalf of the Minister responsible for economy) the decision of support: