Excemption from property tax
Who can benefit from the tax exemption?
the operator of a business that pursues an initial investment in Nowy Sącz
What can be the form and value of support?
support takes the form of exemption from property tax buildings and constructions (or their parts) created as part of the investment
the amount of the tax exemption depends on the size of the property and the value of the buildings and constructions created as part of the investment as well as on the property tax rates applicable in a given tax year
the tax exemption is entitled for a period of 3 to 5 years, however, no longer than until December 31, 2026
the support may not exceed: 55% of eligible costs incurred in the case of a small enterpreneur, 45% in the case of a medium-sized entrepreneur, 35% in the case of a large entrepreneur
What conditions must be met to get the exemption?
declare joining the programme before starting work* related to the investment by December 31, 2020 at the latest (application form available at www.nowysacz.pl/zwolnienia-podatkowe)*commencement of the investment implementation means undertaking construction works or the first legally binding commitment to order movable fixed assets, with the exception of costs related to the preparation and elaboration of project documentation)
incur specific investment expenditures or create jobs
cover at least 25% of eligible costs from own resources
maintain the investment for a period of at least 5 years, and in the case of small and medium-sized entrepreneurs, for a period of at least 3 years, from the day of completion of its implementation
maintain the current level of employment and the number of jobs created in the investment for a period of at least 5 years, and in the case of small and medium-sized entrepreneurs, for a period of at least 3 years, from the date of their creation - concerns aid for the creation of jobs
*calculated on the value of the incurred eligible costs
Excemption from income tax I Polish Investment Zone
The Polish Investment Zone is a support programme for companies implementing new investments. It replaces the aid currently functioning under the Act on Special Economic Zones.
Entrepreneurs implementing new investments in Nowy Sącz can benefit from the exemption from corporate income tax (CIT) or personal income tax (PIT).
Who makes decisions about granting this support?
Support Decision is issued on the basis of entrepreneur's application by the Kraków Technology Park (KPT) on behalf of the Minister of entrepreneurship and technology.
This procedure takes about a month.
What is the level of tax relief for the companies investing in Nowy Sącz?
The amount of public aid (tax exemption) is calculated on the basis of the entrepreneur's incurred investment outlays or two-year labour costs of newly hired employees.
What is the period of time for which the support decision will be granted?
12 years – from the day of receiving the Support Decision
15 years – for companies located in the area previously designated as a special economic zone (SEZ)
What criteria must an investment project meet to receive the support decision?
The investment project must meet certain quantitative (minimum investment outlays) and qualitative criteria (5 out of 10 criteria in a given sector - industrial or service sector ) in order to receive public aid.
More information: Polish Investment Zone
Support on staff selection and recruitment process
Help in the search for job candidates
Improving skills and qualifications of employees and job candidates
Support for job creation
Support for the employment of the disabled
More information: Sądecki Urząd Pracy
Governmental grants are provided on the basis of Programme for supporting investments of major importance to the Polish economy for years 2011-2023 (further as the Programme), adopted by the Council of Ministers on July 5, 2011.
Support can be applied for by companies planning investments in the following priority sectors:
1. automotive sector,
2. electronic and household appliances sector,
3. aviation sector,
4. biotechnology sector,
5. food processing sector,
6. modern services sector,
7. research and development (R&D).
Support can also be applied for by companies planning manufacturing investments in other sectors if a project’s minimum eligible costs are 750 m PLN and minimum 200 new jobs or 500 m PLN and 500 new jobs (significant investments).
Form of support
Support is provided in the form of a grant on the basis of a agreement concluded between the minister competent for economy and the investor. The agreement lays down conditions for the payment of the grant, which is paid proportionately to the degree of fulfilling investor’s commitments.
The Programme provides support for investments under the two following categories:
1. Support for creation of new job places (employment grant)
2. Support for new investment (investment grant)
More information: Polska Agencja Inwestycji i Handlu