Investment Incentives in the Czech Republic Get Support for Your Project Canada | Toronto To be opened Ukraine | Kiev To be opened www.czechinvest.org 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 Manufacturing Industry Technology Centers Business Support Services Centers implementation or construction or expansion of start or expansion of operations communicates in Czech and English expansion of production centers focused on research, + shared-services centers provides all services free of charge according to economic development and innovation of + software development centers activity classification advanced products, technologies + high-tech repair centers CZ-NACE, section C and production processes; intended + data centers for use in production + customer support centers (call centers) Amount of Financial Support Eligible Costs FIXED ASSETS in the form of new machines, structures, TWO YEARS’ WAGE COSTS land; new machines must comprise at least half of the or of employees in newly eligible costs. created jobs. Forms of Investment Incentives CORPORATE CASH GRANTS INCOME-TAX RELIEF FOR JOB CREATION, FOR 10 YEARS UP TO CZK 300,000 CASH GRANTS CASH GRANTS . s t FOR TRAINING FOR PURCHASE c e j AND RETRAINING, OF FIXED ASSETS, o r p UP TO 50% UP TO 10% t OF TRAINING COSTS OF ELIGIBLE COSTS n e m t s e v in ic O eg nly for strat * cash grants for new jobs and training are provided according to the attached map B Forms of Investment Incentives Minimum Conditions The conditions must be fulfilled within three years from the issuance of the Decision to Grant Investment Incentives. Investment Project Investment project Min. number Min. amount of investment in assets of new jobs (in CZK mil.) Manufacturing industry 50–100* 20 at least half in new machines Technology centers 10 20 at least half in new machines Software development 20 Data centers Shared-services centers 70 none High-tech repair centers Call centers services centers 500 Business support * minimum required investment amount according to the attached map A Strategic Investment Project Strategic Min. number Min. amount of investment in assets investment project of new jobs (in CZK mil.) Manufacturing industry 500 500 at least half in new machines Technology centers 200 100 at least half in new machines Approval Process 6 months 3 months Are you founding a new company? Or expanding an existing company? -1 0 1 2 3 4 5 6 Preparation of application documents Submission of the application to CzechInvest Assessment of the application by CzechInvest Assessment by ministries Offer to grant investment incentives Investor’s acceptance of the offer (within 3 months) Decision to grant investment incentives at this moment, you can begin work on the project and include all expenditures in eligible costs. Investment Incentives in the Period 1998–2017 1,127 CZK 864 billion 189,000 approved applications in pledged investments jobs created Special Industrial Zones Reasons 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 Rödl & Partner Consulting, s.r.o. Most - Joseph “Special industrial zones are a phenomenon of the latest amendment to the Investment Ostrava - Mošnov Incentives Act. For labor-intensive projects, the cash grant of CZK 300,000 per newly created job Holešov is highly motivating, thanks to which these zones have attracted investment projects of several of our clients.” 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 us [email protected] CzechInvest Headquarters Germany | Düsseldorf South Korea | Seoul USA – East Coast | New York and Foreign Offices: Phone: +49 211 250 56 190 Phone: +82 2 720 6080 Phone:+1 347 789 0570 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Czech Republic | Prague China | Shanghai Scandinavia USA – West Coast | San Francisco Phone: +420 296 342 500 Phone: +86 138 1779 2614 Phone: +420 296 342 809 Phone: + 1 831 313 6295 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Stepanska 15, 120 00 Prague 2 Canada | Toronto Japan | Tokyo UK and Ireland | London To be opened Phone: +81 3 5485 8266 Phone: +44 77 8523 1520 E-mail: [email protected] E-mail: [email protected] Ukraine | Kiev To be opened CzechInvest 2018 www.czechinvest.org.