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Real estate tax exemption for entrepreneurs locating new investment in PPPT

05-07-2010  News

​On 25th May 2010 the Płock City Council approved a regional aid program of the City of Płock for supporting new investments in the Płock Industrial and Technological Park.
 
Regional aid program for supporting new investments resulted from joint actions of PPPT S.A. and the City of Płock and is dedicated only to entrepreneurs locating their investments within the area of the Płock Industrial and Technological Park.

 According to the program a tax exemption can be applied to the buildings or parts thereof and edifices or structures belonging to the entrepreneurs locating new investment within borders of the Płock Industrial and Technological Park.

 Real estate tax exemption can be received for a period of:

• 10 years – if the value of costs eligible for aid program was less than or equal to 10 million PLN,

• 15 years - if the value of costs eligible for aid program exceeded 10 million PLN.

 Regional aid program for entrepreneurs investing in the Płock Industrial and Technological Park complements the existing supporting program for entrepreneurs, according to which a tax exemption can be applied to the real estates belonging to an innovative entrepreneurs or entrepreneurs carrying research and scientific activity.

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