Facts & Figures
Regional investment aid is a form of state aid for entrepreneurs. Its main objective is to support economic development of the least developed regions of Slovakia and to reduce existing regional disparities.
Typically, there are four applicable forms of investment incentives: tax relief, cash grant, contributions for the newly created jobs and transfer of state/municipal property for a discounted price.
Under the Slovak Act on Investment Aid the following four types of projects may be granted investment aid:
- Technology centres
- Shared services centres
For the purposes of investment aid, the following long-term assets shall be considered as eligible: costs of land acquisition, costs of buildings acquisition and construction, costs of technology equipment and machinery acquisition, intangible assets – licences, patents, etc., or labour costs of new employees for the period of 2 years.