| Investment incentives |
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| Tuesday,July 15,2008 Posted: 21:58 BJT(58 GMT) |
| From:驻匈经商处 Article type:Redistributed |
The Hungarian Investment and Trade Development Agency (ITD Hungary) supports high value-added investment projects with a one-stop-shop service including a VIP treatment and comprehensive information about available subsidies for investment projects.
In cases where no EU co-financed subsidy is available, the Hungarian Government offers tailor-made incentive packages for projects with eligible costs exceeding €10 million (or 50 million for tourist projects).
The incentive package may consist of the following ellements:
• cash subsidy decided individually by the Hungarian Government
• development tax allowance
• training subsidy
• job creation subsidy
Currently investors of the following project groups may apply for such packages:
• Investment projects, worth min. Eur 10 million, aiming to establish new manufacturing facilities;
• Investment projects, worth min. Eur 10 million, aiming to establish new research and development facilities;
• Investment projects, worth min. Eur 10 million, aiming to establish new regional service centres;
• Investment projects, worth min. Eur 10 million, aiming to establish new logistics facilities;
• Investment projects, worth min. Eur 50 million, aiming to establish new tourist facilities.
For more ditails, please visit the website of ITDH: http://www.itdh.com/engine.aspx?page=investment_incentives
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