Tax supports are not the only supports provided by the Law on Investment Promotion, but there are also the following types of supports for beneficiaries.
Supports for justified costs of new jobs associated with the investment project
For example, a support beneficiary who ensures the creation of new jobs related to an investment project in counties where the registered unemployment rate is more than 15% will be granted non-refundable financial support for the justified costs of creating new jobs related to the investment in the amount of up to 30% of the eligible costs for opening of a new job, in the maximum amount of 9.000,00 EUR per newly opened job.
Supports for justified training costs related to the investment project
The recipient of the support will be granted a non-refundable financial support for the training of workers in new workplaces related to the investment project, which will be granted in accordance with the rules on state support for training.
Supports for:
a) development and innovation activities
These supports will be approved for the following investment projects:
– Development and innovation activities that influence the development of new and significant improvement of existing: a) products; b) production series; c) production processes; d) production technologies.
b) business support activities
– centres of business activities; logistics and distribution centres; centres for the development of information and communication systems and software
c) high added value service activities
– creative services activities; activities of sustainable tourism services
Supports for the capital costs of the investment project
The investment project for which supports are approved for the capital costs of the investment project represents an investment in the fixed assets of the beneficiary of the support in the amount of at least 5.000.000,00 EUR, with the condition of creating at least 50 new jobs related to the investment project. Supports for capital costs refer exclusively to investment projects in the production and processing industry, that is, to investment projects in the production and processing activities of this Law.
For example, a support beneficiary who implements an investment project in counties where the registered unemployment rate is above 15% will be granted support for capital costs, non-refundable financial support in the amount of 20% of eligible investment costs in fixed assets, and that for:
a) costs of building a new factory, industrial plant
b) costs of purchasing new machines or production equipment
in the total maximum amount of up to 1.000.000,00 EUR with the condition that the share of investment in machines or production equipment amounts to a minimum of 40% of the total investment value, and a minimum of 50% of the purchased machines or production equipment must be high-tech equipment.
Supports for labour-intensive investment projects
An investment project for which supports are approved for labour-intensive investment projects represents an investment in the fixed assets of the beneficiary of the support that enables the creation of at least 100 new jobs related to the investment project, within a period of three years from the start of the investment.
So, for example, a support beneficiary who ensures the creation of new jobs related to the investment project in counties where the registered unemployment rate is more than 15% will be granted a non-refundable financial support in the maximum amount of 2.250,00 EUR per newly opened workplace.
Supports for the economic activation of inactive assets owned by the Republic of Croatia
Inactive property in the sense of this Law consists of land and/or buildings owned by the Republic of Croatia, which are managed by the ministry responsible for state property management, and which are not in operation and on which no economic activities are performed. Inactive property owned by the Republic of Croatia, for which the intention of using support for investment projects through the economic activation of inactive property owned by the Republic of Croatia arises, shall not be considered to be inactive property owned by the Republic of Croatia if it has unresolved property legal relations, if it is a property on which there is any type of encumbrance, and property that in nature has the status of agricultural, forest or tourist land.
The investment project for which support is approved for the economic activation of inactive assets owned by the Republic of Croatia represents an investment in the long-term assets of the beneficiary of the support in the amount of at least 3.000.000,00 EUR, with the condition of creating at least 15 new jobs related to the investment project, within period of three years from the beginning of the investment.
Support for the modernization of business processes – automation, robotization and digitization of production processes
The investment project for which support for the modernization of business processes is approved is an investment in the long-term assets of the beneficiary of the support in the minimum amount of 500.000,00, EUR with the condition that the initial state of employees of the support beneficiary is preserved during the entire period of use of the support, and not shorter than the minimum period of preservation of the subject of the investment project for which it is intended to use support for the modernization of business processes.
Beneficial support will be reduced by the profit tax rate, so for investments worth over 3.000.000,00 EUR, the profit tax rate to the beneficiary of the support will be reduced by 100% of the prescribed profit tax rate for a period of up to ten years from of the beginning of the investment.