Transcript Slajd 1 - Developing Markets Associates

“Opportunities in Tourism Sector and Support for Investors”
Agency for Investments and Competitiveness
London, October, 2013
AGENCY FOR
INVESTMENTS AND
COMPETITIVENESS
AIK
AGENCY FOR
INVESTMENTS AND
COMPETITIVENESS
SERVICES FOR INVESTORS
WHAT WE CAN DO FOR INVESTORS
WE WILL PROVIDE
YOU WITH:
Business
intelligence
Site
selection
Operation
costs
analysis
WE WILL CONNECT
YOU WITH:
Government
bodies
Local and
regional
institutions
Utility
companies
Assistance
with gaining
all necessary
permits
Assistance
with gaining
state
incentives
WE WILL ASSIST
YOU WITH:
Organizing
site visits
AGENCY FOR
INVESTMENTS AND
COMPETITIVENESS
INVESTMENT PORTFOLIO
86 INVESTMENT PROJECTS
6.854,5 MILLION €
9.923 NEW WORKPLACES
WORKING GROUP FOR
BUSINESS CLIMATE AND
PRIVATE INVESTMENTS
Agency for Investments and Competitiveness - main operational body
2013 – 2014
75/148
2012 - 2013
81/144
BUSINESS CLIMATE
120 adopted activities for
improvement of business
climate
INVESTMENTS
22 private projects: € 1,24
billion and 2,900 new work
places
9 successfully resolved
(€ 450 million; 1,600 new
workplaces)
Croatia - the most successful
country in the region
$ 1.25 billion of FDI
$ 633 million of FDI
$ 352 million of FDI
$ 135 million of FDI
ATTRACTIVE LEGAL
FRAMEWORK
In Parlament Procedure
Law on Investment
Promotion
Law on Strategic
Investment Projects
Legislation on
construction and
physical planning
 € 150.000 minimum
investment
 quicker investment
implementation
 e- permits issued within
30 days
 0% - 10% profit tax rate
 less procedures and
licences needed
 construction permit valid
for 3 years – time to start
construction
 €3,000 – €18,000 cash
grants per employee
 up to € 1.0 million for
capital expenses
 up to € 0.5 million for
R&D
 each step of the
investment process listed
 exact deadlines for each
step of the investment
process
 3% discrepancy between
main design and actual
building will be allowed
 Full on-line information
on zoning, cadastre and
ownership rights
INVESTMENT
INCENTIVES
Investment expansion project amounting to € 50 mill. and employing 501 people
CROATIA
CZECH R.
Tax incentives
100% for 10
years
Partial after
the direct
incentives had
been paid
Employment
incentives per
employee
18.000 € or
60% of 2-year
gross wage
Other direct
incentives
10%-20% of
capital costs
2.000 €
up to 5% of
the costs
POLAND
30% to 50%
800 - 3.900 €
2-12,5% of the
costs
SLOVAKIA
SLOVENIA
SERBIA
20 – 50%
40%
100% for 10
years
4.000-10.000 €
Reimbursement
of social and/or
health insurance
contributions
4.00010.000€
10% - 37% of
the costs
Local incentives
on a case to
case basis
State may
award up to
17% of the
costs
INVESTMENT
OPPORTUNITIES
IN TOURISM
Real Estate
Projects
State Owned
Companies
Project Pineta
Imperial Plc.
Project Kupari
Hoteli Makarska Plc.
Hoteli Maestral Plc.
INVESTMENT
OPPORTUNITIES
THANK YOU!
We are standing at your disposal for any additional questions:
www.aik-invest.hr