The lower chamber of the parliament enacted a draft bill regarding Supporting New Investments ( Ustawa o wspieraniu nowych inwestycji ) on 10th May 2018. The draft law will be presented to the higher chamber after some amendments. According to the bill, tax preferences for investors throughout the country would depend on three basic and clear criteria: investment location, investment characteristics and quality of created jobs.
Under the current regime, companies operating with the necessary permit in one of fourteen SEZs are eligible for certain exemptions and other benefits, including a corporate tax exemption for a set number of years and a real estate tax exemption.
The draft Law includes:
- The tax exemption instrument will be available for new investments that meet the quantitative criteria understood as the size of capital expenditures (micro, small or medium-sized) and the unemployment rate in a given region but differentiated by the place of investment;
- The decision on support shall be issued for a definite period of time, not shorter than 10 years and not longer than 15 years (the length of tax exemptions would be the higher the poorer region).
For companies that have already obtained SEZ permits, the current incentives and rules would continue to apply up to until 31st December 2026.
