The European Commission (EC) wants a new incentive limits for all European Union (EU) member states from 1 July 2014. These limits exist to guarantee that no extreme unreasonable incentives are given by an EU member state to businesses.
Incentives for large enterprises will be limited and will reduce the current level of benefit in the Czech Republic. So, companies need to review their investment plans to apply and receive incentive benefits prior to 1 July 2014.