Investment incentives

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Investment incentives to bring new business opportunities

30.10.2013

Investment incentives including for example tax relief serve as a very useful tool for business development. Thanks to the incentives, recipients save money that are subsequently used for new investments.

Investment incentives to help Y Soft Corporation growing

Our important client, Y Soft Corporation, has utilized an investment incentive in the form of a state subsidy. The subsidy was used for a supercomputer purchase worth CZK 15 million. Y Soft Corporation thus became the first succesful applicant for Strategic Services investment incentive. The company is now to create 40 new qualified jobs. The proactive approach, investment incentives utilization and general vision contributed to the growing company revenues exceeding half a billion CZK. Moreover, Y Soft Corporation currently employs 190 skilled professionals and is about to expand to Australia.
 

State support in 2014

Due to cuts of public support by 15 percent applied for big enterprises next year, CzechInvest wants to provide more effective tools for investment incentives in 2014.