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CzechInvest: largest number of incentive applications

17.12.2013

This year, 90 entities have applied for investment incentives. 

CzechInvest has approved tax discounts or material incentives worth over CZK 39bn. There are 85 projects concerning expansion of existing enterprises and 5 applications by new investors. In 2014, the state prepares an amendment to the Act on Investment Incentives resulting from the ordered to decrease maximal public support from 40 to 25 percent.

Source: GovDaily.cz (english version)
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