The fourth investor in the Bolesławiec subzone of the Wałbrzych Special Economic Zone “Invest-Park” will be the local company Elektros. The enterprise will acquire the right of perpetual usufruct for a plot measuring 0.5 hectares. The signing of the notarial deed is scheduled for September 20 this year.
Earlier, the following companies invested in the Bolesławiec subzone: the German-Swiss Hoerbiger group, the American company Guardian, and the Bolesławiec-based company Lesław Sacher – Metal Machining.
Investors who decide to invest in a special economic zone can count on tax exemptions amounting to 60% for small enterprises, 50% for medium-sized enterprises, and 40% of investment expenditure for large plants. The terms of the tax exemption are specified in the permit to conduct business activity in the area covered by the special economic zone, which the investor receives after deciding to invest in the zone. Investors locating their projects in Bolesławiec may benefit from exemptions from local taxes (property tax). Tax exemptions for entrepreneurs are set out in two resolutions of the Bolesławiec City Council—on de minimis aid and regional aid. In the case of de minimis aid, an entrepreneur may obtain a tax exemption after creating just five new jobs. In the case of regional aid, obtaining an exemption from property tax is conditional upon incurring investment expenditure of at least PLN 500,000 or creating at least 20 new jobs. Incurring higher expenditure or creating more jobs than the minimum extends the tax-exemption period. The maximum period of exemption from property tax is 10 years.
(information from Bolesławiec City Hall/ii)