Tax / Special Economic Zones
The Act on Special Economic Zones of 20 October 1994 has been amended several times, mainly because it had to be adjusted to the EU regulations. Changes affected the number of zones, their sizes, and the scope of tax breaks connected with business operations carried out in the zones. Currently, there are 14 special economic zones in Poland, having a total area of 20,000 hectares. They are to remain in existence until 2026.
Special economic zones offer income tax exemption correlated with the amount of capital expenditures within the zone and the costs of two-year employment of new workforce, including social security contributions. Such expenditures are multiplied by the state aid intensity ratio of 15% to 50%, depending on the zone. The resulting amount is income tax exemption that the business does not have to pay.
Special economic zones are not dedicated solely to large entities since the minimum capital expenditure is EUR 100,000. Also, the admissible state aid intensity is higher for small and medium enterprises, by 20 and 10 per cent, respectively.
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