Cała Polska Specjalną Strefą Ekonomiczną

Analysis

"The entire Poland as Special Economic Zone" has become a fact

The executive regulation to the act on the support of new investment projects has become effective

Tax alert (10/2018) | 5 September 2018

On 4 September 2018 the executive regulation to the act on the support of new investment projects was published in the journal of laws. What is important, on 4 September both a regulation specifying the conditions for granting state aid, as well as regulation including delegation of rights to issue the Decision on Support ("DoS") to the specified Special Economic Zones (“SEZ”) was published in the journal of laws. It means that from September 5 the applications for support can be submitted to the appropriate SEZ management.

This means that entrepreneurs may already submit applications for DoS issuance under the "new SEZ" program (i.e. Polish Investment Zone). It is expected that the first DoS will be issued in September or at the very beginning of October. At the same time, it should be noted that submitting the application for granting state aid under the "new SEZ" program means that the entrepreneur can start works related to the investment project but only expenses borne after DoS issuance will constitute eligible costs.

Currently, it is not known whether the process of issuing the DoS will be as fast as the procedure for issuing SEZ Permits. However, we hope that investors will receive DoS no later than one month from the submission of the relevant application.