2. “Support for R&D and new investments” Guide

GWW is a partner of the “Support for R&D and new investments” (“Wsparcie działalności B+R i nowych inwestycji") guide, published by Rzeczpospolita. The publication makes an in-depth insight into legal instruments that increase the attractiveness of new investments as part of research and development activities.

“The R&D tax credit applicable since 2016 allows deducting a number of expenses for research and development from the tax base, as specified by the legislator. Following the changes introduced at the beginning of 2018, the catalog of eligible expenses covered by this tax credit was extended and the statutory limit of deductions for expenses incurred for R&D activities was increased.

In addition, the Act on supporting new investments, enacted on 10 May 2018, provides for changes in the system of granting tax exemptions, which have so far been applicable to special economic zones (SEZ). Support in the form of exemption from income tax and information assistance for entrepreneurs that meet prerequisites specified in the Act no longer depends on the investment location in the SEZ.

Among attractive solutions, one can also mention financing of innovation activities from EU funds, available under the “Smart Growth” Operational Program 2014-2020 (SG OP), as well as venture capital funds, taking into account the functioning of the BRIdge Alfa program.”

The publication was developed by the team: Andrzej Ladziński, Roksana Waltrowska, Piotr Czajka, Grzegorz Karwatowicz, Michał Modrzejewski, Piotr Świstak, Michał Tuszyński.