SSC incentives in Hungary 2013
-
Upload
balazs-csorjan-dr -
Category
Business
-
view
821 -
download
0
Transcript of SSC incentives in Hungary 2013
March 2013
1. Subsidy with Individual Government
Decision
above EUR 10 M and no EU funds are available or above EUR 25 M
Type: cash, non-refundable Amount of subsidy: decided individually by the Hungarian Government Conditions: creating at least 100 new jobs or at
least 200 in the Central Hungary region Application: „request list” shall be submitted to HITA Provider of incentive: Hungarian Government
2. Development tax allowance
Type: tax allowance for post-investment period
Amount of subsidy: exemption for 80% of the corporate tax payable for 10 years following the fulfilment of the investment
Conditions:
A. investment volume min. EUR 10 M, min. 150 new jobs or wage cost growth reaches 600 times the yearly minimum wage
OR
B. EUR 3.3 M investment volume and 75 new jobs in preferred regions or wage cost growth reaches 300 times the yearly minimum wage
Application: request needs to be submitted to HITA
Provider of incentive: Ministry for National Economy
3. Training subsidy
Type: cash subsidy, non-refundable
Amount of subsidy: 25-90% of eligible training costs
max. EUR 1 M (HUF 300 M) if job creation is between 50 and 500,
max. EUR 2 M (HUF 600 M) if job creation >500
Conditions: min. 50 new jobs
Application: letter of intent needs to be submitted to the relevant minister
Provider of incentive: Ministry for National Economy
4. Job Protection Action Plan (Social Tax)
Type: tax allowance The social tax payable can be decreased for five prioritized labour groups. The claim of the allowance is to be indicated in the tax documentation.
Amount of subsidy: The social tax is in this case either 0% or 14% (instead of the general 28.5%) depending on the type of labour group.
Providers of incentive: Hungarian Government
One stop shop by HITA
Tailor-made incentive solutions covering various granting authorities
Negotiations and processes with all relevant authorities coordinated by HITA
For further information please contact:
Mrs Györgyi SOMFALVI-PETÉNYI Head of Incentives Department
HITA Phone: +36-1-872-6515
E-mail: [email protected]
Sub
sidies fo
r Shared
Service Cen
tre p
rojects
Incentives for Shared Service Centre
projects