Czechia

Czechia

Amendments to the Investment Incentives Act

01 May 2015

Act No. 84/2015 came into force on 1 May 2015, amending Act No. 72/2000 Coll. (Act on Investment Incentives). It introduces a new type of support (exemption from real estate tax), expands the range of supported activities (data centers and customer support centers) and relaxes the conditions for granting investment incentives. It allows investment incentives to be obtained by both domestic and foreign investors for whom incentives were not formerly intended, or who did not meet the original strict conditions.