Promotes investments in critical raw materials, the circular economy, and shipbuilding
12 Dec 2024
On 12 December 2024, Greece amended Law 4864/2021 to promote and facilitate a new category of investments—flagship investments of exceptional importance. This category includes projects in critical raw materials, the circular economy, and shipbuilding.
Designation as a flagship investment grants various benefits, including expedited approvals within 45 days, location-based incentives, cost aid, and tax advantages. These tax benefits encompass income tax stabilization for up to 12 years, exemptions from income tax payments, and accelerated depreciation.
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Type:
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Promotion and facilitation (Investment facilitation , Investment incentives)
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Industry:
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Primary (Mining and quarrying)
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Manufacturing (Manufacture of transport equipment)
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Services (Electricity, gas, steam and air conditioning supply)
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Sources:
