Attractive tax reliefs and attractive business incentives

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Attractive tax reliefs and attractive business incentives

March 22, 2021

Entrepreneurs operating in the territory of Rēzekne SEZ mention tax reliefs and grants as the most valuable benefits.

By developing their activities, Rezekne SEZ companies can receive

  • Up to 100% real estate tax relief
  • 80% corporate income tax relief
  • Up to 55% return of of investment costs in tax incentivesIn addition, reinvested earnings are subject to a 0% corporate tax rate.

Businesses can also set up free customs zones to facilitate the logistics of services / products and customs procedures in the EU.

The available tax reliefs also provide a return on investment costs by

  • 55% - for small companies (employs less than 50 people, annual turnover does not exceed 10 million euros)
  • 45% - for medium-sized companies (employs less than 250 people, annual turnover does not exceed 50 million euros)
  • 35% - for large companies (employs more than 250 people, annual turnover exceeds 50 million euros)

Here you can calculate corporate tax benefits in Rezekne SEZ: https://lnkd.in/gwnuYHD