Development Law

Tax exemption: Exemption from the payment of income tax on the pre-tax profits realized from the total activities of the company.
Subsidy: Financial aid in order to cover the subsidized costs of the investment plan subsidized by the State.
Leasing subsidy: Coverage by the State part of the paid installments of leasing, which is concluded for the acquisition of new mechanical and other equipment. It is determined as a percentage of the value of their acquisition and is included.
Subsidy for employment: Coverage by the State part of the salary cost of the new working positions created and related to the investment plan and for which no other state aid is received.

Aid to investment projects, with the aim of supporting businesses operating in various sectors of the Greek Economy, such as tourism, manufacturing, agri-food, IT technology, the supply chain, etc. The percentage of the aid reaches up to 70% of the total cost of the investment, depending on the area of implementation of the investment.