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GREECE’S  NEW  INVESTMENT INCENTIVES & FINANCING TOOLS  Explore the opportunity MINISTRY OF DEVELOPMENT SPECIAL SECRETARIAT  FOR COMPETITIVENESS MANAGEMENT AUTHORITY  FOR THE  OPERATIONAL PROGRAMME  'COMPETITIVENESS AND ENTREPRENEURSHIP'  Eleftherios Stavropoulos Special Secretary for Competitiveness [email_address]
Overview of Greece
Greece  can serve as the  springboard for U.S. firms entering the evolving markets in the region ,[object Object],[object Object]
Greece  and  the evolving markets in the region ,[object Object],[object Object]
Greece  and  the evolving markets in the region ,[object Object],[object Object]
Location
Greece offers investors a favorable investment environment  ,[object Object],[object Object],[object Object]
Greece offers investors a favorable investment environment  ,[object Object],[object Object],[object Object],[object Object]
Greece offers investors a favorable investment environment  ,[object Object],[object Object]
Sectors  with   Market Opportunities ,[object Object],[object Object],[object Object],[object Object]
Sectors  with   Market Opportunities   ,[object Object],[object Object]
Sectors  with   Market Opportunities   ,[object Object]
Source ,[object Object],[object Object]
The role of the Special Secretariat for Competitiveness ,[object Object]
The role of the Special Secretariat for Competitiveness ,[object Object],[object Object],[object Object]
The role of the Special Secretariat for Competitiveness ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],INVESTMENT INCENTIVES LAW
 
INCENTIVES ON OFFER   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash grant / Leasing subsidy OR Wage subsidy for employment created To medium size enterprises, as these are from time to time defined in the  E.U. legislation, an additional percentage of subsidy up to 10% is granted.  To small and very small enterprises an additional  percentage of subsidy up to 20% is granted. 35% 25%   15% Category 2 40%    30%   20% Category 1 Zone C   Zone B   Zone A Investment   Category
Tax allowance  Employment positions relative to the investment are considered new employment positions which are created for the assistance of the investment within the first three years of its completion and start of productive operation. The subsidy is payable on the expenses for wages for the total employment positions relative to the investment for the first two years as of the creation of each employment position. By ‘expenses for wages’ it is understood the salary “before taxes” and the compulsory contributions to social security. Eligible for the grant are enterprises which operate in every sector of the economy, if they fulfill the criteria for the submission to the incentives system, as laid out in the Law. 100% 100%   50% Category 2 100%    100%   60% Category 1 Zone C   Zone B   Zone A Investment Category
GREEK INNOVATION SYSTEM WWW.GSRT.GR ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],GREEK INNOVATION SYSTEM WWW.GSRT.GR
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GREEK INNOVATION SYSTEM WWW.GSRT.GR
GREEK INNOVATION SYSTEM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GREEK INNOVATION SYSTEM
GREEK INNOVATION SYSTEM ,[object Object],[object Object],[object Object],[object Object],[object Object]
Innovation promotion in all the sectors of the economy, as the main factor for the restructuring of the Greek economy and the transition to the economy of knowledge .
Opportunities for Investments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunities for Investments ,[object Object],[object Object],[object Object]
Opportunities for Investments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunities for Investments ,[object Object],[object Object],[object Object],[object Object]
SPECIAL SECRETARIAT  FOR COMPETITIVENESS   OPERATIONAL PROGRAMME COMPETITIVENESS AND ENTREPRENEURSHIP 2007-2013 (OPC II) ,[object Object],[object Object],[object Object]

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1.Competitiveness

  • 1. GREECE’S NEW INVESTMENT INCENTIVES & FINANCING TOOLS Explore the opportunity MINISTRY OF DEVELOPMENT SPECIAL SECRETARIAT FOR COMPETITIVENESS MANAGEMENT AUTHORITY FOR THE OPERATIONAL PROGRAMME 'COMPETITIVENESS AND ENTREPRENEURSHIP' Eleftherios Stavropoulos Special Secretary for Competitiveness [email_address]
  • 3.
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  • 11.
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  • 17.
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  • 20.  
  • 21.
  • 22. Cash grant / Leasing subsidy OR Wage subsidy for employment created To medium size enterprises, as these are from time to time defined in the E.U. legislation, an additional percentage of subsidy up to 10% is granted. To small and very small enterprises an additional percentage of subsidy up to 20% is granted. 35% 25%   15% Category 2 40%    30%   20% Category 1 Zone C   Zone B   Zone A Investment Category
  • 23. Tax allowance Employment positions relative to the investment are considered new employment positions which are created for the assistance of the investment within the first three years of its completion and start of productive operation. The subsidy is payable on the expenses for wages for the total employment positions relative to the investment for the first two years as of the creation of each employment position. By ‘expenses for wages’ it is understood the salary “before taxes” and the compulsory contributions to social security. Eligible for the grant are enterprises which operate in every sector of the economy, if they fulfill the criteria for the submission to the incentives system, as laid out in the Law. 100% 100%   50% Category 2 100%    100%   60% Category 1 Zone C   Zone B   Zone A Investment Category
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31. Innovation promotion in all the sectors of the economy, as the main factor for the restructuring of the Greek economy and the transition to the economy of knowledge .
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.