Investment incentives

Real property tax exemption
In Jasło, real property tax exemption is part of the regional investment aid offered to support initial investment projects under a resolution of Jasło Town Council.

Real property tax exemption applies to buildings or their parts newly erected by entrepreneurs for the purposes of their business activity within the town of Jasło, constructions or their parts newly erected by entrepreneurs in connection with the initial project implementation as defined in Art. 3 (10) of the Ordinance of the Council of Ministers on the conditions for granting real property tax and vehicle tax exemptions constituting regional investment aid, aid for culture and heritage conservation, aid for sports facilities and multifunctional recreational infrastructure or aid for local infrastructure, dated 9 January 2015 (Dz.U. of 2015, item 174).

The exemption period depends on the enterprise size and the construction value and varies between 1 and 5 years.

Corporation tax exemption
Within the area of Jasło there is a subzone of the Tarnobrzeg Special Economic Zone Euro-Park Wisłosan. It encompasses 61.03 ha.

The conduct of business within the Zone requires authorisation from the Management Board of Agencja Rozwoju Przemysłu S.A. in Warsaw, under which a company can receive public aid in the form of a corporation tax exemption or a personal income tax exemption. Developers can choose which form of aid they wish to receive: public aid for new investments or public aid for creation of new jobs.

The public aid level depends on the entrepreneur’s size. For Jasło in the Podkarpackie Province, the maximum aid intensity for regional investments is:

– for small enterprises: 70% of investment expenditure or two-year labour costs of new recruits,

– for medium-sized enterprises: 60% of investment expenditure or two-year labour costs of new recruits,

– for large enterprises: 50% of investment expenditure or two-year labour costs of new recruits.

Entrepreneurs developing large projects in SEZT can apply for a subsidy from the Ministry of Development under the government Programme for Support of Investments with Significant Impact on the Polish Economy 2011-2020.

The public aid sums received by an entrepreneur from different sources are added together up to the amount available for a given area.

The minimum value of a new investment in SEZT is €100,000 (for zonal areas created before 1 January 2009). For other cases, the criteria for new authorisations apply. Developers must fulfil at least one of the following:

• Innovation – an opinion from at least one scientific body from Poland or from another EU country is required, one which substantially relates to the relevant sector,

• Unemployment rate – as calculated according to the rate announced by the President of GUS [Poland’s Central Statistical Office] for the county, in which an investment project is being developed, for example:

– If the unemployment rate is within the range of between 100% and 130% of the country’s average rate, the developer is required to create a minimum of 49 jobs or invest PLN 17.3 mill.

– If the unemployment rate is within the range of between 131% and 160% of the country’s average rate, the developer is required to create at least 35 jobs or invest PLN 9.1 mill.

– If the unemployment rate is within the range of between 161% and 200% of the country’s average rate, the developer is required to create at least 18 jobs or invest PLN 1.75 mill.

• Promoting development of clusters, technology and industrial parks – at least ten (small, medium-sized or large) entrepreneurs conducting business within the area of one or several adjacent provinces that compete and cooperate with each other in the same or related industries,

• Priority sectors – these are considered to be the automotive, aircraft, electronics, machine-building, chemical and biotechnology industries, R+D, modern services (IT, bookkeeping and accounting, technical tests and analyses, telephone centres). The manufacture of devices for the production of fuels and energy from renewable sources is also considered a priority.

At present, there are 4 investment areas available in Jasło. They have 19.67 ha in total and are located in the Special Economic Zone of Tarnobrzeg (SEZT). The areas are:

• Warzyce 1 – Brzyszczki District: A vacant site of 2.97 ha, owned by the Municipality of Jasło (page 16);
• Warzyce – Area A: A vacant site of 8.61 ha (of which 5 ha in SEZT), owned by the Nowy Styl Group (page 33);
• Green Area: A vacant site of 5.2 ha, owned by LOTOS Infrastruktura S.A. (page 42);
• Group of Buildings and Industrial Halls: A developed site of 6.5 ha, owned by LOTOS Infrastruktura S.A. (page 46);

Agencja Rozwoju Przemysłu S.A., the company administering the EURO-PARK WISŁOSAN SEZT encourages potential investors to launch new investment project in the Jasło Subzone. The selection and situation of new projects in SEZT last a maximum of 8 weeks. For more information about operating in the Zone, visit www.tsse.arp.pl