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Fiscal Incentives


0% profit tax for the reinvested profit in new technological equipment used for business purposes


0 % income tax for employees hired as software developers


0% income tax for employees hired in Research & Development companies

0% income tax for R&D companies for the first 10 years

Specific deduction in case of R&D eligible expenses:

Accelerated depreciation of R&D equipment

Additional deduction in value of 50% of R&D expenses can be deducted from the taxable income. If a loss is made this can be carried forward

Industrial parks

Investors that set up manufacturing locations or offices in an industrial, scientific or technological park benefit from:

Exemption on land, building and urban planning tax

Exemption for taxes charged for changing land destination