Investments holding an incentive certificate are exempted from various municipal fees, reducing the investor's administrative burden and costs.
Holders of an investment incentive certificate may be exempted from various fees normally payable to municipalities during the investment process. This exemption provides significant cost advantages, especially for large-scale investments, and simplifies administrative procedures.
The following municipal fees may be exempted for incentive-eligible investments:
To benefit from the exemption, an application is made to the relevant municipality with the incentive certificate. Each municipality may apply its own procedures.
All holders of general, regional, priority, or strategic investment incentive certificates can benefit from municipal fee exemptions for activities covered by the certificate. The scope of the exemption may vary depending on the practices of the municipality where the investment is located.
To benefit from the exemption, the incentive certificate must be presented to the relevant municipality. Practices may differ between municipalities; some may request additional documents. The exemption applies only to operations relating to the investment covered by the incentive certificate.