Machinery, equipment, and software purchased under an investment incentive certificate may benefit from VAT exemption. This support significantly reduces the investment's financing burden.
Not paying VAT on purchases under the incentive certificate provides the investor with cash flow advantages and direct cost reductions.
It is the exemption of VAT that would normally be payable on machinery and equipment purchases for incentive-certified investments. The investor does not pay VAT on the equipment purchased.
The exemption covers the following purchases:
To benefit from the VAT exemption, an exemption certificate (VAT Exemption Letter) must be obtained from the Ministry of Industry and presented to the seller. The entire process is carried out through the E-TUYS system.