The Investment Promotion Act represents an excellent source of financing for own projects through various tax incentives and employment subsidies. Eligible applicants are micro, small, medium, and large entrepreneurs who are subject to corporate income tax.

 

The incentive measures apply to projects that ensure one or more of the following objectives: introduction of new equipment and modern technologies, increased employment and employee training, development of higher added-value products and services, increased entrepreneurial competitiveness, and balanced regional development of the Republic of Croatia.

Also in force is the Act on State Aid for Research and Development Projects, aimed at increasing private sector investment in research and development and encouraging cooperation between entrepreneurs and knowledge research and dissemination organisations on R&D projects.

Services that SENSUM provides:
  • Defining the project and project activities
  • Preparing application documentation
  • Preparing investment studies
  • Annual reporting to the Ministry

References

ELCON GERAETEBAU d.o.o.

Modernisation and Expansion of the Production Machinery Fleet, Construction of a Canopy to Connect Business Buildings and Provide Weather Protection, Construction of a Transformer Station, and Hiring of New Employees

Total project value

8,313,163.13 EUR

Our role/contribution

Project definition, application preparation, project implementation

NEOGRAF d.o.o.

Reconstruction of the Production Facility, Modernisation of the Machinery Fleet, and Hiring of New Employees

Total project value

1,271,000 EUR

Our role/contribution

Project definition, application preparation, reporting