PricewaterhouseCoopers is providing comprehensive services to entrepreneurs conducting business activities in SEZs - both to entrepreneurs who have just commenced business activity in the zone and to the so-called “old zone entrepreneurs”.
Our services for zone entrepreneurs include a tax audit comprising i.a.:
- assistance in the procedure of investment inclusion into SEZ as well as support in obtaining the permit to operate within the Special Economic Zone,
- analysis and assessment of the methodology of calculating the tax result in order to assess whether it enables correct declaration of the income subject to tax exemption,
- review of requirements for the accountancy system with respect to the proper allocation of revenues and costs,
- assistance in the identification of particular sources of income as taxable or tax exempt,
- review of rules for dividing (allocating) tax deductible costs from tax exempt and taxable business activity, based on the example of particular transactions,
- review of rules for settling losses from the tax exempt business activity,
- review of rules for calculating the current state aid limit together with monitoring its utilization,
- review of procedures regarding reporting obligations for CIT and state aid purposes,
- preparing a practical manual concerning the rules for using the state aid in form of tax exemption within SEZ.
We offer services with respect to the following forms of State Aid:
- Initial investment incentives;
- Support for employment;
- Tax exemptions in Special Economic Zones;
- Employee Training Aid;
- Research & Development incentives;
- Support for Small and Medium Enterprises;
- Real estate tax exemptions;
- Technology loans;
- Restructuring Aid;
- Environmental Aid.
