Article 5
Definition of aids provided

For area A and subject to the provisions of para. 3 of this article, no interest subsidy and tax allowance shall be provided to old organisations.
3. Exceptions to the general rules for he provision of the aids specified in paragraphs 1 and 2 above.
Notwithstanding what is specified in paragraphs 1 and 2 above:
a. For the establishment or expansion of hotel facili-ties, the following aid rates shall be provided for all ar-eas, except area A:

Area
Grant rates
Interest sub-sidy rates
Leasing subsidy rates
D
25%
25%
25%
C
15%
15%
15%
B
-
-
-

or alternatively:

Area
Tax allowance rate (tax-free reserve)
Interest subsidy rates
D
60%
25%
C
40%
15%
B
-
-

b. For the complete modernisation of hotel facilities and camping facilities, uniform aid rates shall be pro-vided for all areas, including area A, as follows:
(i) Grant 25%
(ii) Interest subsidy 25%
(iii) Leasing subsidy 25%

or alternatively

(i) Tax allowance 60%
(ii) Interest subsidy 25%
c. For the conversion of traditional or listed buildings into hotel facilities, uniform aid rates shall be provided for all areas, including area A, as follows:
(i) Grant 40%
(ii) Interest subsidy 40%
(iii) Leasing subsidy 40%
or alternatively
(i) Tax allowance 100%
(ii) Interest subsidy 40%.
d. 1) For conference centres, ski centres, spa facili-ties, marinas, thalassotherapy, health tourism and training-sports tourism centres, uniform aid rates shall be provided for all areas, including area A, as follows:
(i) Grant 35%
(ii) Interest subsidy 35%
(iii) Leasing subsidy 35%
or alternatively
(i) Tax allowance 70%
(ii) Interest subsidy 35%.
2) Especially for independent conference centres created outside of hotel installations, as well as for golf courses, uniform aid rates shall be provided for all areas, including area A, as follows:
(i) Grant 40%
(ii) Interest subsidy 40%
(iii) Leasing subsidy 40%
or alternatively
(i) Tax allowance 100%
(ii) Interest subsidy 40%.

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