Article 5
Definition of aids provided
2) For investments and/or equipment leasing pro-grams for the production
of electricity by mild forms of energy, and especially wind, solar,
hydroelectric and geothermal, implemented either by undertakings
pro-ducing energy from the aforementioned mild forms of energy under
instance (b), of para. 1, article 3, or by manufacturing undertakings,
farming and fishery un-dertakings using modern technology, mining
undertak-ings quarrying, treating and, in general, utilising indus-trial
minerals, undertakings standardising, packaging and preserving products
of the primary sector on be-half of the same or third parties, international
trade companies, and tourist undertakings, under instances (a),
(g), (h), (i), (k), (q), and (t) of para. 1, article 3, as well
as undertakings of the O.T.A., or the Prefectural local authorities,
or co-operatives under instance (l) of the same paragraph above,
as well as investments or programs for electricity and heat co-production,
im-plemented by the above undertakings, 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%.
f. For investments and other expenditures of eligible manufacturing
undertakings concerning studies, equipment, installation and operation
of the necessary infrastructure and processes, as well as expenditures
for the certification of products and of the quality as-surance
procedures, the conversion of the manufac-turing plants so as to
become more flexible, the intro-duction and adaptation of environmentally
friendly technology to the manufacturing process, the estab-lishment
or expansion of industrial or craft industry plants for the ecological
dismantling of products con-sumed in Greece, as well as investments
for the pro-duction of innovative products, the introduction of
in-novations in the manufacturing process, the creation of an invention
prototype, the dues paid for the inter-national patent registration
of the invention by natural persons or legal entities, the dues
for the annual re-newal of the international patent registration
of the in-vention for a five year term, as specified under sub-instances
(xvii), (xviii), (xix), (xx) and (xxi), of instance (a), of para.
1, article 3, only a grant shall be provided at a uniform rate of
40%, for all areas, including area A, irrespective of whether the
investments and other such expenditures shall be implemented by
new or old organisations.
g. For investments of undertakings rendering quality services under
instance (f), of para. 1, article 3, only a grant shall be provided
at a uniform rate of 40%, for all areas, including area A, irrespective
of whether the in-vestments and other such expenditures shall be
im-plemented by new or old organisations.
h. For investments of public car parks, under in-stance (m), of
para. 1, article 3, only a grant shall be provided, set uniformly
at 600,000 drachmas, per law-ful parking place, for all areas, including
area A, irre-spective of whether the investments and other such
expenditures shall be implemented by new or old or-ganisations.
This grant amount may be readjusted by virtue of joint decisions
of the Ministers of National Economy and Environment, Physical Planning
and Public Works.
i. For investments and/or equipment leasing pro-grams of the joint
venture centres and the interna-tional trade companies under instances
(p) and (q), of para. 1, article 3, the following aid rates shall
be pro-vided:
|
Area
|
Grant rates
|
Interest subsidy rates
|
Leasing subsidy rates
|
|
All areas of the country
|
30%
|
30%
|
30%
|
|
Abroad
|
25%
|
25%
|
25%
|
j. For investments of the commercial undertakings under instance
(r), of para. 1, article 3, only the tax al-lowance shall be provided
as follows:
|
Area
|
Tax allowance rates (tax-free reserves)
|
|
All areas of the country
|
50%
|
