Pro-investors approach: one of the most successful countries in FDI attraction

R&D, job creation, & CAPEX: The incentives can be offered in the form of tax benefits and cash grants. The composition and the amount of incentives depend on the size and the quality of the project and can be negotiated. The incentive process is coordinated by Hungarian Investment Promotion Agency (HIPA). In order to secure the incentives the investor will need to commit to CAPEX, employment, turnover, and wage levels.

Cash grants for asset investments are available for projects larger than 10 MEUR in the case of more developed counties and larger than 5 MEUR in the case of preferred counties. Cash grants for service centers (employment) are available for projects creating at least 50 jobs.

Development tax allowance provides investors with 80% CIT relief and is available for investments larger than 9 MEUR in the case of non-preferred regions and larger than 3 MEUR in the case of preferred regions.

Training: Investments in business services that create at least 25 new jobs or an investment of at least EUR 5 mn may be eligible for a training subsidy that can cover up to 50% of training costs (maximally EUR 5,000 per trainee, up to EUR 2 mn per undertaking).