The news on incentives to investment for startups and innovative SMEs

The deadline to submit applications to the Ministry of Economic Development is April 30

The Ministry of Economic Development has published the modes of implementing the new incentive for natural persons investing in startups and innovative SMEs.
The tax relief – reads a message from the MoED – is equal to 50% of the investment made in innovative startups (eligible investment up to a maximum of 100,000 euros, for each tax period) and in innovative SMEs (up to a maximum of 300,000 euros, and beyond this limit, the investor can deduct 30% of the excess in each tax period), within the thresholds set by the “de minimis” regime.
The investment, which can be made directly or also indirectly through mutual funds (UCITS), must be continued for at least 3 years. All investments already made during the year 2020 and up to the platform’s launching are eligible. The beneficiary company can apply in the period from March 1 and April 30, 2021.

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02 March 2021 - 11:03 CET