Innvestment incentives in Hungary

50% Increase in the Maximum Training Grant

Since October 2020, under the VIP cash grant system, every company has been able to apply for cash grant for training programs implemented either internally or through an external training institution. The main condition is the creation of at least 25 new jobs or the completion of an investment worth €5 million. Grant amount Our expert team has extensive experience in the area of training grants and is ready to assist in securing state support for employee training. If you have any questions regarding VIP cash grant for training projects, please contact our team.

2023.Dec.22.

Uncategorized

Up to 60% Cash Grant in Hungary for Large Investments

New grant opportunity – instead of tax relief for large companies there will be a cash grant in Hungary According to government plans, from early 2024 a new funding program may be launched under the framework of the Individual Government Decision („EKD” or „VIP”) grants, specifically targeting companies adversely affected by the introduction of the global minimum tax. Under the proposed program, these companies could receive cash grant for their planned investments instead of a development tax incentive. The cash grant would be payable within 10 years following the completion of the investment, provided the company has ...

2023.Dec.18.

Innvestment incentives in Hungary

50% Increase in the Maximum Training Grant

Up to 60% Cash Grant in Hungary for Large Investments

Sitemap

Company data

Contacts

Newsletter