Development Law and incentives for new investments in the Greek market

Development Law and incentives for new investments in the Greek market

The Development Law is the primary institutional framework for promoting the private economy and attracting strategic investments to Greece.

Through successive aid schemes, significant incentives are offered to businesses of all sizes wishing to expand their activities, modernize their units, or enter new markets. At Entec Consultants, we specialize in capitalizing on the opportunities provided by the law, guiding investors in choosing the most appropriate scheme for maximum benefit.

The incentives provided through the Development Law include capital grants, tax exemptions, leasing subsidies, and subsidies for the cost of created employment. The choice between these forms of aid depends on the financial profile of the business and the nature of the investment. For example, startups often prefer direct grants, while existing and profitable units may find greater benefit in tax exemptions.

The law's schemes cover a wide range of sectors, from tourism and manufacturing to agrifood and digital technologies. Particular emphasis is now placed on investments that promote the green economy, circular resource management, and research and development. Entec Consultants thoroughly analyzes the specifications of each scheme, ensuring that your investment plan meets all scoring criteria to secure approval and inclusion in the aid programs.

Preparing a file for the Development Law is a demanding process that requires a precise techno-economic study and full documentation of costs. Our team handles the complete verification of supporting documents, the drafting of the business plan, and the monitoring of the application's progress until the final decision of inclusion. Our experience in the Greek market allows us to anticipate potential obstacles and offer solutions that safeguard your investment.

The Development Law is not just a source of funding, but a lever for the radical transformation of your business. With the right consulting support from Entec Consultants, you can turn development incentives into a competitive advantage, ensuring the viability and profitability of your business in a constantly changing economic environment.