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  The Krakow Technology Park was established in 1998 as a special economic zone, which means greenfield investments somewhere on its 122.35 hectares carry considerable tax exemptions. Thus, capital expenditures above two million euros used to entail zero income tax over the first six years and 50% reduction thereafter till 2009. At the same time, investments under 2,000,000 euros warrant income tax exemptions matching expenditures. There are also other incentives such as bigger depreciation write-offs. 

The Krakow Technology Park is meant to become the city’s high-tech powerhouse providing industrial base for Krakow’s fifteen higher education institutions and over 140 research centers. So, generally welcome are investments pertaining to IT, electronics, communications, software and hardware, material engineering, biotech, genetics, etc.

The Krakow Technology Park consists of four separate areas: the 36-hectare Jagiellonian University Technology Park, the 30-hectare Technology Park of the Krakow University of Technology, the 35-hectare Sendzimir Steelworks Technology Park, and the youngest 21-hectare Tarnow Industrial Cluster. The first three are situated in various corners of Krakow itself, whereas the last one has its location in the city of Tarnow some 90 kilometers east of Krakow. 

The entire Krakow special economic zone is supervised by the Krakow Centre for Advanced Technologies (KCAT), a limited liability company with Poland’s government and Krakow’s municipality as its shareholders alongside the Krakow University of Technology, the Jagiellonian University, the University of Mining and Metallurgy and the Sendzimir Steelworks. The managing company negotiates deals with investors and issues permits for business within the boundaries of the Krakow Technology Park. The permits are necessary to get tax exemptions and can be secured either through bidding or in negotiations. 

Contact: 
Centrum Zaawansowanych Technologii - Kraków Sp. z o.o.
Al. Jana Pawla II 37, 31-864 Krakow, Poland.  
http://www.sse.krakow.pl

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