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Krakow Technology Park
The Krakow Special Economic Zone a.k.a. Krakow Technology Park was established in 1998 as a 'specjalna strefa ekonomiczna' (SSE) under Poland's law, which  means greenfield investments somewhere on its 949 hectares or 2,345 acres carry considerable tax exemptions. The public aid for small firms amounts to seventy percent of their outlays and to 60 percent in the case of medium-size companies, while big corporations may get fifty percent. Both investment in fixed assets and job creation entail the massive tax relief. In practice involved businesses pay no corporate income tax (CIT) whatsoever until they recoup the total of their calculated tax relief. For now, time horizon is December 1st, 2020 when the Krakow Special Economic Zone is supposed to expire but its lifespan may yet be extended. Till 2017 the Krakow Technology Park managed to sign up 250 ventures which created 14,700 jobs.  

 

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 30 sub-zones scattered in Krakow itself as well as in the Malopolska Province and in two other provinces (voivodeships) of Poland, Wojewodztwo Podkarpackie   and Wojewodztwo Swietokrzyskie, which stretch to the east and northeast respectively. Within the city limits are the 36-hectare Jagiellonian University Technology Park, the 30-hectare Technology Park of the Krakow University of Technology, and the 35-hectare Sendzimir Steelworks Technology Park. 

The entire Krakow special economic zone is supervised by the Krakowski Park Technologiczny sp. z o.o. (Krakow Technology Park, formerly Krakow Centre for Advanced Technologies), a limited liability company with Poland’s government and Krakow’s municipality as its shareholders alongside the Krakow University of Technology, the Jagiellonian University and the AGH University of Mining and Metallurgy. 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: 
Postal Address: Krakowski Park Technologiczny sp. z o.o.

ul. Podole 60, 30-394 Krakow, Poland.

Email biuro@kpt.krakow.pl  
Website www.kpt.krakow.pl

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