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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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