Companies that are located in Greece and serve their parent company abroad, as well as Greek companies, can receive a subsidy.
Branches included in the following areas of activity, are strengthened:
Industry | Minimum number of new recruitments for companies that serve exclusively intra-group transactions | Minimum number of new recruitments for companies that serve third parties |
research and development, software development, computer programming and computer systems support, | 30 persons | 150 persons |
advisory, central accounting support,quality control of production, process products and services,preparation of studies, plans and contracts,advertising and marketing,data processing,receiving and providing information,storage and management of files and information,management of suppliers, customers and supply chain not including the execution of transports by own means,management and training of human resources, | 50 persons | |
call center and computer-based call center activities | 100 persons |
Note: Companies that also serve third parties should develop new activity that is not carried out in Greece in the last two years by the same or other companies of the group to which they belong, and create at least 150 new full-time permanent positions.
Expenditure that could be subsidized:
Companies that are established in Greece in order to provide services either intra-group (to parent companies abroad) or to third parties (parent companies abroad or affiliated or to Greek companies), may receive, cumulatively or alternatively, aid in the following categories of costs:
Aid for installation of information and communication systems
Expenses eligible for aid are:
The aid intensity is up to fifty percent (50%) of the eligible costs which may not exceed a total of € 400,000.
The aid consists of a subsidy on wage costs and subsidize the cost of purchasing the hardware and software.
The aid granted in this category, cannot exceed two hundred thousand (200.000) euros over a period of three (3) financial years.
Aid for the recruitment of disadvantaged and disabled workers.
Eligible for support costs are the wage costs over a maximum period of twelve (12) months of the employee recruitment, who:
Recruitment should serve the new activity and lead to an increase in the number of employees of the enterprise concerned in relation to the average of the 12 months.
The aid consists of a subsidy of wage costs by providing a sum of money to cover part of it and the aid rate is 50% of eligible expenses paid. The company may not receive for the same workers any other aid on the salary costs of the period of the first twelve (12) months from the recruitment of each.
The company may receive assistance for up to 100 employees and eligible costs for each employee is the salary cost, for a period of up to twelve (12) months from hiring and up to the amount of 35,000 euros for 12 months of employment, and in total up to the amount of 3.500.000 euros.
Aid for vocational training programs
The aid is granted for programs organized by the legal person for the training of staff in relation to the new activity.
The following costs of vocational training programs are eligible for aid, up to the total amount of 3.000.000 euros:
Aid for research and development projects. (To be announced soon)
This category of aid is granted to companies falling within the scope of this Law for the purpose of providing research and development services. The aided part of the research and development project shall completely fall within one of the following categories as they are defined in the above Regulation: industrial research, experimental development, feasibility studies.
The research and development expenditure eligible for aid relates to a specific category of research and development and is as follows:
VK PREMIUM Business Consultants has the experience and knowledge to assist you in preparing your business plans or subsidizing your business under the program of intra-group services of Law 3427/2005.