Banja Luka: The Decree on the procedure for granting incentives for direct investments was adopted

The Government of the Republic of Srpska has passed a Decree on the procedure for granting incentives for direct investments. This Decree regulates the subjects of direct investment projects, documents for proving the fulfillment of conditions for exercising the right to incentives, criteria for evaluation of applications and other issues of importance for the procedure of granting incentives for direct investments.

The aim of granting incentives for direct investments is to support the implementation of projects of economic entities for the purpose of: application of new technology and improvement of technological production processes, improving competitiveness of producers, employment support, support to economic entities in difficult business conditions caused by coronavirus and encouraging balanced regional development.

Incentives are awarded with the aim of supporting economic entities in difficult business conditions caused by the corona virus.

The budget of the Ministry of Economy and Entrepreneurship for 2021 plans funds for the allocation of incentives in the amount of 4 000 000 KM, and a public call will be announced in the next 15 days.