Construction Incentives

  • Fiscal incentives

    Fiscal benefits apply for construction carried out in the Arts District, Audiovisual District, Design District, Sports District, and Technology District (benefits differ depending on the activity).

  • Preferential financing

    Exclusive credit lines for construction carried out in the Arts District, Audiovisual District, Design District, Sports District, and Technology District.

Industry Incentives

  • Tax credit

    Reduced taxes for producers of capital assets and farming machinery.

  • Reduced import tariff

    Reduced import tariff for capital goods

  • Reduced VAT

    Reduced value-added tax for acquired capital goods, imported or purchased locally.

  • Reimbursement of expenses

    Partial reimbursement of purchases of local inputs for the automotive industry.

  • Preferential financing

    Exclusive credit lines for the purchase of capital assets, development of infrastructure, and investments oriented at increasing productivity.

Audiovisual Incentives

  • Exemption to local turnover tax

    Firms in the Audiovisual District do not pay local turnover tax on related activities until 2021.

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Audiovisual District do not pay these taxes until 2021.

  • Preferential financing

    Exclusive credit lines for construction, and the acquisition of real estate and office equipment in the Audiovisual District and for film making.

Design Incentives

  • Exemption to local turnover tax

    Firms in the Design District do not pay local turnover tax on related activities until 2023 or 2028 (depending on the business).

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Design District do not pay these taxes until 2023 (foreign company) or 2028 (local company).

  • Preferential financing

    Exclusive credit lines for construction, and the acquisition of real estate and office equipment in the Design District.

  • Construction benefits

    Up to 25% of construction expenses in the Design District can be deducted from the local turnover tax.

Arts Incentives

  • Exemption to local turnover tax

    Firms in the Design District do not pay local turnover tax on related activities until 2022.

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Arts District do not pay these taxes until 2022.

  • Preferential financing

    Exclusive credit lines for construction, and the acquisition of real estate and office equipment in the Arts District.

  • Construction expenses deductible from local turnover tax

    Up to 25% of construction expenses in the Arts District can be deducted from the local turnover tax (35% in the case of buildings under historical heritage protection).

Technology Incentives

  • Exemption to local turnover tax

    Firms in the Technology District do not pay local turnover tax on related activities until 2019 or 2024 (depending on the business).

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Technology District do not pay these taxes until 2019 or 2024 (depending on the business).

  • Preferential financing

    Exclusive credit lines for construction, the acquisition of real estate and office equipment, financing of working capital, productivity improvement, and professional training, in the Technology District.

  • Construction expenses deductible from local turnover tax

    Construction expenses in the Technology District can be deducted from the local turnover tax.

  • Benefits on social security

    Tax credit for an amount equal to up to 70% of social security expenses, which may be used to cancel national government taxes.

  • Benefits on VAT

    Certain benefits on valued-added tax apply for related activities.

  • Benefits on income tax

    Up to 60% reduction of income tax deriving from promoted activities.

  • Subsidies to software development

    Non-reimbursable funds for the development of new products, software, and R&D.

  • Fiscal stability

    National law guarantees no increase of national tax burden until December 31, 2019.

Biotechnology Incentives

  • Exemption to local turnover tax

    Firms in the Technology District do not pay local turnover tax on related activities until 2019 or 2024 (depending on the business).

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Technology District do not pay these taxes until 2019 or 2024 (depending on the business).

  • Preferential financing

    Exclusive credit lines for construction, the acquisition of real estate and office equipment, financing of working capital, productivity improvement, and professional training, in the Technology District.

  • Construction expenses deductible from local turnover tax

    Construction expenses in the Technology District can be deducted from the local turnover tax.

  • Benefits on social security

    Tax credit for an amount equal to up to 50% of social security expenses, which may be used to cancel national government taxes.

  • Benefits on R&D

    Tax credit for an amount equal to up to 50% of R&D carried out with government science institutions.

  • Benefits on VAT

    Early return of valued-added tax on fixed assets acquired for the project.

  • Early amortization of fixed assets

    Early amortization of capital goods acquired during and prior to the commencement of the project.

Sports Incentives

  • Exemption to local turnover tax

    Firms in the Sports District do not pay local turnover tax on related activities until 2030 or 2035 (depending on the business).

  • Exemption to stamp duty, construction duty, and street services tax

    Firms in the Sports District do not pay these taxes until 2030 or 2035 (depending on the business).

  • Preferential credits

    Exclusive credit lines for construction, and the acquisition of real estate and office equipment in the Sports District.

  • Construction expenses deductible from local turnover tax

    Up to 25% of construction expenses in the Arts District can be deducted from the local turnover tax.