Dentons assists a multinational technology company in a greenfield investment project in Poland involving the development of a hybrid Research and Development Center as part of a plant manufacturing innovative technologies and products for the automotive industry. The Firm’s Subsidies, Incentives and Innovations team in Warsaw provided the client with legal, tax and financial advisory aimed at devising a strategy for the procurement of a comprehensive range of non-commercial financing for the project.

The Research and Development Center, with an expected total cost of over PLN 73 million, will new-generation automotive infotainment systems. It is part of a larger investment into a new production facility, which will be partially financed by an EU subsidy, procured – on behalf of the client – by Dentons. The team also successfully represented the concern in applying for a PLN 237 million tax incentive from the Polish Investment Zone (a support instrument for companies planning new investments in the country). Furthermore, Dentons advised on the procurement of a grant of up to PLN 25 million to develop an innovative manufacturing process. Based on the Dentons’ review of the investment support tools and mechanisms, such as cash grants and tax breaks for R&D projects, as well as corporate income tax exemptions available across multiple Central and Eastern European countries, the client decided on a final location for the investment in Poland.

Partner Michał Turczyk headed the team, which included Michał Bernat (managing counsel) and Aleksandra Przedpełska (project manager).

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