On 26 July 2017, the Communiqué on State Incentives has been amended to include license-exempt electiricty generation investments in Annex-4 of the Communiqué, which lists the sectors and investments which are eligible to receive the incentive certificates from local authorities in addition to the Ministry of Economy. As a result of this amendment, in order to benefit from state incentives, such as exemptions from certain taxes and the social security premium support, license-exempt electricty generation projects do no longer need to apply to the Ministry of Economy but they can obtain incentive certificates from the local authorities as well. This amendment is expected to facilitate and shorten the process for license-exempt electricity generation projects to obtain incentive certificates.
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