Individual - Other tax credits and incentives

Last reviewed - 29 July 2020

Tax incentives for hiring new employees who fulfil certain conditions:

− For salaries paid to newly settled experts hired for an indefinite period, who have specific expertise not available on the domestic labour market, employers can benefit from a 70% reduction in personal income tax and contribution base reduction in the period of five years (under certain conditions);

− Founders of a newly established company performing an innovative activity, who are also employed with the company, can benefit from an exemption from personal income tax and social security contributions applicable on their salaries (up to the prescribed thresholds) during a 36-month period from the establishment of the company;

− An employer who employs a newly qualified employee is entitled to a partial exemption from personal income tax and contributions for mandatory pension and disability insurance, for salaries paid up to 31 December 2021.