CASE STUDY
Read more about our collaboration with a young team of IT professionals and innovators in the video game industry.
The client was a rapidly growing company that needed assistance in researching and achieving optimal financing options for development and obtaining tax incentives. The investment amounted to 5.3 million HRK. The client’s team did not have the capacity to research available support options for entrepreneurs, so they decided to turn to us for help.
Before formalizing the collaboration, we gathered as much specific information about the development plans as possible. After conducting research on financing options and tax incentives and determining the real potential for application, we agreed on the terms of collaboration and started intensive work on the project.
We interpreted the provisions of the Investment Promotion Act to the client, provided opinions, warned of possible risks, reminded them of deadlines, and communicated with the Ministry of Economy. The entire process of preparing documentation took one month, and the approval process took two months. After approval and obtaining the relief holder status, support for annual reporting to the Ministry of Economy was agreed upon, including the preparation of documentation and necessary supplements for a minimum of 3 years.
Collaboration goals
Ensure support for the further development of their video game and capacity increase
Results achieved
Realized the right to use tax relief on profits
Type of service
Researching available support options
Preparation of the application for tax incentives
Support in reporting to the Ministry of Economy