Discover PwC tax reliefs and State aid application services
The application of tax reliefs and State aid have close connections which are not always clearly visible. As PwC professionals we have many years of experience in the areas of tax reliefs and State aid, therefore we fully understand what opportunities can be gained by the synergy of these two areas.
Considering the potential benefits of the synergy, the PwC tax and PwC Legal law firm's State aid teams now offer clients comprehensive tax reliefs and State aid advice services.
Webinar “Combining financing instruments and corporate tax reliefs: case study” (Lithuanian language)
Identification of tax reliefs and financial incentives opportunities
- Considering the specifics of your company, its economic activities and planned investments, we provide individual proposals for the plan of applying tax reliefs and financial incentives that would be most beneficial to you.
- We evaluate your company's opportunities to take advantage of specific tax reliefs and/or financial incentives.
- We represent your company's interests in communications with the responsible authorities regarding the eligibility of investment projects implemented by your company to use tax reliefs and/or financial incentives.
Application of tax reliefs and financial incentives
- We perform an analysis of your company's already implemented and/or ongoing investment projects and identify expenses that could be eligible for tax reliefs. We assess whether the tax relief, if any, was properly applied.
- We prepare your investment project applications and related documentation required to take advantage of the tax relief and/or financial incentives.
- We represent your company's interests in the application evaluation process, during which we aim to secure the highest possible funding for the implementation of your ideas.
Administration of tax reliefs and financial incentives
- We prepare an implementation plan for the project implemented by your company and advise on any project implementation issues in order to ensure the most effective use of tax reliefs and/or financial incentives.
- We prepare project implementation documentation and ensure that it meets the requirements of financial incentives and other legal acts.
- We represent the interests of your company in communication with the responsible institutions that supervise the implementation of your project.
Consultations on other issues of tax reliefs and financial incentives
- We assess the reasonableness of financial and/or other sanctions applied to your company by the responsible authorities, and present the most effective defense plan.
- We represent your company's interests in disputes with the authorities responsible for the administration of financial incentives and prepare documentation related to disputes.
- We organize trainings and/or workshop sessions for your company and your employees on the relevant topics of tax reliefs and financial incentives.
Our team
Combining many years of experience gained in the fields of State aid and European Union funding, tax reliefs and other areas regulating investment promotion, our experts offer complex services based on the one-stop shop principle for the implementation of your ideas.
Our results
Selected projects data for 2017 - 2023
Types of tax reliefs and financial incentives
- Investment project incentive
- R&D relief
- Patent box relief
- Large-scale investment project incentive
- FEZ benefit
- Filmmaking benefit
- Foreign investment promotion tool
- Other sources of funding
Investment project incentive
What is the type of benefit? Tax relief.
Who is it for? For companies investing in long-term assets.
How does it work? A company investing in long-term assets can reduce its taxable profit by deducting the costs of the acquisition of long-term assets that meet the requirements listed in The Law on Corporate Income Tax.
What is the benefit? Up to 100% reduced taxable profit over 4 tax periods.
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