Development Law 3299/2004: Until 1/4/2024 applications for certification of the completion and start of operation of the investment projects
The businesses that have joined the Development have until April 1, 2024 Law 3299/2004 to submit an application for the certification of the completion and start of production of their investment projects. If the deadline elapses, then the affiliation decisions are automatically revoked, with the exception of the cases in which state aid had been paid and for which the issuance of an administrative act is required.
This is provided for in a legislative provision that will be brought to Parliament by the Ministry of Development.
In the same provision it will also be provided that until April 1, 2024, documents of expenses and payments for the investment project can be issued and carried out all actions for the fulfillment of the conditions and conditions of the determination of the completion of the investment.
The same deadline for completion is also provided for investment projects which have been granted an extension due to force majeure and the granted extension has expired before April 1, 2024.
With the promoted regulation, the investment projects formerly under the responsibility of the General Secretariat of Industry, for which the current provisions provide for a minimum cost of affiliation to Law 3299/2004 can be completed without filling this condition, as long as the integrated nature of the investment is maintained.
In addition to the investment projects that have been subject to the aid regimes of Law 4399/2016, the possibility of an additional extension of the implementation time by 6 months is provided in order to certify the costs of supported costs up to the rate of 50%.