Last minute changes in connection with the COVID-19 aws Investment bonus
In order to support the Austrian economy in times of Corona crisis the federal government has created a support program in the form of the aws investment bonus (“Investitionsprämie”). The investment bonus is intended to create an incentive for corporate investments. Thus it makes significant contributions to securing business locations, creating new jobs and strengthening the international competitiveness of Austria as a business location.
Currently the government plans to extend the deadline for setting „first measures“, the implementation period for investments as well as the deadline for the final settlement vis-à-vis the Austrian Wirtschaftsservice (aws). Changes should affect already processed as well as future applications.
von Christoph Puchner und Katharina Geweßler