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Topic: Business
Number of pages / Number of words: 7 / 1947
Essay's paper body

Investments involving new permanent establishments automatically fulfill the criteria for special commitments

- The proportion of the total investment eligible for funding under the Joint Agreement depends on the number of jobs the project will create or secure

- All assets eligible for funding must be recorded as fixed or intangible assets in the investor's balance sheet

- Only new assets are funded under the Joint Agreement; used assets may not be included for funding...


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If used assets are replaced with new ones in the course of the planned investment, revenue resulting from the sale has to be deducted from the investment sum applied for to acquire new assets.

Investments in eastern Germany receive grants of 50% available to SME's (small and mid-size companies ? defined by the EU as having fewer than 250 employees, a maximum turnover of 40 million Euro, or a balance sheet total of no more than 27 million Euro); larger firms receive grants of 35% of investment costs...


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