The General Secretariat for Private Investments at the Ministry of Development has achieved its highest performance to date in issuing tax exemption decisions. The processing of all applications submitted by investors for the current tax filing period was completed on time.
Unprecedented Scale of Support
According to the Ministry of Development, tax exemption decisions exceeding €134 million have been issued for 90 investment projects in manufacturing and tourism. These exemptions fall under the 2016 and 2022 Investment Laws and cover 100% of eligible applications received.
A New Benchmark
This figure marks a historic high — nearly five times higher than the €29 million approved in 2025, which had previously been the largest annual total. In earlier years, tax exemptions ranged between €20 million and €25 million annually.
Notably, the number of exemption decisions issued is also the highest ever recorded. This outcome reflects the systematic, methodical work of the General Secretariat for Private Investments and its staff, who responded with consistency and speed to an exceptionally large and complex workload.