New tax incentives for companies and individual entrepreneurs introduced

Presidential Decree No. 6, published on 7 May 2012, introduced a number of tax incentives for companies and individual entrepreneurs operating in rural areas and small and medium-sized municipalities. The Decree will enter into force on 1 July 2012.
Under the new incentives, exemptions from the following will be available for these entities:
| - | corporate and individual income tax from sales of self-produced goods and services; | |
| - | other taxes (excluding VAT, … |