The aim of the Zone Fund is to collect funds which constitute income from a part of income tax on income from business activities conducted within special economic zones.
Payments to the Fund's account come from income from corporate or personal income tax and are made by tax offices competent for taxpayers in a given economic zone.
The Fund's resources will be used to support new investments in connection with the establishment or expansion of the taxpayer's enterprise, as well as with the commencement of activities in the enterprise involving fundamental changes in production or production process.
The legal basis for the functioning of the Zone Fund is the Act of 2 October 2003 amending the Act on special economic zones and certain acts (Journal of Laws No. 188, item 1840, as further amended), the Regulation of the Council of Ministers of 22 February 2005 on the transfer and settlement of income tax revenues to the account of the Zone Fund (Journal of Laws of 2013, item 734) and the Regulation of the Council of Ministers of 21 March 2006 on granting support for new investments from the Zone Fund (Journal of Laws No. 59, item 409, as further amended).
The fund, in accordance with the provisions of the Act, will operate until 2023.