Qualification Agreement

 The Ministry of Economy thoroughly examines the investor's application and supporting documentation to ensure they meet the eligibility criteria specified in the law. 

 Upon successful verification, the Ministry of Economy determines the specific incentives applicable to the investor based on their proposed activities and business plan. The agreement explicitly states the incentives the investor is entitled to receive. 

 The Qualification Agreement outlines the obligations and commitments that the investor must fulfill to maintain eligibility for the incentives. This may include requirements such as job creation, investment levels, technology transfer, and compliance with relevant regulations. 

 The Ministry of Economy monitors the investor's compliance with the obligations specified in the agreement. Regular assessments and reporting may be required to ensure ongoing eligibility for the incentives. 

 The Qualification Agreement has a specific duration, typically aligned with the incentive period specified in the law (e.g., 15 years). The agreement may be subject to renewal or extension upon satisfying certain conditions outlined in the law and related regulations. 

 By obtaining a Qualification Agreement, investors gain legal assurance and clarity regarding their eligibility for the incentives provided by the law. It fosters transparency and promotes a secure investment environment by establishing a formal agreement between the investor and the government. The agreement also emphasizes the importance of fulfilling obligations to continue benefiting from the incentives throughout the agreed-upon period.