Information communicated by the EFTA States regarding State aid granted under the Act referred to in point 1j of Annex XV of the EEA Agreement (Commission Regulation (EC) No 800/2008 declaring certain categories of aid compatible with the common market in application of Articles 87 and 88 of the Treaty (General Block Exemption Regulation))
Date: 2011-03-17
Institutions: European Commission
Subjects: Iceland, State aid, control of State aid, financial aid








C_2011083EN.01000801.xml










17.3.2011   


EN


Official Journal of the European Union


C 83/8





Information communicated by the EFTA States regarding State aid granted under the Act referred to in point 1j of Annex XV of the EEA Agreement (Commission Regulation (EC) No 800/2008 declaring certain categories of aid compatible with the common market in application of Articles 87 and 88 of the Treaty (General Block Exemption Regulation))
2011/C 83/08
PART I








Aid No


GBER 9/10/R&D ENV




Member State


Iceland




Granting authority


Name


Ministry of Industry




Address







Arnarhvoli




150 Reykjavík




ICELAND








Webpage


http://www.idnadarraduneyti.is/




Title of the aid measure


General investment incentives as laid down in chapter IV of Act No 99/2010




National legal basis (Reference to the relevant national official publication)


Act No 99/2010 on incentives for initial investment in Iceland. Published in Stjornartidindi at:
http://www.stjornartidindi.is/Advert.aspx?ID=f89074eb-cbc6-427b-bfcb-09e7487cf988




Web link to the full text of the aid measure


Full text of the Act is at:
http://www.althingi.is/altext/stjt/2010.099.html
and
http://www.stjornartidindi.is/Advert.aspx?ID=f89074eb-cbc6-427b-bfcb-09e7487cf988




Type of measure


Scheme


Yes




Duration


Scheme


13.10.2010 to 31.12.2013




Date of granting


Ad hoc aid


n/a




Economic sector(s) concerned


All economic sectors eligible to receive aid


All except undertakings excluded by Article 2(3) of Act No 99/2010 (financial undertakings)




Type of beneficiary


SME


Yes




Large enterprises


Yes




Budget


Annual overall amount of the budget planned under the scheme


No current budget available for the scheme — no estimation available




Aid instrument (Article 5)


Grant


Subject to Budget authorisation




Fiscal measure


Tax derogations available as laid down in Article 9 of Act No 99/2010







PART II









General objectives


Objectives


Maximum aid intensity in % or Maximum aid amount in national currency


SME-bonuses in %




SME investment and employment aid
(Article 15)


Reference made to Article 13 of Act No 99/2010


10 % for medium sized firm


+ 10 % for small sized




Aid for Environmental protection
(Articles 17-25)


Investment aid enabling undertakings to go beyond Community standards for environmental protection or increase the level of environmental protection in the absence of Community standards (Article 18)
Please provide a specific reference to the relevant standard


35 %


0 %




Aid for the acquisition of new transport vehicles which go beyond Community standards or which increase the level of environmental protection in the absence of Community standards (Article 19)


35 %


0 %




Aid for early adaptation to future Community standards for SMEs (Article 20)


15 %


+ 10 %




Environmental investment aid for energy saving measures (Article 21)


35 %


0 %




Environmental investment aid for high efficiency cogeneration (Article 22)


35 %


0 %




Environmental investment aid for the promotion of energy from renewable energy sources (Article 23)


35 %


0 %




Aid for environmental studies (Article 24)


35 %


0 %




Aid in the form of reductions in environmental taxes (Article 25)


 


 




Aid for research, development and innovation
(Articles 30-37)


Aid for research and development projects (Article 31)


Fundamental research
(Article 31(2)(a))


35 %


0 %




Industrial research
(Article 31(2)(b))


35 %


0 %




Experimental development
(Article 31(2)(c))


25 %


+ 10 %




Aid for technical feasibility studies (Article 32)


35 %


0 %




Aid for industrial property rights costs for SMEs (Article 33)


35 %


0 %




Aid for research and development in the agricultural and fisheries sectors (Article 34)


35 %


0 %




Aid to young innovative enterprises (Article 35)


15 %


 




Aid for innovation advisory services and for innovation support services (Article 36)


35 %


 




Aid for the loan of highly qualified personnel (Article 37)


35 %


0 %




Training aid
(Articles 38-39)


Specific training (Article 38(1))


25 %


+ 10 %




General training Article 38(2))


35 %


0 %