On 2 August 2012, the government proposed the new Law on Investment Promotion and Improvement of the Investment Environment (the Law). The key features are summarized below. The measures supporting investments regulated by the law relate to: -   manufacturingactivities; -   research and developmentactivities; -   businesssupportactivities; -   activities of a higher added value (e.g. design, architecture, publishing); and -   tourism Maintax incentives -   50% reduced taxable base for a period of 10 years, provided that the value of investments is up to EUR 1,000,000 and 5 new employees are hired in connection with the investment;...