If you plan to obtain investment funding or your business requires operational financing, it is worth preparing to accept State aid. Or maybe you are on the other side – are you planning to provide funding? In both cases, you must prepare appropriately from the legal, financial and accounting perspective.
The key issue is to check whether the planned support will constitute the State aid. Since, as a matter of principle, granting State aid is prohibited by law (and it can be allowed upon meeting certain criteria), it is necessary to define the conditions of allowance. The next element is the preparation and implementation of appropriate procedures enabling the legal introduction of a given benefit.
Quite direct. If you do not find a legal basis for granting the State aid, the subsidy will be inconsistent with the legal framework and introducing it into the budget may result in a negative opinion from the supervisory authorities.
Maciej Fornalczyk and his team can support you in this respect and prepare you for effective State aid risk management.