Subsidies are non-repayable funds provided by the national or local government to businesses in order to achieve policy objectives. They can be used for various initiatives such as launching new businesses, capital investment, developing new markets, and digital transformation.
However, subsidies have application periods, and the application process requires professionally prepared business plans. Applications must be filed and executed in compliance with the Act on Regulation of Execution of Budget Pertaining to Subsidies, etc. (Subsidy Rationalization Act, Act No. 179 of 1955).


