Michał Turczyk will be responsible for developing the Firm's services related to grants, R&D incentives, innovation and foreign investment advisory. “Our clients can now benefit from Michał's support in relation to investment relief, incentive schemes and comprehensive foreign investor services. His services complement our existing offering,” says partner Karina Furga-Dąbrowska, Co-head of Dentons’ Tax team in Poland.
“Michał has advised on projects worth in total more than €2 billion. His experience will allow us to offer our clients unique support for their business investment projects in Poland,” says partner Cezary Przygodzki, Co-head of Dentons’ Tax team in Poland.
Michał Turczyk was associated with Deloitte for more than nine years, most recently as head of the Innovation and Investment Incentives team. He has more than 12 years of experience consulting on foreign direct investment in Poland and Central Europe, investment incentives and tax relief, as well as innovation and state aid, which he amassed while working for Deloitte, Accreo Taxand and EY.
He specializes in the funding of investment and R&D activities, including from non-commercial sources such as EU funds, government grants, tax relief and others. He is also knowledgeable in the use of Special Economic Zones. He assists clients in all industries, with a focus on the manufacturing, food processing, energy, new technologies, and outsourcing sectors. He supports major multinationals in developing investment strategies, selecting sites, managing the investment process as well as developing innovative activities in Poland. His practice includes negotiations with central and local government administration and investment support agencies. He has experience in state aid notifications to the European Commission and representation before the Court of Justice of the European Union.
“Businesses operating in Poland have an exceptional opportunity to obtain non-commercial funding. A wide choice of tax allowances and funds is available from the Polish government and the EU, both for companies that have already completed their investment projects and for those that are currently investing,” said Dr. Michał Turczyk. “In 2018 alone, more than €2.5 billion in funding will be available from more than 100 programs. Businesses can use this money to develop their production capacity, R&D or human resources. These are the last years for businesses in Poland to take advantage of the EU’s largest ever funding stream. This is an area in which Dentons can bring clients measurable value to their business.”