The Competition Council formulated 12 of the 13 regulations needed for implementing the Law on State Assistance that comes into force on August 16, Ion Maxim, a member of the board of the Competition Council, has told IPN. Among them are the regulations on state assistance for research, development, and innovation; for training employees and creating new workplaces; for the foundation of companies by women entrepreneurs. These and other regulations will be discussed in the August 7 meeting of the working group for regulating entrepreneurial activity.
Ion Maxim said that under the Law on State Assistance, all the kinds of support provided by the state to recipients will be included in a register. The recipients are legal entities or private individuals involved in economic, services and goods provision activities. “We initiated the inventorying of all the kinds of state assistance offered before the coming into force of the law, regardless of the form – money, tax concessions, preferential loans, etc. The process will last for 12 months. There will be examined every case apart. The law is not retroactive in character and will not apply to the state assistance provided before the coming into force of the law,” he stated.
The Law on State Assistance defines the legal framework concerning the methods of authorizing, monitoring and reporting state support in all the sectors of the economy, except agriculture. It aims to maintain a normal competition environment.
