EIA stands for Energy Investment Deduction . This is a tax scheme in the Netherlands that encourages companies to invest in energy-saving and sustainable technologies. The goal of the EIA is to financially support companies in making their operations more sustainable by offering a tax benefit for investments in energy-saving technologies and renewable energy sources.
The EIA allows companies to deduct a certain percentage of their investment costs from their taxable profit, reducing their tax liability. This can significantly reduce the investment's cost. The deductible percentage can vary annually, depending on the scheme.
For an investment to qualify for the EIA, the technology or equipment must meet certain requirements, such as promoting energy efficiency or using sustainable energy. The scheme applies to a wide range of investments, such as:
- Energy-efficient machines and equipment.
- Heat recovery systems.
- Sustainable lighting, such as LED lighting.
- Installations for generating solar or wind energy.
Companies can submit an application via the website of the Netherlands Enterprise Agency (RVO.nl) and must meet the conditions set for the scheme.