A technology centre is a place in which the beneficiary performs development or innovation of technically advanced products, Technologies or manufacturing processes, whereas the development or innovation does not include usual or regular adjustments of products, manufacturing lines and processes, existing services and other operations even if those would mean and upgrade. The manufacturing process cannot be considered as the activity of a technology center.
© 2017 PwC. © 2017-2018 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.