(Cultural Investments and Initiatives Incentive Law)
This law aims to promote the fulfillment of individual and societal cultural needs, conservation of cultural assets and intangible heritage, and sustainable integration of culture into society. It seeks to activate cultural communication and interaction, facilitate access to artistic and cultural values, and encourage the construction and operation of cultural centers. The law covers the encouragement, certification, and oversight of domestic and foreign entities’ investments or ventures specifically related to cultural endeavours. It includes incentives for the construction, maintenance, and operation of cultural centers, libraries, museums, art galleries, and spaces for artistic events and productions, as well as the utilization of cultural assets for cultural research, education, and promotion.
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