Law No. 10.640 providing for the Rio Grande do Norte Industrial Development Incentive Programme (PROEDI). Country/Territory Brazil Territorial subdivision Rio Grande do Norte Document type Legislation Date 2019 Source FAO, FAOLEX Subject General Keyword Business/industry/corporations Tax/levy Sustainable development Geographical area Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic Entry into force notes This Law enters into force on the date of its publication. Abstract This Law provides for the Rio Grande do Norte Industrial Development Incentive Programme (PROEDI). This Programme aims at promoting the development of industrial activity in the State of Rio Grande do Norte, through credits for Taxes on Transactions related to Circulation of Goods and on Interstate and Intermunicipal Transport and Communication Services (ICMS). The criteria for determining these credit percentages will be established in a regulation of this Law, considering aspects such as: I - location of companies; II - classification in industrial segments; III - generation of jobs; IV - monthly billing; V - acquisition of raw material in this State to be used in the production process; VI - investment, etc. Full text Portuguese Website www.normasbrasil.com.br