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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