Investor Presentaiton
The new administration is focused on jump-starting the economy
by attracting and promoting foreign private investment
Recent changes in the legal framework provide more flexibility on tax
incentives for investment projects underway, and introduces new tax
breaks for big-ticket construction projects and social housing:
•
Projects of great economic dimension: promotes the construction of
offices, houses and urbanizations of more than USD 6 million and at
least 10% of common use areas.
.
Social housing: Promotes the housing construction, recycling,
expansion and renovation projects, for low and middle sectors of the
population.
Fiscal benefits encompass the Income Tax on Economic Activities
(IRAE), Net Worth (IP), Value Added Tax (IVA) and fees and taxes on
imports.
Source: Comisión de Aplicación de la Ley de Inversiones (COMAP)
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