02/06/2016 07h38 - Updated 3/06/2016 10h09

Temer minister comes to Manaus handle on Free Trade Zone

Marcos Pereira will participate in the hearing in Aleam on red tape, administrative and legal related ZFM.
Photo: reproduction

The Development Minister, Industry and Commerce (MDIC), Marcos Pereira (PRB), through its advisory office, confirmed visit to Manaus next day 10 June and presence at a public hearing in the Legislative Assembly of the State of Amazonas (Alea) to discuss the bureaucratic obstacles, administrative and legal related to the Manaus Free Trade Zone. The invitation to the hearing on ALEAM was made by Dermilson Chagas Members (PEN) and Carlos Alberto (PRB).

Dermilson said that the coming of the minister to Manaus at the beginning of its management is important to discuss issues that represent bottlenecks to the development of actions that increase or maintain jobs in the Manaus Free Zone. Like for example, the procedures for Basic Productive Process (PPB) that are shelved in the MDIC are unlocked.

The visit of Minister, arriving in Manaus on 9, It was confirmed by the head office of the ministry. The minister will participate in the special session 10 hours, the Legislative Assembly of the State of Amazonas.

The PPB was defined by Law No. 8.387/91 and establishes a minimum set of production steps that factories must meet to produce a product, It is a counterpart to the tax benefits established by law to industries. Incentives are guaranteed by the legislation of the Manaus Free Trade Zone and the legislation to encourage computer goods industry, telecommunications and automation.

benefits
The current tax policy in the Manaus Free Trade Zone provides benefits and exemptions to industries. Federal taxes, companies benefit from the reduction of up to 88% Import Tax (Î.I.) on inputs for industrialization; exemption from Excise Tax (I.P.I.); reduction of 75% the Corporate Income Tax, including additional projects classified as priority for regional development, calculated based on exploration profit up 2013; and exemption of PIS / PASEP and Cofins in internal operations in the Manaus Free Trade Zone.

Regarding state taxes, there is a partial or full refund, varying 55% a 100% the Tax on the Circulation of Goods and Transportation on Service Delivery Interstate and Intermunicipal and Communication (ICMS).

Suframa also guarantees the investor, land at a symbolic price, with abstraction and treatment of water infrastructure, urbanized road system, water supply network, telecommunication network, network of sewage and storm water drainage, according to the institution site.

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