This new regime, brings with it the Code of Tax Benefits, which aims to provide "greater flexibility, allowing incentives to be granted in attention to specificity, characteristics, sectors and the interests of investors and the State," explained Lello Francisco, director of the Agency for Private Investment and Export Promotion (Aipex).
He explained that "the incentives provided for in this legal instrument are contained in the Code of Fiscal Benefits approved Tuesday at the meeting of the Economic Commission of the Council of Ministers.
Cited by Angop, Lello Francisco said that the tax incentives will start to be applied as soon as the House of Laws approves the Codes of Fiscal Benefits.
The document was analyzed this Wednesday at the first meeting of the Aipex Supervisory Board. On the occasion, the officials also evaluated the implementation of the Single Window for Investment.
On this matter, Lello Francisco said that the Single Window for Investment will create an instrument that will facilitate the application of investments.
"The investors that have projects approved by Aipex will no longer have to go through other public administration services to obtain the necessary services for the implementation of their projects," he explained.
The strategic plan for 2021, focused on attracting foreign direct investment was also reviewed at the meeting.
