Exemptions on municipal taxes, benefits in the use of electric energy, promotion of local employment, and facilities for establishment in the Industrial Park are some of the tools implemented.
Through an ordinance, the Municipality of Concordia adhered to the Incentive Regime for Large Investments (RIGI) and the Incentive Regime for New Investments (RINI). Furthermore, an Industrial Promotion Regime was established through the adoption of measures that foster the competitiveness of the local territory, new economic and industrial activities, and the consolidation, modernization, expansion, and relocation of existing ones.
Regarding the adherence to RIGI and RINI, the objective is to favor the establishment of new investments in the city, accessing exemptions on Administrative Procedure municipal taxes, Construction and Registration Rights, and the Commercial municipal tax.
All natural and legal persons in the industrial sector, cargo transport linked to industrial activity, tourism, and cultural industry that carry out new investments, whether in the installation of a new production unit or the expansion of an existing one, may be beneficiaries of this regime.
Taxpayers may adhere to one or both regimes, and the application of the benefits will be carried out according to the conditions and procedures established in the ordinance. The Municipal Executive Department will determine the activities of the sectors in order to be able to incorporate other sectors of the local economy it deems pertinent, as well as to establish reinvestment objectives for new investments.
BENEFITS
Beneficiaries will be able to access the exemptions established in the following municipal tributes:
Administrative Procedure municipal taxes: the foreseen exemption will be one hundred percent (100%) on the municipal taxes that must be paid for the various administrative procedures related to the start-up of the project, such as, for example, the municipal tax of the Bromatology Directorate, General Inspection, and any other procedure required for that purpose.
Construction and Registration Rights: the foreseen exemption will be one hundred percent (100%) on construction and title registration rights.
Commercial municipal tax: they will enjoy a one hundred percent (100%) tax relief for the payment of the Commercial municipal tax for a term of thirty-six (36) months, corresponding to the first 36 immediate advances following the start of activities. Said term may be extended by the Municipal Executive Department for twelve months depending on the characteristics of the project.
LOCAL EMPLOYMENT, SINGLE WINDOW
Those interested in accessing this regime must hire, without exception, local labor, except for exceptions regulated by the Municipal Executive Department.
Also, they may have access to a fast-track procedure that will allow for the completion of registration with municipal control agencies: Inspection Directorate, General Revenue Directorate, Bromatology, Traffic and Transport Directorate, Private Works Directorate, and the area that corresponds depending on the characteristics of the project.
In addition, beneficiaries will be able to access, in accordance with the conditions established in the regulations to be issued: Priority in State contracts; support in staff training and in the incorporation of personnel through the Employment Office.
INDUSTRIAL PROMOTION REGIME
On the other hand, the Deliberative Council approved an industrial promotion regime through the adoption of measures that foster the competitiveness of the local territory, of new economic and industrial activities, and of consolidation, modernization, expansion, and relocation of existing ones within the urban area of the Mixed Administration Entity of the Industrial Park (EMAPI).
The benefits that those who comply with what is established will access are the following:
Exemption from the Commercial municipal tax or the one that replaces it, for a period of ten (10) years from the start of the activities of the promoted project, according to the following scheme: 100% exemption for the first 5 years; 85% exemption the sixth year; 55% exemption the seventh year; 40% exemption the eighth year; 25% exemption the ninth year; 10% exemption the tenth year.
100% exemption from construction rights.
Exemption from the Public Lighting municipal tax, during the period of subsistence of activities, of the establishment located in the Industrial Park.
Recovery of 50% of the total billing for electric energy for companies established, and to be established, in the Industrial Park, with a maximum consumption cap of 7000 KW per monthly invoice.
Likewise, industrial establishments that are established for the first time will have the possibility of requesting an extension of the tax benefits for a period of up to five (5) years, depending on the investments they make in machinery, built surfaces, and/or personnel.
In addition, the Municipality, through EMAPI, will provide support to companies for carrying out procedures before Provincial and National State agencies and sponsorship for companies in participating in regional industrial exhibitions.
It is worth mentioning that the park's regulations were recently updated with the aim of providing greater legal certainty, optimizing services, and incentivizing new industrial establishments. In this sense, interested companies can access financing for the purchase of land available within the premises.
Through an ordinance, the Municipality of Concordia adhered to the Incentive Regime for Large Investments (RIGI) and the Incentive Regime for New Investments (RINI). Furthermore, an Industrial Promotion Regime was established through the adoption of measures that foster the competitiveness of the local territory, new economic and industrial activities, and the consolidation, modernization, expansion, and relocation of existing ones.
Regarding the adherence to RIGI and RINI, the objective is to favor the establishment of new investments in the city, accessing exemptions on Administrative Procedure municipal taxes, Construction and Registration Rights, and the Commercial municipal tax.
All natural and legal persons in the industrial sector, cargo transport linked to industrial activity, tourism, and cultural industry that carry out new investments, whether in the installation of a new production unit or the expansion of an existing one, may be beneficiaries of this regime.
Taxpayers may adhere to one or both regimes, and the application of the benefits will be carried out according to the conditions and procedures established in the ordinance. The Municipal Executive Department will determine the activities of the sectors in order to be able to incorporate other sectors of the local economy it deems pertinent, as well as to establish reinvestment objectives for new investments.
BENEFITS
Beneficiaries will be able to access the exemptions established in the following municipal tributes:
Administrative Procedure municipal taxes: the foreseen exemption will be one hundred percent (100%) on the municipal taxes that must be paid for the various administrative procedures related to the start-up of the project, such as, for example, the municipal tax of the Bromatology Directorate, General Inspection, and any other procedure required for that purpose.
Construction and Registration Rights: the foreseen exemption will be one hundred percent (100%) on construction and title registration rights.
Commercial municipal tax: they will enjoy a one hundred percent (100%) tax relief for the payment of the Commercial municipal tax for a term of thirty-six (36) months, corresponding to the first 36 immediate advances following the start of activities. Said term may be extended by the Municipal Executive Department for twelve months depending on the characteristics of the project.
LOCAL EMPLOYMENT, SINGLE WINDOW
Those interested in accessing this regime must hire, without exception, local labor, except for exceptions regulated by the Municipal Executive Department.
Also, they may have access to a fast-track procedure that will allow for the completion of registration with municipal control agencies: Inspection Directorate, General Revenue Directorate, Bromatology, Traffic and Transport Directorate, Private Works Directorate, and the area that corresponds depending on the characteristics of the project.
In addition, beneficiaries will be able to access, in accordance with the conditions established in the regulations to be issued: Priority in State contracts; support in staff training and in the incorporation of personnel through the Employment Office.
INDUSTRIAL PROMOTION REGIME
On the other hand, the Deliberative Council approved an industrial promotion regime through the adoption of measures that foster the competitiveness of the local territory, of new economic and industrial activities, and of consolidation, modernization, expansion, and relocation of existing ones within the urban area of the Mixed Administration Entity of the Industrial Park (EMAPI).
The benefits that those who comply with what is established will access are the following:
Exemption from the Commercial municipal tax or the one that replaces it, for a period of ten (10) years from the start of the activities of the promoted project, according to the following scheme: 100% exemption for the first 5 years; 85% exemption the sixth year; 55% exemption the seventh year; 40% exemption the eighth year; 25% exemption the ninth year; 10% exemption the tenth year.
100% exemption from construction rights.
Exemption from the Public Lighting municipal tax, during the period of subsistence of activities, of the establishment located in the Industrial Park.
Recovery of 50% of the total billing for electric energy for companies established, and to be established, in the Industrial Park, with a maximum consumption cap of 7000 KW per monthly invoice.
Likewise, industrial establishments that are established for the first time will have the possibility of requesting an extension of the tax benefits for a period of up to five (5) years, depending on the investments they make in machinery, built surfaces, and/or personnel.
In addition, the Municipality, through EMAPI, will provide support to companies for carrying out procedures before Provincial and National State agencies and sponsorship for companies in participating in regional industrial exhibitions.
It is worth mentioning that the park's regulations were recently updated with the aim of providing greater legal certainty, optimizing services, and incentivizing new industrial establishments. In this sense, interested companies can access financing for the purchase of land available within the premises.