For some time now the Government has been working on the implementation of the Incentive Regime for Large Investments (RIGI), a productive investment regime with accelerated amortization aimed especially at SMEs.
The SMEs that enter the RIGI They will be able to access benefits such as:
- VAT reduction
- Increased competitiveness
- Improves productive efficiency
The benefits of RIGI will be directly related to the investment percentages according to the project presented, which means that the SMEs They will be able to obtain benefits proportional to their investment.
On the other hand, SMEs will be able to compete on equal terms with large companies, for which they will have to make investments in equipment modernization, although for much lower amounts.
This is going to be of utmost importance, especially for the steel sector with investment projects in capital goods, technology and automation, applied to production.
But when implementing this regime, it is crucial that SMEs consider the following points:
– Take advantage of tax benefits: SMEs adhering to the RIGI will be able to compute 100% of the amounts paid and/or received as tax on debits and credits in bank accounts as an income tax credit.
– Access credits at subsidized rates: Work is underway on a bill that includes loans at subsidized rates for SMEs.
– Reduce employer burdens: The new law also contemplates the reduction of employer charges for SMEs
– Invest in domestically manufactured capital goods: It is advisable that SMEs consider investing in domestically manufactured capital goods, as the government is seeking to encourage local industry.
– Seek specialized advice: Due to the complexity of RIGI, it is important to seek specialist advice to understand how to make the most of the benefits.
And most importantly, the RIGI for SMEs can have a significant impact on the economy, promoting investment and growth in the sector, generating employment and development opportunities, and contributing to economic growth.
The benefits of correct advice
He RIGI for SMEs It is a valuable opportunity to boost your growth, so it is important to educate yourself and prepare to take full advantage of the benefits.
There are 4 key aspects that SMEs should consider:
– Regulations verification: It is essential to know the regulations for the entry and exit of goods in different countries, including taxes, permits and quality controls ¹.
– Market analysis: SMEs must evaluate the demand for their products in the international market and adapt to the preferences and needs of foreign consumers
– Cultural and product adaptations: It is important to consider cultural and preference differences in international markets to avoid problems with product acceptance.
– Costs and logistics: SMEs must calculate the costs of transportation, taxes and customs agents to guarantee efficient distribution of their merchandise
General Director of Jidoka, a Logistics and Foreign Trade services company.
Source: Ambito
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