Government. IncentivePrograms

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Government. IncentivePrograms"

Transcription

1 Government IncentivePrograms

2

3 Contents Introduction Competitive Strategy What PAI is? Incentive Programs Description Summary of Incentives 2015 Contact Information

4 Introduction COFEC 4 COORDINATION OF ECONOMIC PROMOTION AND COMPETITION COMPETITIVINESS TRANSPARENCY GROWTH In 2010, the State of Mexico s Economic Development Law was enacted in order to enhance economic development and encourage investment in the region. With the enactment of this law, the State Council of Economic Development and Competition (CEFEC) was created. The CEFEC s main objective is to design policy, strategies, programs, and actions to enhance investment and economic activity in the State of Mexico. CEFEC s main attribution is to design and approve the Government Incentive Programs (PAI).

5 Competitive Strategy Federal and State Economic Policies. NATIONAL DEVELOPMENT PLAN STATE DEVELOPMENT PLAN PROSPEROUS MEXICO PROGRESSIVE STATE Objective: Enhance economic growth and competition, and increase employment. Objective:Further economic competition. IMPULSE5

6 What PAI is? The Government Incentive Programs (PAI) include all fiscal and non-fiscal incentives designed by the Government of the State of Mexico to stimulate economic development and growth. The PAI s main objectives are: Attracting new investments. Strengthening local enterprises. Supporting enterprises in strategic industries. Supporting creation of new business ventures, specially Small and Medium Enterprises (MiPyMES). Enhancing economic development and competition in municipalities that have been deemed extreme poverty areas. 6

7 NCENTIVES Incentive Programs 2015 For Fiscal 2015, the Government of the State of Mexico approved 32 incentive programs that will benefit the productive sectors in the region. It is important to mention that this year s PAI include benefits for the health sector, the social and productive organizations, small business owners, fireworks manufacturers, and rural enterprises. This year, nine government entities collaborated to develop the 2015 Incentive Programs. This effort reflects directly on the Government of the State of Mexico s compromise to further growth in all productive sectors in the region. SECRETARIAT 1. Agricultural Development 2. Economic Development 3. Education 4. Finance 5. Environment 6. Health 7. Public Safety 8. Labor 9. Tourism Total Incentive Fiscal 2 2 Incentive Non-Fiscal Total

8 8 Genetically superior animals Subsidize the acquisition of genetically superior animals. Aquaculture Development Help farmers improve the processes of breeding, rearing, and harvesting of plants and animals in all types of water environments. Livestock Identification and Traceability Program Livestock Identification and Traceability conducted by the National System for Livestock Identification (SINIGA). This program has the objective of identifying diseases that might affect livestock in the southern region of the State of Mexico, thus hindering production. Women empowerment Program designed to empower women in rural areas and help them become self-employed. Adequate intake of water Provide construction materials to benefit Agricultural infrastructure and sustainability. AQUACULTURE DEVELOP MENT Secretariat of Agricultural Development

9 INDUSTRY Secretariat of Economic Development Industrial Parks Preferential terms for acquiring spaces in Industrial Parks. International Trade Training Provide programs, training and certification in international trade designed to enhance the enterprises trade practices. Investment Assistance Provide assistance to potential investors. Trade Missions and Trade Fairs Financial Support for enterprises attending trade missions and trade fairs that could result into business opportunities abroad. Export Development Program Eligible companies will receive legal, fiscal, and administrative information related to exporting processes. 9

10 E Secretariat of Economic Development State of Mexico Certificate of Origin A certificate given to enterprises which are enrolled in the State Economic Development Registry. The benefits provided by this recognition are: Tie-breaker factor in public procurement processes. Elegibility for Business Excellence Award. Elegibility for Government Incentive Programs. Business Excellence Award An award to recognize business excellence in the following areas: Human Development, Competitiveness, Environment Protection, Exports, Social Responsibility, Gender Equality. 10 BUSINESS

11 NEW MPLOYMENTS Secretariat of Finance Payroll Tax Exemptions Enterprises will benefit from a 100% payroll tax exemption for up to 36 months if they: Employ elderly workers (60 years-old and plus). Employ Education, Technological, and Technical Graduates from the Classes of 2013,2014,and Move its business from other entity to the State of Mexico. Build a startup company in the State of Mexico. Enterprises will benefit from a 100% payroll tax exemption for up to 36 months if they: Employ first-time workers. 11

12 CORPORATE EQUALITY Solidarity Sourcing Program The Solidarity Sourcing Program opens the Government s purchasing process to new categories of suppliers who have trouble accessing major contractors. All registered suppliers are eligible to contracts up to $500,000 MXP. Waiver on Contractual Warranties and Hidden Defects Liabilities Waiver on contractual warranties and hidden defects liabilities to those suppliers registered in the Solidarity Sourcing Program. Registration in the Solidarity Sourcing Program 100% payment exemption for business owners who register in the Solidarity Sourcing Program. Equal treatment for Small and Medium Sized Enterprises (MiPyMes) Equal treatment for Small and Medium Sized Enterprises (MiPyMes) in all procurement processes in the State of Mexico. 12

13 The State of Mexico s Council for Science and Technology (COMECyT) Research, Technological Development, and Innovation Incentives Enterprises who invest on Research, Technological Development, and Innovation are eligible for financial incentives. Patents Support Program Its objective is the securing of intellectual property created in the State of Mexico by providing total reimbursement on patent fees required by the Mexican Institute of Industrial Property (IMPI). Program for Strengthening the Scientific and Technological Capacity Incentives for financing research and development of the enterprises technological capacities. With special focus in: Training for personnel, internships, specialized training, hiring of graduate professionals, and attraction of subject area experts. State Innovation Systems A program developed for the very small, small, and medium enterprises (MiPyMES) who wish to enhance and further their competitivity through innovation. 13

14 DUAL Secretariat DUCATION of Education Creation of local business ventures with Parents Associations Promote the creation of small business ventures among parents associations to manufacture uniforms (5 to 7 parents). Dual Education System (MMFD) The objective of this program is to further the Students formation by integrating them to the working force through apprenticeships and practicums. 14

15 Secretariat of Environment Clean Industry Certification The Clean Industry Certification is given to companies that demonstrate satisfactory accomplishment of legal requirements regarding environmental protection. Those companies that comply are eligible for the following benefits: exemption on inspections, savings on raw materials and energy, increased comparative advantage, and benefits for exporting. Hydrological Environmental Services CLEAN A program to pay landowners with 76,667+ Hectare of land to maintain their forest and thus protect the hydrological functions of the different areas. 15

16 16 Secretariat of Health Food Safety and Sanitation Program Provide enterprises with the necessary information for complying with the following requirements: SANITATION ERTIFICATION Sanitation Certification for food and beverages service providers. Certification for food and beverages handlers. Notifications of Operations. Application for Sanitary Permits.

17 Secretariat of Public Safety Training for pyrotechnic manufacturers Teach the State of Mexico s fireworks manufacturers the essential safety measures for the production, handling, and storage of fireworks. TRAINING 17

18 18 Secretariat of Labor UTOEMPLEO Scholarships for Corporate Education (Bécate) Program targeted to people who wish to enhance their professional capabilities and skills in order to become self-employed or further their professional career. Promoting Social Organizations Advise autonomous associations of persons who want to establish Co- Operatives for their mutual social, economic, and cultural benefit. Promoting Self-Employment Encourage the creation and strengthening of new business ventures by providing financial and non-financial incentives to entrepreneurs. Entreprenerus may be eligible for the following: Up to $25,000 MXP for equipment and infrastructure. Up to $125,000 MXP for equipment and infrastructure (If the enterprise is integrated by 5 or more people). C

19 Secretariat of Tourism Sale of Traditional Crafts Provide State of Mexico s craftsmen with a space to sell their products in CASART s store. This program operates under CASART s consignment terms. Promotion of Traditional Crafts Encourage participation of State of Mexico s craftsmen in state, national, and international events in order to increase sales and expand markets. RAFTSMEN 19

20 NCEN Summary of Incentives 2015 Agricultural Development Economic Development Finance 1. Genetically superior animals. 2. Aquaculture Development 3. Livestock Identification and Traceability Program 4. Women empowerment 5. Efficient use of water 1. Industrial Parks 2. International Trade Training 3. Investment Assistance 4. Trade Missions and Trade Fairs 5. Export Development Program 6. State of Mexico Certificate of Origin 7. Business Excellence Award 1. Payroll Tax Exemptions 2. Solidarity Sourcing Program 3. Waiver on Contractual Warranties and Hidden Defects Liabilities 4. Registration in the Solidarity Sourcing Program. 5. Equal treatment for Small and Medium Sized Enterprises (MiPyMes) 20

21 TIVES Education Environment Health 1. Creation of local business ventures with Parents Associations 2. Dual Education System (MMFD) 1. Clean Industry Certification 2. Hydrological Environmental Services 1. Food Safety and Sanitation Program Public Safety Labor Tourism 1. Training for pyrotechnic manufacturers 1. Scholarships for Corporate Education (Bécate) 2. Promoting Social Organizations 3. Promoting Self- Employment 1. Sale of Traditional Crafts 2. Promotion of Traditional Crafts 21

22 22 Secretariat of Education Coordination of Dual Education Gladiolas No. 25, Izcalli Cuauhtémoc I, Metepec, Estado de México, C.P Tel.: (01 722) Ext Unit of Information, Planning, Programming and Evaluation Otumba No. 782, Col. Electricistas, Toluca, Estado de México. Tel.: (01 722) Secretariat of Finance Lerdo Pte. No. 300, Segundo Piso, Puerta 345, Palacio del Poder Ejecutivo, Colonia Centro, Toluca, Estado de México, C.P Tel.: (01 722) COMECyT Hacienda Cieneguilla No. 1, Col. Santa Elena, San Mateo Atenco, Estado de México, C.P Tel.: (01 722) al 15. Secretariat of Economic Development Paseo Colón No. 220, Col. Residencial Colón, C.P Toluca, Estado de México. Tels.: (01 722) y Exts. 106, 109 y 112. Secretariat of Environment Conjunto SEDAGRO, Edificio C, puerta 101, Col. Ex Rancho San Lorenzo, Metepec, Estado de México, C.P Tels.: (01 722) y Ext Secretariat of Health Josefa Ortiz de Domínguez No. 200 Esq. José Ma. Morelos, Col. San Sebastián, Toluca, Estado de México, C.P Tel.: (01 722) Secretariat of Public Safety Paseo Tollocan Ote. No. 1324, Esq. Marie Curie, Col. San Sebastián, Toluca, Estado de México, C.P Tel.: (01 722) Ext Secretariat of Agricultural Development Conjunto SEDAGRO, Col. Ex Rancho San Lorenzo, Metepec, Estado de México, C.P Tel.: (01 722) Ext Secretariat of Labor Rafael M. Hidalgo No. 301, Col. Cuauhtémoc, Toluca, Estado de México, C.P Tels.: (01 722) y Ext Secretariat of Tourism Robert Bosch No. 1731, 2o piso, Col. Zona Industrial, Toluca, Estado de México, C.P Tel.: (01 722) al 95. IIFAEM Av. Paseo Tollocan Ote. No. 700, Col. Izcalli IPIEM, Toluca, Estado de México, C.P Tel.: (01 722) CONTACT

23 COORDINATION OF ECONOMIC PROMOTION AND COMPETITION SECRETARIAT OF FINANCE Lerdo Pte. No. 300, segundo piso, puerta 345, Palacio del Poder Ejecutivo, Colonia Centro, Toluca, México, C.P Tels.: (01 722) SECRETARIAT OF ECONOMIC DEVELOPMENT Robert Bosch Esq. 1 o de Mayo s/n, Zona Industrial, Toluca, Estado de México. Tels.: (01 722) y

24

OPENING A MANUFACTURING OPERATION IN MEXICO

OPENING A MANUFACTURING OPERATION IN MEXICO *Mexico City Office Insurgentes Sur 1802, PH Col. Florida, C.P. 01030 Mexico D.F. Phone (52-55) 5662-4924 Fax (52-55) 5662-7613 OPENING A MANUFACTURING OPERATION IN MEXICO Review: 2012 I. Introduction

More information

LETTER FROM MANAGEMENT

LETTER FROM MANAGEMENT 2015 LETTER FROM MANAGEMENT In 2015, a year of adjustments and changes in the world economy, Corporativo Kamaji, a group of one hundred percent Mexican companies, continues to grow, as we transform and

More information

THE YOUTH ISSUE BASED POSITION

THE YOUTH ISSUE BASED POSITION VISION 2030 YOUTH ENTREPRENEURS ASSOCIATES THE YOUTH ISSUE BASED POSITION 1 Background of Vision 2030 Youth Entrepreneurs Associates Vision 2030 YEA was established in 2013 with one aim only Empowerment

More information

Thus, we continue to focus on our mission of being the most efficient, profitable, and safe

Thus, we continue to focus on our mission of being the most efficient, profitable, and safe During 1998 we were pleased to witness that our Industrial programs produced a 10% decrease in the accident rate of our operations as compared to the previous year. Now, through the effort and involvement

More information

Session Name: Access to Knowledge, Network & Markets Case Study: Bangladesh, BRAC Presenter: Asif Saleh Senior Director BRAC and BRAC International

Session Name: Access to Knowledge, Network & Markets Case Study: Bangladesh, BRAC Presenter: Asif Saleh Senior Director BRAC and BRAC International Session Name: Access to Knowledge, Network & Markets Case Study: Bangladesh, BRAC Presenter: Asif Saleh Senior Director BRAC and BRAC International BRAC in 30 seconds Key Facts and Figures Mission: To

More information

FIRST PARAGRAPH OBJECTIVES

FIRST PARAGRAPH OBJECTIVES MEMORANDUM OF UNDERSTANDING BETWEEN THE SECRETARIAT OF AGRICULTURE, LIVESTOCK, RURAL DEVELOPMENT, FISHERIES AND FOOD OF THE UNITED MEXICAN STATES, AND THE DEPARTMENT OF FOOD AND AGRICULTURE OF THE STATE

More information

Local Incentives. General Tax Credits. Business Incentives

Local Incentives. General Tax Credits. Business Incentives 1500 W. Tucumcari BLVD. P.O. Box 1392 Tucumcari, NM 88401 (P) 575.461.4079 (F) 575.461.1838 patv@tucumcari.biz Business Incentives By admin Published: 01/15/2013-19:53 Local Incentives The Greater Tucumcari

More information

MASTER IN TECHNOLOGY MANAGEMENT

MASTER IN TECHNOLOGY MANAGEMENT MASTER IN TECHNOLOGY MANAGEMENT FACULTY OF ACCOUNTING AND MANAGEMENT UNIVERSIDAD AUTONOMA DE QUERETARO AND ENGEENERING CENTER AND INDUSTRIAL DEVELOPMENT QUERETARO, QRO. MEXICO 2 The Master in Technology

More information

Philanthropic Freedom Pilot Study: Mexico Country Report Overall Philanthropic Freedom Score: 4.07

Philanthropic Freedom Pilot Study: Mexico Country Report Overall Philanthropic Freedom Score: 4.07 Philanthropic Freedom Pilot Study: Mexico Country Report Overall Philanthropic Freedom Score: 4.07 General Background Information on Mexico GDP per capita: $ 10,047 1 Population: 115 million 2 Percent

More information

Small Business Loan Guarantee Program

Small Business Loan Guarantee Program Small Business Loan Guarantee Program Economic Analysis New Business Start-ups Business Growth & Expansions Business Finance Small Business Loan Guarantee Program The Small Business Loan Guarantee Program

More information

Frequently asked questions. FP7 Financial Guide

Frequently asked questions. FP7 Financial Guide Frequently asked questions FP7 Financial Guide Budgetary matters Eligible costs of a project What are the criteria for determining whether the costs of a project are eligible? First of all, costs must

More information

Contact Points on Government Procurement as of January 1, 2005

Contact Points on Government Procurement as of January 1, 2005 Contact Points on Government Procurement as of January 1, 2005 A. Entities Covered by the Agreement on Government Procurement House of Representatives Accounts Div., General Affairs 03(3581)5111 2323 House

More information

In a Global World, Partnerships Open the Door to a Go-To-Market

In a Global World, Partnerships Open the Door to a Go-To-Market Leadership in Nearshore IT Services In a Global World, Partnerships Open the Door to a Go-To-Market A Hildebrando White paper By Daniel Tkach 2 In a Global World, Partnerships Open the Door to a Go-To-Market

More information

WESTERN ILLINOIS UNIVERSITY

WESTERN ILLINOIS UNIVERSITY WESTERN ILLINOIS UNIVERSITY FINANCIAL AUDIT, SINGLE AUDIT AND STATE COMPLIANCE EXAMINATION For the One Year Ended: June 30, 2012 Release Date: March 28, 2013 Summary of Findings: Total this audit: Total

More information

Conditions for using the Owner Construction or Owner Performed Services delivery method are:

Conditions for using the Owner Construction or Owner Performed Services delivery method are: Water and Environmental Programs RUS Instruction 1780 Owner Construction & Owner Performed Services Requirements Iowa Guide A-5 Design-bid-build is the preferred project delivery method for completing

More information

Entrepreneur-in-Residence Programs Key Legal Issues

Entrepreneur-in-Residence Programs Key Legal Issues Entrepreneur-in-Residence Programs Key Legal Issues July 2004 2486113 Introduction Informal entrepreneur-in-residence ("EIR") programs are a traditional feature of the private equity industry Recently,

More information

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN

COMMUNITY FUTURES DEVELOPMENT CORPORATION, CENTRAL OKANAGAN Financial Statements of COMMUNITY FUTURES DEVELOPMENT CORPORATION, KPMG LLP Telephone (250) 979-7150 200-3200 Richter Street Fax (250) 763-0044 Kelowna BC V1W 5K9 Internet www.kpmg.ca Canada INDEPENDENT

More information

Department of Economic Development Strategic Plan

Department of Economic Development Strategic Plan Department of Economic Development Strategic Plan 2010 2013 We envision an economy driven by a healthy private sector and expanding at a pace that maximizes opportunities for Yukon businesses and workers.

More information

Affiliate Marketing Agreement

Affiliate Marketing Agreement Affiliate Marketing Agreement This Affiliate Marketing Agreement ("Agreement") is made on this day of, 20, by and between Career Step, LLC, a Utah company with mailing address at 1220 North Main Street,

More information

PUBLIC Law, Chapter 643, LD 1314, 125th Maine State Legislature An Act To Standardize the Definition of "Independent Contractor"

PUBLIC Law, Chapter 643, LD 1314, 125th Maine State Legislature An Act To Standardize the Definition of Independent Contractor PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney. Be it enacted by the People of the

More information

Striving for IP Excellence Korea s National Strategy for Intellectual Property FRAMEWORK ACT ON INTELLECTUAL PROPERTY

Striving for IP Excellence Korea s National Strategy for Intellectual Property FRAMEWORK ACT ON INTELLECTUAL PROPERTY 01 Striving for IP Excellence FRAMEWORK ACT ON INTELLECTUAL PROPERTY CHAPTERⅠGENERAL PROVISIONSAND PROMOTION SYSTEM THEREOF CHAPTERⅠGENERAL PROVISIONS Article 1 (Purpose) The purpose of this Act is to

More information

Philippine Dairy Industry March Introduction

Philippine Dairy Industry March Introduction Introduction The Philippines dairy industry which generates sales of about $1 Billion annually is made up of two (2) distinct sectors: Huge importing and processing sector that supplies over 95% of the

More information

SMALL BUSINESS SUPPORT PROGRAM POLICY

SMALL BUSINESS SUPPORT PROGRAM POLICY Economic Development & Transportation SMALL BUSINESS SUPPORT PROGRAM POLICY POLICY STATEMENT The Department of Economic Development & Transportation is committed to supporting small businesses and community-based

More information

Zip Code Town/City State. Street Number and/or exterior letter Number and/or interior letter. Zip Code Town/City State

Zip Code Town/City State. Street Number and/or exterior letter Number and/or interior letter. Zip Code Town/City State ACKNOWLEDGEMENT OF RECEIPT APPLICANT LEGAL ENTITY INFORMATION 1. Company or Business name. Name and/or Business name: 2. Prevailing Activity. 2.1 Belonging Sector. 3. Tax Residence. Street Number and/or

More information

smartbook INCENTIVES, WORKFORCE PROGRAMS & FINANCING

smartbook INCENTIVES, WORKFORCE PROGRAMS & FINANCING smartbook INCENTIVES, WORKFORCE PROGRAMS & FINANCING INCENTIVES, WORKFORCE PROGRAMS & FINANCING THIS DOCUMENT REVIEWED WITH: NAME DATE / / COMPANY NAME LOCATION FINANCIAL REPRESENTATIVE Upon review, your

More information

9 ACCESS TO CAPITAL FOR YORK REGION SMALL BUSINESSES

9 ACCESS TO CAPITAL FOR YORK REGION SMALL BUSINESSES 9 ACCESS TO CAPITAL FOR YORK REGION SMALL BUSINESSES The Planning and Economic Development Committee recommends the adoption of the recommendation contained in the following report dated May 19, 2009,

More information

Honduras. Sugar Annual

Honduras. Sugar Annual THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report Number:

More information

REQUEST FOR PROPOSALS FOR CONTRACTOR PARTNER

REQUEST FOR PROPOSALS FOR CONTRACTOR PARTNER REQUEST FOR PROPOSALS FOR CONTRACTOR PARTNER I. PURPOSE The Connecticut Green Bank ( Green Bank ) seeks proposals from qualified contractors ( Contractor ) to participate in a Solar PV Documentary Video

More information

Mexico. Rodolfo Trampe, Jorge Díaz, José Palomar and Carlos López. Von Wobeser y Sierra, S.C.

Mexico. Rodolfo Trampe, Jorge Díaz, José Palomar and Carlos López. Von Wobeser y Sierra, S.C. Mexico Rodolfo Trampe, Jorge Díaz, José Palomar and Carlos López Market overview 1 What kinds of outsourcing take place in your jurisdiction? In Mexico, a subcontracting regime (understood as the regime

More information

Individual income tax

Individual income tax International Tax Puerto Rico Tax Alert 12 June 2015 Tax reform enacted Contacts Francisco A. Castillo fcastillo@deloitte.com Ricardo Villate rvillate@deloitte.com Michelle Corretjer mcorretjer@deloitte.com

More information

5/23/11 General Business Tax Changes

5/23/11 General Business Tax Changes 5/23/11 General Business Tax Changes Michigan is replacing the Michigan Business Tax (MBT) in 2012 with a new, simpler and more competitive corporate income tax. o Low tax rates will be established in

More information

NEWS ALERT WINSTEAD POTENTIAL OPPORTUNITIES FOR HEALTHCARE INDUSTRY UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009. May 2009 Winstead PC

NEWS ALERT WINSTEAD POTENTIAL OPPORTUNITIES FOR HEALTHCARE INDUSTRY UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009. May 2009 Winstead PC May 2009 Winstead PC POTENTIAL OPPORTUNITIES FOR HEALTHCARE INDUSTRY UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 Contact: The American Recovery and Reinvestment Act of 2009 (the "Act") was

More information

INFONAVIT. Alejandro Murat Hinojosa

INFONAVIT. Alejandro Murat Hinojosa INFONAVIT Alejandro Murat Hinojosa INSTITUTO DEL FONDO NACIONAL DE LA VIVIENDA PARA LOS TRABAJADORES This presentation may contain forward looking statements. These statements may include the plans and

More information

P.L.2011, CHAPTER 118, approved August 19, 2011 Senate, No (Third Reprint)

P.L.2011, CHAPTER 118, approved August 19, 2011 Senate, No (Third Reprint) - C.:-. Title. Subtitle. Chapter. (New) Employee Leasing Companies. - - C.:- to :- - Note P.L.0, CHAPTER, approved August, 0 Senate, No. (Third Reprint) 0 AN ACT concerning employee leasing companies,

More information

Quarterly Results 1Q14

Quarterly Results 1Q14 Quarterly Results 1Q14 1 Highlights 3 Proteak Valuation 4 New Projects 4 Results and Key Indicators 5 Balance Sheet Analysis 6 Cash Flow Analysis 7 Environmental and Social Development 8 Proteak Informs

More information

Mexican Tax Law. Value Added Tax (VAT) is assessed on the consummation within the Mexican territory of the following types of transactions:

Mexican Tax Law. Value Added Tax (VAT) is assessed on the consummation within the Mexican territory of the following types of transactions: Mexican Tax Law By: Benjamin C. Rosen brosen@rosenlaw.com.mx Last Update: September 2006 INTRODUCTION Mexican companies (including subsidiaries of foreign companies), as well as permanent establishments

More information

Executive Summary. of the new Italian legislation on innovative startups

Executive Summary. of the new Italian legislation on innovative startups Executive Summary of the new Italian legislation on innovative startups 20 th October 2014 Italian Ministry of Economic Development Minister s Technical Secretariat A new industrial policy for economic

More information

Business Set up in Japan

Business Set up in Japan Business Set up in Japan 12 March 2013 Jimmy Ng Special Investment Advisor Types of Operations in Japan 1. Representative office 2. Branch Office 3. Limited liability partnership (LLP) 4. Subsidiary Company

More information

Starting a Small Business in British Columbia

Starting a Small Business in British Columbia Starting a Small Business in British Columbia Starting a Small Business in British Columbia Table of Contents Starting Your Small Business In British Columbia 1 Is Owning A Small Business For You? 2 Do

More information

Medical Device Regulatory Requirements for Mexico

Medical Device Regulatory Requirements for Mexico Medical Device Regulatory Requirements for Mexico Updated: June 2011 Disclaimer: The information contained in this profile is derived from public sources, is intended to assist U.S. exporters in performing

More information

Small Business Utilization. Legislative Report. January 2016

Small Business Utilization. Legislative Report. January 2016 Small Business Utilization Legislative Report January 2016 Budget and Capital Resources December 2009 UNIVERSITY of CALIFORNIA Office of the President January 2016 UNIVERSITY OF CALIFORNIA Small Business

More information

Business Planning Development Worksheet - Starting Your NRE

Business Planning Development Worksheet - Starting Your NRE Business Planning Development Worksheet - Starting Your NRE List names of relatives or friends you will use to help partner with (co-owners/operators) to being the NRE: From the examples you provided in

More information

TAX INCENTIVES FOR R&D ACTIVITIES

TAX INCENTIVES FOR R&D ACTIVITIES STRENGTH THROUGH UNITY Federal Public Service FINANCE TAX INCENTIVES FOR R&D ACTIVITIES Tax year 2016 - Income year 2015 10 reasons to invest in R & D in Belgium 1. Patent income deduction A deduction

More information

ILLINOIS BUSINESS FINANCING MATRIX

ILLINOIS BUSINESS FINANCING MATRIX A Guide of Federal, State and Regional Loan Incentive and Grant s for Business and Economic TERM RATE FEES 7(a) Loan Guaranty The s primary loan program Business start ups or expansion; construction of

More information

INDONESIA. Implementing Public TVET Programs in the Midst of the Financial Crisis - HRD Policies in Collaboration with Employment Security

INDONESIA. Implementing Public TVET Programs in the Midst of the Financial Crisis - HRD Policies in Collaboration with Employment Security INDONESIA Implementing Public TVET Programs in the Midst of the Financial Crisis - HRD Policies in Collaboration with Employment Security (Agnes Retno Dwidarsih Yosephine Pranolo) A. Employment Condition

More information

Congratulations on the decision to embark upon a new business venture!!!

Congratulations on the decision to embark upon a new business venture!!! Nine Key Steps to Starting a Business in the City and County of Denver Offffiice off Economiic Devellopmentt - Business Assistance Center - Congratulations on the decision to embark upon a new business

More information

SECURING AND PAYING FOR CONSULTANTS AND INDEPENDENT CONTRACTORS

SECURING AND PAYING FOR CONSULTANTS AND INDEPENDENT CONTRACTORS SECURING AND PAYING FOR CONSULTANTS AND INDEPENDENT CONTRACTORS PURPOSE The primary purpose of this policy and procedure statement is to guide the Seminary in three areas: (1) To properly classify employees,

More information

Legal, Regulatory and Insurance Checklist for North Carolina

Legal, Regulatory and Insurance Checklist for North Carolina Legal, Regulatory and Insurance Checklist for North Carolina The Business Development Files Legal, Regulatory and Insurance Checklist for North Carolina Karen Mundy, Department of Agricultural and Applied

More information

Module II: Corporate Tax Planning Update: Mexico

Module II: Corporate Tax Planning Update: Mexico Module II: Corporate Tax Planning Update: Mexico 11th Annual Latin American Tax Conference Miami, Florida 10-11 March 2010 Leobardo Tenorio Tijuana Luis Adrian Jimenez Mexico City Jaime Gonzalez-Bendicksen

More information

PROFESSIONAL SERVICES CONSULTING AGREEMENT

PROFESSIONAL SERVICES CONSULTING AGREEMENT PROFESSIONAL SERVICES CONSULTING AGREEMENT THIS AGREEMENT, effective as of the date of (the Effective Date ), is by and between New Jersey Institute of Technology ("NJIT"), a public research university,

More information

Chapter 18 Municipal Cable Television and Public Telecommunications Services Act. Part 1 General Provisions

Chapter 18 Municipal Cable Television and Public Telecommunications Services Act. Part 1 General Provisions Chapter 18 Municipal Cable Television and Public Telecommunications Services Act Part 1 General Provisions 10-18-101 Title -- Policy statement. (1) This chapter is known as the "Municipal Cable Television

More information

SCIENCE, TECHNOLOGY AND INNOVATION FOR THE TRANSFORMATION OF AFRICAN ECONOMIES

SCIENCE, TECHNOLOGY AND INNOVATION FOR THE TRANSFORMATION OF AFRICAN ECONOMIES SCIENCE, TECHNOLOGY AND INNOVATION FOR THE TRANSFORMATION OF AFRICAN ECONOMIES SESSION I: ELEMENTS OF AN EFFECTIVE AND BALANCED INTELLECTUAL PROPERTY (IP) SYSTEM TO ENABLE INNOVATION The session discussed

More information

Decree On National Health Insurance Fund. Government issued Decree: Chapter I General Provisions

Decree On National Health Insurance Fund. Government issued Decree: Chapter I General Provisions Government Lao People s Democratic Republic Peace Independence Democracy Unity Prosperity ------------------ No.../ GO Vientiane Capital, date./ Decree On National Health Insurance Fund - Pursuant to Law

More information

INTRODUCTION Making Transatlantic Connections

INTRODUCTION Making Transatlantic Connections Legal Guide To Doing Business In The USA S etting up operations in the US can be an effective way to fast track your company s growth. Yet before taking the plunge, it is essential to understand the legal

More information

EXPRESSION OF INTEREST FOR PRE-QUALIFICATION PROCESS TO HIRE INDEPENDENT AUDITORS

EXPRESSION OF INTEREST FOR PRE-QUALIFICATION PROCESS TO HIRE INDEPENDENT AUDITORS EXPRESSION OF INTEREST FOR PRE-QUALIFICATION PROCESS TO HIRE INDEPENDENT AUDITORS FOR CONDUCTION OF AUDIT OF 35 DISEASE DIAGNOSTIC LABORATORIES WORKING UNDER LIVESTOCK AND DAIRY DEVELOPMENT DEPARTMENT,

More information

Residential Rehabilitation Loan Program Guidelines

Residential Rehabilitation Loan Program Guidelines Residential Rehabilitation Loan Program Guidelines City of Middletown Department of Planning, Conservation and Development Community Development Division February 1999 Table of Contents Purpose 1 General

More information

An Overview of Florida s Insurance Premium Tax

An Overview of Florida s Insurance Premium Tax An Overview of Florida s Insurance Premium Tax Report Number 2007-122 October 2006 Prepared for The Florida Senate Prepared by Committee on Finance and Tax Table of Contents Summary... separate document

More information

Investment incentives in Bulgaria

Investment incentives in Bulgaria Investment incentives in Bulgaria Types of incentives under the current Bulgarian legislation Tax incentives Incentives under the Investment Promotion Act (IPA) Employment incentives (training and job

More information

MZUZU UNIVERSITY ACADEMIC YEAR 2016/2017 ADMISSIONS

MZUZU UNIVERSITY ACADEMIC YEAR 2016/2017 ADMISSIONS MZUZU UNIVERSITY ACADEMIC YEAR 2016/2017 ADMISSIONS Applications are invited from suitably qualified persons to apply for studies in various faculties for Certificate, Diploma and Degree programmes listed

More information

ILLINOIS BUSINESS FINANCING MATRIX. A Guide for Federal, State and Regional Loan Incentive and Grant Programs for Business and Economic Development

ILLINOIS BUSINESS FINANCING MATRIX. A Guide for Federal, State and Regional Loan Incentive and Grant Programs for Business and Economic Development A Guide for Federal, State and Regional Loan Incentive and Grant s for Business and Economic PROGRAM TERM RATE FEES 7(a) Loan Guaranty The s primary loan program Business start ups or expansion; construction

More information

10 Tips for Starting and Running a Successful Business LOISELLE, GOODWIN & HINDS

10 Tips for Starting and Running a Successful Business LOISELLE, GOODWIN & HINDS 10 Tips for Starting and Running a Successful Business CERTIFIED PUBLIC LOISELLE, GOODWIN ACCOUNTANTS & HINDS How do I know if I have a viable business? STATISTICS WSJ: 3 out of 4 businesses fail Forbes:

More information

Transforming Your Idea into a. Successful Company

Transforming Your Idea into a. Successful Company 1 Transforming Your Idea into a What it takes to be an entrepreneur Successful Company Steps to launch a product business Steps to launch a service business Legal Aspects of startup companies By Robert

More information

Doing Business with the UN System. Practical Tips. January 2004. Published by

Doing Business with the UN System. Practical Tips. January 2004. Published by Doing Business with the UN System Practical Tips January 2004 Published by CONTENTS 1. WHAT IS THE UN MARKET? 1.1 Overview 1.2 Profile of the UN System 1.3 List of Major Goods 1.4 List of Major Services

More information

REQUEST FOR PROPOSAL FOR LEGAL SERVICES FOR THE PERIOD [DATE] to [DATE]

REQUEST FOR PROPOSAL FOR LEGAL SERVICES FOR THE PERIOD [DATE] to [DATE] Sample Request for Proposal for Legal Services September 2012 This is a Request for Proposal (RFP) for Legal Services that Community Action Agencies (CAA) may use as a starting place to create their own

More information

FLORIDA ECONOMIC DEVELOPMENT INCENTIVES

FLORIDA ECONOMIC DEVELOPMENT INCENTIVES FLORIDA ECONOMIC DEVELOPMENT INCENTIVES SPACE FLORIDA CAPABILITIES: The Florida Legislature has equipped Space Florida with unique tools to diversify and expand commercial aerospace in the state. Listed

More information

GUIDELINES FOR FOOD IMPORT CONTROL SYSTEMS

GUIDELINES FOR FOOD IMPORT CONTROL SYSTEMS GUIDELINES FOR FOOD IMPORT CONTROL SYSTEMS SECTION 1 SCOPE CAC/GL 47-2003 1. This document provides a framework for the development and operation of an import control system to protect consumers and facilitate

More information

10 Key Steps to Starting a Business

10 Key Steps to Starting a Business OFFICE OF SMALL BUSINESS 10 Key Steps to Starting a Business (For Businesses within San Diego City Limits) There are several key steps to starting a business in the City of San Diego. The steps may vary

More information

This Federal Law shall define specific legal, organizational and economic features of leasing. Chapter I. GENERAL PROVISIONS

This Federal Law shall define specific legal, organizational and economic features of leasing. Chapter I. GENERAL PROVISIONS October 29, 1998 RUSSIAN FEDERATION FEDERAL LAW ON FINANCIAL RENTAL (LEASING) No. 164-FZ Enacted by the State Duma On September11, 1998 Approved by the Federation Council On October 14, 1998 The objectives

More information

WELCOME AND TAKING CHARGE

WELCOME AND TAKING CHARGE WELCOME AND TAKING CHARGE In this preliminary phase, you will be fully informed by the information point that will be indicated to you by your Region the contents and services provided by the Programme

More information

Utilizing Grants & Low Interest Loans to Achieve Your Business Objectives

Utilizing Grants & Low Interest Loans to Achieve Your Business Objectives Utilizing Grants & Low Interest Loans to Achieve Your Business Objectives Why seek grants for your business? 1. Research 2. Expansion 3. Diversification 4. Start new enterprise 5. Marketing 6. Education

More information

Construction Contract

Construction Contract Construction Contract Case Number: Date: Borrower Name(s): Phone #: Phone #: THIS IS A MODEL DOCUMENT FOR USE IN RENOVATION OR CONSTRUCTION LOAN TRANSACTIONS. THIS FORM IS PROVIDED AS AN EXAMPLE AND IS

More information

Nine Key Steps to Starting a Business in the City and County of Denver.

Nine Key Steps to Starting a Business in the City and County of Denver. Nine Key Steps to Starting a Business in the City and County of Denver. step 1: Gather Information step 2: Create a Business Plan step 3: Determine a Business Name step 4: Determine the Legal Structure

More information

Mexican Health Foundation A private institution at the service of the community

Mexican Health Foundation A private institution at the service of the community Mexican Health Foundation A private institution at the service of the community The Mexican Health Foundation is an autonomous, non-profit, civil association founded in 1985. FUNSALUD has been known for

More information

Minority Business Development Agency FY 2006 Annual Performance Plan

Minority Business Development Agency FY 2006 Annual Performance Plan Minority Business Development Agency FY 2006 Annual Performance Plan Exhibit 3A MBDA s Mission and Goal MBDA s mission is to achieve entrepreneurial parity for MBEs by actively promoting their ability

More information

Supplier s Guide to Doing Business with American Snuff Company, LLC

Supplier s Guide to Doing Business with American Snuff Company, LLC Supplier s Guide to Doing Business with American Snuff Company, LLC 1 Table of Contents INTRODUCTION 3 ABOUT AMERICAN SNUFF COMPANY TOBACCO 4 COMPANY 5 ABOUT RAI s OTHER COMPANIES PROCUREMENT MISSION STATEMENT

More information

Supplementary materials

Supplementary materials Supplementary materials X. Imports and exports from Mexico One of the priority objectives of Mexican foreign trade policy is to promote exports, especially non-petroleum exports. Achievement of this goal

More information

The Bank s Role on Sustainable Tourism Development. By: Annette Montoto, CPA President Economic Development Bank for Puerto Rico

The Bank s Role on Sustainable Tourism Development. By: Annette Montoto, CPA President Economic Development Bank for Puerto Rico The Bank s Role on Sustainable Tourism Development By: Annette Montoto, CPA President Economic Development Bank for Puerto Rico Our Mission is: To provide financing alternatives and integrated financial

More information

Agri-tourism: A New Agricultural Business Enterprise

Agri-tourism: A New Agricultural Business Enterprise Agri-tourism: A New Agricultural Business Enterprise By: Dora Ann Hatch, Area Agent Community Rural Development Agri-tourism is a business venture located on a working farm, ranch, or agricultural enterprise

More information

956 CMR: COMMONWEALTH HEALTH INSURANCE CONNECTOR AUTHORITY

956 CMR: COMMONWEALTH HEALTH INSURANCE CONNECTOR AUTHORITY 11.01: General Provisions 11.02: Definitions 11.03: Determination of Fair and Reasonable Premium Contribution 11.04: Determination of Fair Share Contribution 11.05: Other Provisions 11.01: General Provisions

More information

WORKERS' COMPENSATION INSURANCE

WORKERS' COMPENSATION INSURANCE Office of Information Technology Maine Employer s Mutual Insurance Company s (MEMIC) Rates The Bureau s website includes the following link to MEMIC s rates, charged per $100 of payroll for all classifications:

More information

CUBAN FOREIGN INVESTMENT LEGISLATION

CUBAN FOREIGN INVESTMENT LEGISLATION CUBAN FOREIGN INVESTMENT LEGISLATION Decree Law 50 of 1982 ( Decree Law 50 ) was Cuba s first foreign investment act authorizing the formation of international joint-ventures with foreign investors. In

More information

Economic and Social Council

Economic and Social Council United Nations Economic and Social Council ECE/TIM/2013/Inf.6 Distr.: General 8 October 2013 Food and Agriculture Organization Original: English Economic Commission for Europe Committee on Forests and

More information

System Basics for the certification of sustainable biomass and bioenergy

System Basics for the certification of sustainable biomass and bioenergy ISCC 201 System Basics System Basics for the certification of sustainable biomass and bioenergy ISCC 11-03-15 V 2.3-EU Copyright notice ISCC 2011 This ISCC document is protected by copyright. It is freely

More information

REQUEST FOR QUALIFICATIONS ST. LOUIS COUNTY OFFICE OF COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE & COMMUNITY BUILDER INCENTIVE 2016

REQUEST FOR QUALIFICATIONS ST. LOUIS COUNTY OFFICE OF COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE & COMMUNITY BUILDER INCENTIVE 2016 REQUEST FOR QUALIFICATIONS ST. LOUIS COUNTY OFFICE OF COMMUNITY DEVELOPMENT HOMEBUYER ASSISTANCE & COMMUNITY BUILDER INCENTIVE 2016 PURPOSE To solicit proposals from organizations interested in providing

More information

A Texas Life Science Perspective. Thomas R. Kowalski President Texas Healthcare and Bioscience Institute

A Texas Life Science Perspective. Thomas R. Kowalski President Texas Healthcare and Bioscience Institute A Texas Life Science Perspective Thomas R. Kowalski President Texas Healthcare and Bioscience Institute 1 What is THBI? The Texas Healthcare and Bioscience Institute (THBI) is a non-profit, public policy

More information

Native American Trading Corporation BUSINESS INCENTIVES OPPORTUNITIES

Native American Trading Corporation BUSINESS INCENTIVES OPPORTUNITIES Native American Trading Corporation BUSINESS INCENTIVES OPPORTUNITIES Incentives for Economic Development On American Indian Trust Lands: An Investment Perspective The Business Incentives proposed by Native

More information

Promoting sustainable forest management and a competitive forest industry in Peru

Promoting sustainable forest management and a competitive forest industry in Peru Financed by ProMadera project Within the framework of the Contribution to the Environmental Objectives of Peru programme (ProAmbiente) Promoting sustainable forest management and a competitive forest industry

More information

MAJOR EQUIPMENT PURCHASE CONTRACT

MAJOR EQUIPMENT PURCHASE CONTRACT MAJOR EQUIPMENT PURCHASE CONTRACT CONSUMERS ENERGY COMPANY ONE ENERGY PLAZA JACKSON, MI 49201 ( Buyer ) ( Seller ) Date:, 20 Subject to the provisions of this Major Equipment Purchase Contract ( Contract

More information

Available Financing, Consulting and Grants to Small Businesses in Ontario

Available Financing, Consulting and Grants to Small Businesses in Ontario Available Financing, and Grants to Small Businesses in Ontario Apprenticeship Job Creation Tax Credit (AJCTC) Employment, Provides a non-refundable tax credit to help businesses offset the cost of hiring

More information

A guide for livestock farmers

A guide for livestock farmers VALE OF GLAMORGAN COUNCIL Legal, Public Protection & Housing TRADING STANDARDS UNIT FOOD & FEED HYGIENE A guide for livestock farmers CONTENTS Background 3 Food Hygiene 3 Animal Feed Hygiene 4 Registration

More information

Manuel Velazquez April 09 ID:# 14266336

Manuel Velazquez April 09 ID:# 14266336 Mexico: Certificate of Free Sale Page 1 of 5 Manuel Velazquez April 09 ID:# 14266336 Summary It is very important to know in advance the documents required by the Mexican Customs Agency to exports into

More information

Creating a Dual Ph.D. Degree Program between Oklahoma State University & Universidad Popular Autonoma del Estado de Puebla, Mexico

Creating a Dual Ph.D. Degree Program between Oklahoma State University & Universidad Popular Autonoma del Estado de Puebla, Mexico Creating a Dual Ph.D. Degree Program between Oklahoma State University & Universidad Popular Autonoma del Estado de Puebla, Mexico Kathleen D. Kelsey, PhD* and Maria G. Fabregas-Janeiro, PhD** *Oklahoma

More information

1.1 Self-employed professionals taxable income

1.1 Self-employed professionals taxable income Recepção Web version Update preferences Unsubscribe TABLE OF CONTENTS 1. PERSONAL INCOME TAX 1.1 Self-employed professionals taxable income 1.2 Per diem allowances 1.3 Rates, additional solidarity rate

More information

INFORMATION FOR OBSERVERS. Project: Compliance Costs for REACH (Agenda Paper 3)

INFORMATION FOR OBSERVERS. Project: Compliance Costs for REACH (Agenda Paper 3) 30 Cannon Street, London EC4M 6XH, United Kingdom Tel: +44 (0)20 7246 6410 Fax: +44 (0)20 7246 6411 E-mail: iasb@iasb.org Website: www.iasb.org International Accounting Standards Board This observer note

More information

What innovation support tools are available for ITC and e-business startups and SMEs?

What innovation support tools are available for ITC and e-business startups and SMEs? What innovation support tools are available for ITC and e-business startups and SMEs? Ilze Skrebele-Stikāne Project manager Project Development Division National Development Plan 2007-2013 Entrepreneurship

More information

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio COST / (SAVINGS) FUND FY 2011/12 FY 2012/13 Administration Fund $0 $0 General Fund $0 $0 Workmen

More information

Angel Loan Fund Program (ALF) Business Enrollment Application

Angel Loan Fund Program (ALF) Business Enrollment Application Program Requirements Angel Loan Fund Program (ALF) Business Enrollment Application All applicants must be certified as a Qualified Business through the Minnesota Angel Tax Credit Program (ATC). Application

More information

Section 8 Funding Options and Support Services

Section 8 Funding Options and Support Services Resources are not unlimited and it is therefore extremely important that the resources be spent on the most important projects. Prioritising projects makes implementation easier as it is possible to start

More information

Whenever there is a disaster or a humanitarian catastrophe, the UN is on the ground providing relief, support and assistance.

Whenever there is a disaster or a humanitarian catastrophe, the UN is on the ground providing relief, support and assistance. UNITED NATIONS HUMANITARIAN AND DISASTER RELIEF ASSISTANCE (UNHDR) NEWSLETTER Whenever there is a disaster or a humanitarian catastrophe, the UN is on the ground providing relief, support and assistance.

More information

MALAYSIA S GOVERNMENT PROCUREMENT REGIME

MALAYSIA S GOVERNMENT PROCUREMENT REGIME MALAYSIA S GOVERNMENT PROCUREMENT REGIME 1. INTRODUCTION The prime objective of the Malaysian Government procurement is to support Government programmes by obtaining value for money through acquisition

More information