1. What is the purpose of Desenvolve - Industrial Development Program for Economic Integration?
To offer financing to industries and agro-industries in Bahia that want to install a new
enterprise or to modernize its productive matrix.
2. What is the objective of the Desenvolve Program?
It objective is to complete and diversify on long-term basis the industrial and agro-industrial matrix of the state.
3. Which are the incentives offered by Desenvolve?
Are those concerning the payment of the ICMS, granting discounts, installment payments and the postponement of the debt
4. Which sectors are benefit by Desenvolve?
Industries and agro-industries that:
1. Intend to install new enterprises or expand, reactivate or modernize pre existent enterprises;
2. Vertical integration of the productive chain essential to the social and economical development, and employment and revenue generation in Bahia ;
3. * Technological Development and the assimilation of new technologies ;
4. Integration of the company into the into the community ;
5.Spacial dispersal and the formation of industrial densification in the regions with lesser economic and social development ;
6.Creation of new products and the reduction of the production cost;
7. Prevention against the environmental impacts of the projects as well as the relationship of the company with the environment.
5. What are the procedures for the investors to grant access to the fiscal benefits of the state?
Primarily the company will present an investment consult-letter to the Executive General Office of the Council, containing the basic information on the project, which must be in accordance with the model approved by the Deliberative Council of Desenvolve:
I. A request directed to the President of the Council requiring your habilitation ;
II. A full Project about the enterprise ;
III. A Deed Filed with the Commercial office of the constituent acts of the company as well as its last alteration.
6. What is a consult-letter and what it should content?
7. What is the procedure for analyzing the consult-letter by SICM?
The analysis of the project will abide the following procedures:
I. The executive office will verify the compliance with the rules analyzing the diverse technical aspects within 50 (fifty) days tops;
II. After the process is instructed and the analysis of the executive office is attached to it, the President of the council will pass it to one of their members who will have up to 10 days to deliver an opinion.
8. The Desenvolve program includes the textile sector or there is a specific incentive?
The program includes the industry as a whole as long as the project has as its aim the development of the state, however there is a specific program for the textile sector called Crédito Presumido.
9. Is there different taxes for different segments?
Different tax will apply accordingly to the rate of attachment to the project along with the matrix of industrial development of the state in accordance with the following indicatives below:
| Partial indicatives |
Discount percentage |
| Dispersal in relation to RMS |
20% |
| Developed economic activity |
15% |
| Job generation |
15% |
10. What is the incentive offered by Desenvolve to companies already operating in the state and/or that are under on going expansion process?
The incentive is the same to all companies. It doesn't matter if they are new industrial or agrindustrial enterprises or expansion, reactivation or modernization of industrial or agrindustrial already installed enterprises.
11. What is the evaluation criteria of Desenvolve in order to grant it to the company?
The deliberative council from Desenvolve is going to analyze the investment consult-letter, which must be in compliance with the objectives of the program. (see question # 02).
12. What is the postponement offered by for the payment of the ICMS and what is the dead line?
It can be granted a postponement of 72 months for the payment of 92% of the debit balance of the ICMS.
The period and percentage of payment will be defined in accordance with the index of attachment of the project to the industrial development matrix of the state according to indicatives:
I. Repercussion of the project into the direct and indirect job generation as well as into the revenue multiplication;
II. The spatial dispersal capacity of the industrial densification favoring on the regionalization of the development;
III. Vertical integration of productive and commercialization chains including abroad;
IV. Vocation towards the regional e sub-regional development especially in the poorest regions;
V. Technological development level of the productive and assimilation of new technology processes;
VI. Responsibility of the company towards the aspects of social interest of the community in which it wants to actuate;
VII. Prevention of the environmental impact of the project and its relationship to the environment.
The discount percentage in relation to the indicatives may vary from 15% to 20% (see question 09 chart).
13. If the company has already been beneficiary of other fiscal incentive program excludes the possibility of Desenvolve benefit?
No. The Deliberative council will analyze the compatibility of program and company...
4. What is the duration of the incentive?
1
The duration of the incentive is twelve years in classes I and II and 10 years if the company is placed into class III.
15. What is the criteria to determine the date of the payment of the ICMS and which are the interest applied upon delayed payments?
The payment of the ICMS will obey the effective norms of the tax legislation. For tax installments that the dead line had been postponed they will be collected until the 20th day of the dead line month. If one the ICMS is not paid for three months in a roll or six randomly the incentive will be automatically suspended. They will be entitled to receive the incentive again as soon as the situation is regularized.
16. For a company that only mounts the equipment in our state how is it launched the deferral of the ICMS? The company should declare it upon the deliver or the exiting of the ready equipment?
*Concerning the domestic operations of extractive and agricultural input supplying the tax is charged when the exiting of the manufactured product for the other when entering.
17. What is the exemption offered to the enterprise in case it receives products from abroad destined to the fabrication of informatics, electronic and telecommunication products when installed at the Industrial District of Ilhéus?
The input is received with deferral. The ICMS will be paid when the selling of the manufactured product. Regarding the Informatics, electronic and telecommunication sectors the company will not pay the ICMS for they are entitled to a credit in the same order of the debt.
18. Where to look for financing for the civil engineering works and what are the limits including for expansion?
19. What is Finor ( Northeast Investment Fund), and what type of financial support is destined to the enterprises sponsored by it.?
It is a financing line managed by UGFIN (Investment Funds Management) and operated by Banco do Nordeste having its stock shares are presented by investment certificate and negotiated in the stock exchange. FINOR has as its main objective to offer financial support to enterprises intending to install or expand its actuation in the Northeast, North of Minas Gerais and Jequitinhonha Valley, and North of Espírito Santo.
20. What is presumed credit and what are the offered advantages?
The Presumed credit is a fiscal incentive offered by the state to specific sectors (chosen by the state, which believes are essential for the industrial development), which substantially reduces the ICMS due to be paid thus the state grants a "presumed" credit up to 99% and the company only pays 1% of the tax due.
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