Frequently asked Questions on theTax Incentives within the Scope of Industrial Policy
No, applicants can write up their application forms personally.
Not necessarily, the duly filled in application may be handed in by another person to the Economic and Technological Development Bureau, or sent in by mail.
No, it isn’t.
Essentially, after applicants hand in their fully filled in applications and necessary documents, they must wait for the notification of the results of the evaluation carried out by Economic and Technological Development Bureau. In the meantime, during the evaluation period, Economic and Technological Development Bureau may request other information and documents, depending on the case.
Generally, the application for the tax incentive must be submitted prior to starting the investment plan (installations, extensions, reorganization or re-conversions).
If the application procedures have been stopped for more than 6 months due to fault attributable to the interested parties, then the relevant application procedures will be cancelled. For example, if there are any insufficiencies or irregularities on the applications for the Tax Incentives within the Scope of Industrial Policy, the applications will be cancelled if there is no response to the above mentioned situations within a period of six months by the applicants.
The entire text can be downloaded through the Website: http://www.io.gov.mo
”C.A.M.-Rev.1 Section D” refers to the “Manufacturing Industries” and the Classification of Economic Activities (CAM), which was approved under Decree-Law No. 55/97 M of the 9th of December and may be downloaded the website: http://www.io.gov.mo
Not necessarily. The authorized department may concede, depending on the cases, in total, or in part, the requested benefits.