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Law No. 10.640 providing for the Rio Grande do Norte Industrial Development Incentive Programme (PROEDI).

Country
Type of law
Legislation
Source

Abstract
This Law provides for the Rio Grande do Norte Industrial Development Incentive Programme (PROEDI). This Programme aims at promoting the development of industrial activity in the State of Rio Grande do Norte, through credits for Taxes on Transactions related to Circulation of Goods and on Interstate and Intermunicipal Transport and Communication Services (ICMS). The criteria for determining these credit percentages will be established in a regulation of this Law, considering aspects such as: I - location of companies; II - classification in industrial segments; III - generation of jobs; IV - monthly billing; V - acquisition of raw material in this State to be used in the production process; VI - investment, etc.
Date of text
Entry into force notes
This Law enters into force on the date of its publication.
Notes
This Law repeals State Law No. 7.075 of 17 November 1997.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Law No. 10.640 - Dispõe sobre o Programa de Estímulo ao Desenvolvimento Industrial do Rio Grande do Norte (PROEDI) e dá outras providências.