ANNOUNCED AS TEMPORARYNo
FDI: Financial incentive
Article 23 of the Constitutional Law of Productive Foreign Investment issued by the National Constituent Assembly of Venezuela on December 29, 2017, establishes that the new rules concerning this law will incorporate tax exemptions for investors.
In addition, this article also contemplates other financial incentives such as accelerated amortizations and special credit conditions.
Moreover, the Constitutional Law of Productive Foreign Investment also contemplates the possibility of incorporating import duties exemptions.
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