The most notable of these amendments were the follows: .. Goods and services exported by projects of economic zones to free markets abroad, or received by said free markets, are subject to (zero) Tax. .. Commercial and Administrative units are now subject 1% VAT instead of 14% .. Seven types of advertisement are exempt from VAT, most notably are media advertisements or public safety announcements, and advertisements for employment .. Every non-resident and non-registered person who sells goods or performs taxable services to register in the simplified registration system.
Source: andersen.com
