- The Ministry of Economy and Finance issued guidelines for tax refunds in special economic zones
- Resolution No. 014-25 regulates economic, tax, customs, and other incentives for SEZs
- Resolution 015-25 outlines limits for tax incentives
- Rules and procedures for tax refunds are effective immediately
- Participants must obtain a semiannual compliance certificate from SUNAZEE
- A Certificate of No National Production is required before importing
- Participants can receive 100 percent reimbursement of customs duties for imported inputs
- Beneficiaries receive incentives from the date the economic activity agreement is signed
- From the 7th year, beneficiaries must maintain an export level of at least 60 percent
- Requirements include compliance certification and up-to-date tax obligations
- Tax reimbursement requests must be submitted within 30 days of certain actions
- Reimbursement amounts are determined within three months of request receipt
- Corrections must be made within five days if requested
- The National Treasury Office must reimburse the approved amount within seven working days
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
