Promoted by the Undersecretary of Economic Development through investBA, Investment & Trade Promotion Agency and the ENTUR, the Law, brings tax credits for the hospitality industry, to promote investment, job creation and consequently the economic development of the City.
Through tax incentives to the local hotel sector, the Law presents a system of incentives to encourage the development, remodeling and upgrading of the existing hotel square:
For new establishments: up to 27.5% of the investment.
For existing establishments: up to 60% of the investment.
In each case, the invested sum will be computed on the local turnover tax of the establishment.
In this way, we seek to be the gateway to Latin America by targeting more demanding tourism and attracting investors who had not yet focused on the City.
For more information about how to apply: firstname.lastname@example.org