Tax Law, Corporate Law and Compliance
TAXATION "START-UPS" - GOOD NEWS Autor: Paola Masi Celiberto OAB/RS 55.418 Advogada da ÁreaTributária e Societária da Scalzilli.fmv
Was approved by the Economic Affairs Committee - CAE Bill 321/2012 , authored by Senator José Agripino - DEM- RN , Establishing the System of Special Treatment to New Technology Enterprises ( SisTENET ) , called " Start- Ups " .
The bill is designed to benefit those companies that have quarterly gross revenue of up to thirty thousand dollars and a maximum of four employees , constituting the capital donations from individuals or legal entities , public or private ; financing from public and private entities , or grants from public or private entities to foster innovation and entrepreneurship .
According to the lawyer Paola Masi Celiberto , Area Tax and Corporate Office Scalzilli.fmv Advogados Associados , the project aims to promote the IT industry in the country , attracting mainly young people to turn good ideas into profitable businesses , as happened in the U.S. with Google , Facebook , Twitter , which have emerged as " start- ups " .
Among the benefits of the project , there is a temporary and total exemption from all federal taxes .
The company will remain in the system for up to two years and may be renewed period , if it remains framed in the law . Otherwise , you can opt for Single National .
