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Institutional Presentation Appendix - WITSA

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Legal Environment Development<br />

Software Promotion Law<br />

• Who can access?<br />

IT Companies Requirements:<br />

• 50% minimum of the activities promoted<br />

• Quality Certifications<br />

• Export at least 8% of Total Turnover<br />

• Invest in R & D at least 3% of Total Turnover<br />

• How does the law impact on industry?<br />

• 70% labor taxes as a fiscal credit.<br />

• 60% Exemption income tax.<br />

• Fiduciary Fund of Promotion of the Software Industry (Fonsoft).<br />

© CESSI, 2012. Prohibida su reproducción<br />

9/5/2012 6<br />

total o parcial sin autorización.

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