iconannual 2015 - The European Business and Investment Magazine

El Salvador
Greetings
Our congratulations for
organizing iconvienna 2015!
H. E. Carmen María Gallardo Hernández
Ambassador of El Salvador to Austria, Slovak Republic,
Hungary, Romania, Bulgaria and Croatia
E
l Salvador highly appreciates this opportunity to
be present in this successful business platform for
knowledge transfer and international network.
The Embassy of El Salvador in Vienna is fully
convinced the spirit of iconvienna “make contacts
to contracts” starts by getting a better knowledge of our
countries through tourism, culture and business. As
Ambassador to Austria, Hungary, Slovak Republic, Bulgaria,
Romania and Croatia I would like to extend an invitation
to explore together business opportunities and
potential commercial partnerships.
Get to know El Salvador! During the past years we
have made important effort to renovate and modernize
our system of incentives; we have led towards a legal
and institutional framework that provides greater certainty
and predictability to foreign companies.
Worldwide companies in aeronautics, electronics
and synthetic textiles industries among others have
been operating in El Salvador achieving high return
rates on their investments. The Salvadoran labor force
is world famous for its industriousness efficiency and
work ethic. We are a cost-competitive cost country to set
up and operate a business.
In 2001 El Salvador dollarized its economy therefore
it offers greater certainty to investors as a result of the
elimination of foreign exchange risk and lower transaction
and financial costs. El Salvador infrastructure is
one of the most competitive in Latin America. Port facilities,
airport and road infrastructure enable efficient
logistical operations. We offer advanced telecommunications
and electricity markets which guarantees access
to high quality and competitive services.
The country legal framework provides full exemption
from income tax, municipal taxes on transfers
of real estate property as well as customs duties
and taxes on the import of machinery, equipment,
raw material and other articles in use of production of
goods and services. Multiple trade agreements provide
preferential access to more than 45 countries around
the world. We are part of the Agreement for a Single
Central American Visa for Free Mobility of Foreigners.
El Salvador geographical location enables convenient
access to major cities in the US and South America while
connecting easily with Europe. Our proximity of the
Transpacific Maritime Route and the Panama Canal give
to El Salvador a privileged position in the hemisphere.
PROESA is El Salvador´s Export and Investment
Promotion Agency. It is a governmental institution
responsible for export promotion, investment and
public-private partnerships. Contact PROESA to look
for business opportunities as well as advisory and
Technical Assistance: inversiones@proesa.gob.sv
www.proesa.gob.sv
El Salvador’s coffee is ranked as number one in the
region, you should taste it! Think of setting up and operating
a business in El Salvador it can be a success
story! Enjoy our landscape, typical food and
friendly people!
Foto: Embassy of El Salvador
The European Business and Investment Magazine iconannual 39