The motivation to incoporate laws by Flavio Maluf
Flavio Maluf is the president of Eucatex which is an environmentally friendly company. He ventured into the business due to his love for nature and believed it should be conserved for a better future and life. His education paved the way for him to work with several companies to explore his skills and knowledge.
He shares the view that starting and growing a business in Brazil is not easy. The reason behind the difficulty is due to the high taxation awarded to the various business ventures. However, the introduction of Fiscal Incentive Laws came as a relief. It purposes to help companies thrive and create a positive image for the society. Visit on his twitter for latest updates.
Therefore, different companies get to use the same amount they were to apply for tax and redirect it. The redirection is in various projects which touch on numerous aspects of a society such as the social projects, cultural, technological and health projects among many others. These projects assist the growth of both the society and the different business ventures.
Maluf supports the incentive laws as they help to create a right image of a given company. It also ensures the markets broaden as it undertakes the various projects. Moreover, the people get to trust the companies in the region as they get direct assistance from them boosting growth.
Besides, Flavio Maluf shares on the various types of incentives present. One of them is the regional incentive law which is awarded to companies so that they can create projects in the given region. It helps the various areas to grow as many employment opportunities are created, and the company gets to build.
Moreover, Flavio Maluf points out the incentives given by the public administration. These are the incentives that are assigned to specific companies so that they can venture to specific economic activity. They purpose to assist the growth of the companies and the economy. They come in different forms such as reduction and compensation.
Furthermore, Flavio Maluf supports the idea of incentives law as a channel for growth for any business. It helps a person grow and improve their standards which applies to the companies and the country in general.