São Paulo, June 9, 2020 - The new Computer Law (Law 10,969 / 19, based on Law 8248/91), was recently enacted by the government through a provisional measure to meet the requirements of the World Trade Organization (WTO). To adapt to the requirements of this body, the government created a system of tax credits, which would be received based on investments in RD&I. With the publication of the regulated decree (Decree 13.356 / 20 of May 2020), the Law comes into force in its entirety.
"If before the incentive was granted through an IPI rate on the sale of a product, now the incentive will be transferred to the company through federal tax credits, based on the amount of R&D investment made by the company", explains Rodolfo Fücher, president of ABES - Brazilian Association of Software Companies, which has among its members two thousand companies in the segment of software and technology services in Brazil.
Among the objectives of ABES, is to ensure a business environment conducive to innovation. And, in view of the publication of the new Law and its Decree, businessmen and industrialists in the sector raise a series of questions about how this will impact the future of the market in the post-pandemic period. Therefore, in order to debate the issue and answer questions, ABES, in partnership with ABGI - a consultancy specializing in tax incentives, development, processes, innovation and financial management, invited representatives from the Ministry of Science, Technology, Innovations and Communications (MCTIC) to talk about the impacts of this legislation update for the market.
"With several changes in the Law, it is natural that doubts arise about how a new Decree will be implemented and in particular how Software developments, common in the execution of R & D & I counterparts, may be of interest to the Software sector", says Vanda Scartezini, Director and Counselor ABES and the mediator of the online event.
The webinar will take place on June 10, at 2:30 pm. Registration is free and available on the website http://www.sympla.com.br/ABESSOFTWARE.
For this virtual conversation wheel, the following will be present:
Hamilton José Mendes da Silva, General Coordinator of Science, Technology and Digital Innovation at the Ministry of Science, Technology, Innovations and Communications (MCTIC);
Henrique de Oliveira Miguel, General Coordinator for Stimulating the Development of Innovative Businesses at the Ministry of Science, Technology, Innovations and Communications (MCTIC);
Maria Carolina Rocha, CEO at ABGI Brasil;
Maurício Pereira Costa, Contract Administration Manager and Manager of the WEG Informatics Law.
Vanda Scartezini, Director and Board Member of ABES.
SERVICE:
New Times Webinar: Computer Law, a debate on the new decree
Date: June 10
Hour: 2:30 pm
Registrations: http://www.sympla.com.br/ABESSOFTWARAND
About ABES
ABES, Brazilian Association of Software Companies, aims to contribute to the construction of a more digital and less unequal Brazil, in which information technology plays a fundamental role in the democratization of knowledge and the creation of new opportunities for all. In this sense, it aims to ensure a business environment conducive to innovation, ethical, dynamic and globally competitive, always aligned with its mission of connecting, guiding, protecting and developing the Brazilian information technology market.
Since its foundation in September 1986, ABES has sought to be relevant to its associates and a national and international reference in the technology sector. Currently, the entity represents approximately 2 thousand companies, totaling around 85% of the software and services segment revenue in Brazil, distributed in 23 Brazilian states and the Federal District, responsible for the generation of more than 205 thousand direct jobs and an annual revenue of the order of R$ 61 billion in 2018.
Access the ABES Portal – http://www.abes.org.br or contact the Relationship Center: +55 (11) 2161-2833.
ABES - Press contacts:
Weber Shandwick Brasil - abes@webershandwick.com
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