{"id":2914,"date":"2019-05-05T13:15:51","date_gmt":"2019-05-05T16:15:51","guid":{"rendered":"http:\/\/www.abrazpe.org.br\/?p=2914"},"modified":"2019-05-05T13:15:51","modified_gmt":"2019-05-05T16:15:51","slug":"jamaicas-transition-from-free-zone-status-must-wrap-up-by-december-2019","status":"publish","type":"post","link":"https:\/\/www.abrazpe.org.br\/index.php\/2019\/05\/05\/jamaicas-transition-from-free-zone-status-must-wrap-up-by-december-2019\/","title":{"rendered":"Jamaica&#8217;s transition from free zone status must wrap up by December 2019."},"content":{"rendered":"<p class=\"estimated-read-time\">Tempo de leitura:<small> 1 minuto<\/small><\/p> \n<p>The Jamaica Special Economic Zone Authority (JSEZA) is urging companies operating under a free zone regime to transition towards a newly established special economic zone (SEZ) regime.&nbsp;&nbsp;The transition has to wrap up by December, the JSEZA wrote in an ad published on the&nbsp;<em>Sunday Gleaner<\/em>&nbsp;newspaper on April 7.&nbsp;<\/p>\n\n\n\n<p>The measure follows up on the Special Economic Zones Act passed in 2016, which replaced a previous free zone law that had to be phased out to comply with international rules against exports subsidies.&nbsp;<\/p>\n\n\n\n<p>Free zone operators, which currently pay no corporate tax, will be subject to a 12.5% corporate tax rate as they switch to an SEZ regime.&nbsp;There are no taxes on dividends and rental of property within the SEZ, and tax credits are issued against funds spent on research and development, up to a maximum 10% of taxable income.<\/p>\n\n\n\n<p>At the same time, to access the tax incentives that are still available even under the SEZ regime, developers must have minimum paid-up capital of $1.5m, while the occupants of a designated SEZ must have $25,000 of paid-up capital. Besides, companies will have to pay a non-refundable fee of $3000 for developers and $1500 for other occupants to access the SEZ regime. From then onwards, SEZ companies will be required to pay an annual fee of $0.20 per square foot of building space and $0.05 for non-building space.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.fdiintelligence.com\/Locations\/Jamaica-transitions-to-special-economic-zone-status\">Leia mais<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><small> 1 minuto<\/small> The Jamaica Special Economic Zone Authority (JSEZA) is urging companies operating under a free zone regime to transition towards a newly established special economic zone (SEZ) regime.&nbsp;&nbsp;The transition has to wrap up by December, the JSEZA wrote in an ad published on the&nbsp;Sunday Gleaner&nbsp;newspaper on April 7.&nbsp; The measure follows up on the Special Economic Zones Act passed in 2016, which replaced a previous free zone law that had to be phased out to comply with international rules against exports subsidies.&nbsp; Free <a href=\"https:\/\/www.abrazpe.org.br\/index.php\/2019\/05\/05\/jamaicas-transition-from-free-zone-status-must-wrap-up-by-december-2019\/\" class=\"more-link\"><span>Continue lendo<\/span>\u2192<\/a><\/p>\n","protected":false},"author":4,"featured_media":2915,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["entry","author-adm_hb2018","post-2914","post","type-post","status-publish","format-standard","has-post-thumbnail","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/2914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/comments?post=2914"}],"version-history":[{"count":1,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/2914\/revisions"}],"predecessor-version":[{"id":2916,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/2914\/revisions\/2916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media\/2915"}],"wp:attachment":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media?parent=2914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/categories?post=2914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/tags?post=2914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}