[FCZ]

I believe Natal really needs a boost, and that may come with the free zone (ZPE). I have been out of this forum, so I don't know if someone post it, but it was approved. Nothing comes easy, so I have good and bad news, which one you want hear first? Louder, I cannot hear you, Huh? Ok, the bad one:
Firms locating in the free zones will be exempt from most taxes, but not the corporate income tax (the main one), not automatically at least. Firms will be required to apply to exemption with the Developments Banks of North and NE (SUDAM & SUDENE), and then, if approved, get it. I believe this was a trick to kick the ZPEs from South of Brazil (relatively rich part, where I’m from) from receiving the benefit, because there are no such banks in the South; speculation tough.
The good one: Firms can sell up to 20% of everything to the domestic market, even after receiving the tax exemptions; that is a good attractive for firms to locate in the ZPEs. Now is a matter of wait and see how they will justify the Corporate tax breaks with SUDAM and SUDENE.
P.S: most NorthEast states have ZPEs, but they are not working.