For the past few years, entrepreneurs have been having a difficult time in keeping their businesses afloat. This is due to the high tax rates imposed on businesses by the Brazilian government.
Flavio Maluf however, stresses that there are tactics that may help avert this crisis and provide the entrepreneurs with a good environment to do run their businesses.
One of these tactics proposed by Flavio Maluf is providing the business owners with incentives. In line with the provision of incentives, the government came seeks to introduce the Fiscal Laws incentives.
They are aimed at directing some of the taxes that companies pay to projects stipulated in those laws. Scientific research, health, and social programs are some of the projects that are highlighted in the proposed Fiscal Law Incentives. The government seeks to foster social and economic development through these laws.
Eucatex Companies President, Flavio Maluf, stresses that the main benefit of the tax incentive law is to enable companies to gain a good public image. Companies can achieve this by tagging their name with a social, cultural, sports program. View crunchbase.com to learn more
Entrepreneurs should also note that there are regional tax incentives in Brazil. Regional tax benefits are offered to companies that are put up in certain areas in Brazil. One of these regions is the Manaus Free Zone.
Additionally, Flavio Maluf explains that there are incentives granted to certain firms in a particular industry, which are designed to grow a particular economic activity or industry. As the President of Eucatex, Flavio Maluf comes up with innovative strategies to take the company to the next level.
One of these methods include the acquisitions of other firm’s assets. Under Flavio Maluf, the firm has been able to acquire an operating plant in Botucatu in exchange for its own farm in Capao Bonito.
Flavio Maluf is a skilled businessman and the President of Eucatex. Founded in 1951, Eucatex is a firm that specializes in building wooden paints and panels. With time, Eucatex evolved into one of the biggest manufacturers of building materials in South America.
Flavio Maluf attended the Armando Alvares Penteado Foundation and graduated with a degree in mechanical engineering.He worked tirelessly to climb up the business ladder as he gathered enough experience to tackle any challenges that came his way. Flavio Maluf’s hard work eventually paid off when he rose to the position of President of Eucatex.
Learn More: https://pt.wikipedia.org/wiki/Fl%C3%A1vio_Maluf