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Municipal Investment Incentives

Municipal Investment Incentives. Lic. Miguel Velasco Bustamante Secretario de Desarrollo Económico. Municipal Incentives.

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Municipal Investment Incentives

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  1. Municipal Investment Incentives Lic. Miguel Velasco Bustamante Secretario de Desarrollo Económico

  2. Municipal Incentives Municipal Incentives represent savings in the payment of municipal taxes and duties tax which are offered to companies which invest in the acquisition of land and in the construction of their own facilities. Incentives are offered for new companies as well as for those which have an expansion project with new jobs .

  3. Incentives granted to Prime Wheel

  4. Fiscal Incentives • Fiscal incentives consist in her following tax savings: 1) Property Tax. 2) Property Acquisition Tax (ISABI). • Savings in the payment of municipal duties for services such as: 1). Zoning, operating and construction licenses. 2). Fire Department certification. 3). Environmental Protection certification.

  5. Incentives granted to InziDisplay

  6. Evaluation of Investment Projects Projects are evaluated on a point basis : • The number of jobs offered & Salary level • Educational partnerships. • Amount and source of the investment • Supplier development • Research & Development • Investment in innovation projects for environmental protection • Treatment and reuse of wastewaters

  7. Percentages of savings If the valuation of the investment project reaches: Points Savings 15 to 35: 25% 36 to 75: 50% 75 + : 75%

  8. Incentives granted to Hyunday Translead

  9. Incentives granted by the City of Tijuana as of October 23, 2012. • Amount: Beneficiary: Jobs: • (US Dollars) • $150,000 Prime Wheel 900 • $17,270 Inzi Display 550 • $102,734 Plantronix 100 • $12,000 Torre Canela 100 • $22,000 Hyundai 300 • $306,004 1950

  10. For additional information Rafael Solorzano Secretaria de Desarrollo Económico de Tijuana Palacio Municipal, Tercer Nivel Av. Independencia No. 1350 Zona Río, C.P. 22320, Tijuana, B.C. Phone. (011-52-664) 973-7036 Fax. (011-52-664) 973-7037 Mail: sedeti@tijuana.gob.mx Web: sedeti.tijuana.gob.mx

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