Flavio Maluf is a great entrepreneur who owns one of the environmentally friendly companies in Brazil. Having a surrounding that favored his growth, he has paved his way to greater heights through ambition. His experience and knowledge made it easier for him to manage and run Eucatex which is an exporting company. View flaviomalufofficial.com
However, for any company to develop and grow in the country, it is difficult due to the taxes presented by the government. The charges provided are of high rate making many companies stagnate at one point or grow at a prolonged rate. Therefore, Flavio Maluf sees the venture of Fiscal Incentive Laws as a great economical solution.
Fiscal Incentives allows the investors in different companies to be productive by directing some value required for tax into ventures that are beneficial to the society. They get to ventures of various aspects such as social projects, cultural, health and technological projects in nature. Therefore, different companies get to use their potentials to the fullest through the projects.
Moreover, through the various projects, many companies get the opportunity to improve their image as well as improve their standards. According to Flavio Maluf, to the companies involved in the incentives, the get the privilege to give back to the society and educate the community in different dimensions. On the other hand, the companies get to advertise and broaden their market in the country.
There is also the public administration which grants incentives to specific companies depending on their venture. The incentives come in different forms such as tax reduction, exemption, and compensation among many others. Through these incentives, companies get the chance to expand and create more employment opportunities as well as venture into other sectors which are yet to be maximized entirely such as agriculture.
Flavio Maluf sees the incentives as a great venture for any developing company. The reason for his support is because for any company to join the incentives, it has to be making profits. The motives are, therefore, a great channel for the community and the country in general. This is because the economy grows to greater heights as the community develops to better standards.