Reform of the Regulations for the Application of the Internal Tax Regime Law

Issued on April 22, 2021, Executive Order No. 1292 contains the following amendments to the Regulations of the Internal Tax Regime Law regarding the agricultural industry: Taxpayers devoted exclusively to local production of agricultural products will not be eligible for the microenterprise regime. The percentage of income tax withholding at the source for taxpayers engaged […]

12 elements you should know about the Data Protection Act

In its session No. 707, the outgoing National Assembly approved the Organic Law for Personal Data Protection with a vote of 118 in favor and one abstention. Here are twelve things you should know about the Data Protection Law. The Data Protection Law is divided into 12 chapters, 77 articles, 9 general provisions, 4 transitory […]

Reforms related to the promotion and attraction of investments

We have provided a summary of the most important changes to the following legal instruments amended by Executive Order No. 1295 of the President of the Republic on April 28, 2021: I. Executive Order No. 252, initially issued on January 11, 2018: Declaration of Investment Promotion and Attraction as a State Policy The Secretary General […]