Minas Gerais Incentives
Minas Gerais offers innovative solutions for companies seeking to invest for expanding the state, With incentives covering sectoral tax treatment, funding options, professional training, and much more.
For more information, complete the form below or contact us via the site chat.
State VAT (ICMS) incentives
Reduced costs and increased competitiveness.
Key solutions:
Industry
+60 sectoral tax treatments
Trade imports
import corridor
Granted ICMS credit:
Companies from across all sectors in Minas Gerais may use up to 60% of incremental ICMS – the difference between the tax due in the calculation period, and the tax due in the same period of the financial year prior to concession of the benefit – for roadworks in the public interest.
Distribution centres
linked to industry
Northeast MG Development Office (SUDENE) region:
Exemption from Corporate Tax (IRPJ) for up to 10 years under the Digital Inclusion Program.
75% IRPJ reduction for up to 10 years for new enterprises
Reinvestment of 30% of IRPJ
To find out more about any of these programs, contact one of our consultants via the chat or by completing the form available here.
Funding
Invest Minas connects companies with financing solutions, particularly the MG Development Bank – BDMG, our main partner.
Read about the key characteristics of credits offered by each partner:
Minas Gerais Development Bank (BDMG)
The Bank offers several credit solutions for:
Bank of the Northeast
This Bank uses resources from the Northeast Constitutional Financing Fund (FNE) to finance long-term projects, working capital, and funding across several areas:
To find out more about any of these programs, contact one of our consultants via the chat or by completing the form available here.
Human Resources
The program Pathways of the Future (Trilhas de Futuro) offers tailor-made educational programs to prepare qualified professionals and improve employment capacity among the population. In liaison with the State Education and Social Development Departments, Invest Minas identifies the needs of companies to set up training programs.
Find out more about the key indicators of this program:
Editions 1 and 2:
in 2023
Innovation
Minas Gerais supports companies in innovation projects. Invest Minas puts you in touch with the best tools
COMPETE MINAS (FAPEMIG)
Economic subsidy for processes of innovation for companies or scientific & technological institutions (STIs);
Economic subsidy for innovation processes in companies or STIs;
First call: BRL 100 million in available funds;
Co-financing: 10%;
EMBRAPII
Partial financing for innovation projects between companies and universities, and innovation in companies or STIs;
Possibility of funding up to 50% of projects with non-reimbursable funds
+ R$ 10.7 million
BDMG
BDMG Pro-Innovation: + R$ 50 million Inovacred (partnership with Federal Government Project & Research Funding – FINEP)
Pro-Innovation:
+ R$ 50 million
Inovacred (partnership with FINEP):
+ R$ 500 million
Infrastructure
Investments in public infrastructure to increase the competitiveness of companies may be reimbursed with State VAT (ICMS) credit.
Invest Minas will guide you through the process.
Any questions?
Contact us via the form below!
