Mozambique-US Chamber of Commerce proposes tax overhaul to improve business activity

Câmara de Comércio Moçambique–EUA propõe revisão fiscal para melhoria da actividade empresarial

The Mozambique-USA Chamber of Commerce (CCMUSA) advocates a review of the current tax framework, with a focus on VAT and IRPS, in order to bring it into line with the region's standards and make it more favorable to business activity in the country.

CCMUSA's proposal was presented this Wednesday (08), during a meeting with the Office of Reforms and Strategic Projects (GRPE), which aimed to share business concerns and present concrete proposals for improving the business environment in Mozambique.

On the occasion, the president of CCMUSA, Onório Manuel, thanked the organization for the opportunity, considering the dialogue an important moment for entrepreneurs to see their wishes reflected in legislation and public policies.

Onório Manuel also proposed that the government reduce the number of police checkpoints, particularly in city centers, in order to improve urban mobility and the experience of tourists; and reduce the bureaucracy of company legalization processes, in order to facilitate the creation and operation of new businesses, especially SMEs.

In addition, CCMUSA suggests to the Mozambican Executive the creation of productive and commercial units in communities and districts, as an alternative to reinforcing the presence of courts in rural areas, betting on local economic development as well as encouraging the local production of goods and content, promoting internal partnerships and reducing dependence on imports of products that can be produced nationally.

The CCMUSA delegation present at the meeting was made up of the Board of Directors, representing the following institutions: MozParks, Técnica Engenheiros e Consultores, Moza Banco, Cambule and Américo, as well as members who were accompanied, namely MDR, Brithol Michcoma, Midal Cables and Raxio Data Centre, reaffirmed "its willingness to continue collaborating with the government and other relevant institutions in building a more competitive, transparent and inclusive business environment for all economic players".

For his part, the GRPE Coordinator, João Machatine, expressed his openness to receiving the proposals presented and evaluating them within the framework of the reforms underway.

João Machatine also reiterated "the government's commitment to listening to the various economic players, in a participatory approach to implementing viable institutional reforms that are easy to apply and capable of boosting economic growth and attracting investment".

 

(Photo DR)

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