8 measures that facilitate and accelerate production

8 measures that facilitate and accelerate production
  • 2020-10-31
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Deputy Minister of Industry: In order to achieve goals such as diversifying financing instruments, creating added value and creating more jobs, eight policies must be implemented.

According to the International Iranian Stone Exhibition, Saeed Zarandi stated: In order to achieve goals such as diversifying financing instruments and directing resources in society and the capital market to production, creating added value and creating more jobs in industry, mining and trade, we must 8 Implement the policy accurately.

Deputy Minister of Planning and Program Samat added: "The first case is the need to facilitate and expedite the process of listing companies on the stock exchange and over-the-counter and offering their shares." Tax exemption is also considered for the formation of project joint stock companies or other project fund policies.

He continued: "Facilitating and accelerating the issuance of the principled agreement of the Exchange Organization in the process of issuing debt securities, as well as facilitating or eliminating inquiries from the Central Bank in the bank guarantee for issuing debt securities are other things that must be done."

Zarandi said: "Facilitating the guarantee methods and making credit ratings operational for financing through the money market and the capital market is another policy that should be implemented."

Deputy Minister Samat added: "Another policy is to include VAT in the commodity deposit certificate only for the supplier of the goods and the final recipient (not the intermediate and multiple transactions of these securities" in accordance with Note 1 of Article 143 of the Tax Law. It's straightforward that we expect it to run faster.

He said: the implementation of the executive instruction of registration of conversion of commercial companies, the subject of letter No. 16624/33992 dated 23/2/99 of the Legal Vice President, is another requirement that must be implemented.

Zarandi stated: The last case is the amendment of the collective financing instructions, which should be included in the agenda for implementation.

Deputy Minister of Planning and Program Samat reminded: "We are constantly coordinating with chambers of commerce, the House of Industry, private sector organizations and associations and other related institutions, and I hope that by implementing these cases, we will see the facilitation of the country's enterprises."