Decree 29-89 tax benefits for apparel
- Manual: opening a garment factory
- The 29-89 regime: benefits and qualification
- Audited
Full exemption from corporate income tax (ISR) for ten years, "counted from the date of notification of the resolution granting qualification", plus temporary suspension of import duty (DAI) and VAT on imports of machinery, raw materials and inputs (art. 12 bis of the consolidated text published by the tax authority (SAT), verified in the 2026-08-22 audit). Since Decree 19-2016 the benefits apply "exclusively to the apparel and textile industry" (chapters 50–63 of the Harmonized System) and to ICT services provided by call or contact centers — the only two sectors that keep the regime. A company enjoying the ISR exemption under 29-89 also pays no solidarity tax (ISO) (art. 4(d) of Decree 73-2008, verified in dossier 03).
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- Income-tax (ISR) exemption
- 100% for 10 years from notification of the qualification
- Eligible sectors after Decree 19-2016
- apparel/textile (HS ch. 50–63) and ICT/call centers
Sources
Related records
This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.