|
IQ Investment Incentives enable clients to obtain the maximum benefits and refunds from government and Department of Trade and Industry (DTI) incentive programmes Enterprise investment programme (EIP)We ensure that our clients receive the maximum benefit from investment incentives offered by the Department of Trade and Industry. Investment incentives offer a tax free cash grant to manufacturing and tourism related enterprises within South Africa. These enterprises may be new or undergoing significant expansions of their operations. Delivered by IQuad Investment Incentives and IDEC ConsultingMotor industry development programme (MIDP)We ensure that our clients receive the maximum benefit from the MIDP, an incentive offered by Department of Trade and Industry to promote exports through the issue of of Import Rebate Certificates (IRCCs) to the manufacturers of automotive components, tooling and motor vehicles. The IRCCs entitle the beneficiary to import motor vehicles, components or tooling to the value of the IRCC duty free. Delivered by IQuad Global Trade Solutions and IDEC ConsultingTrading of import rebate credit certificatesIRCCs (Import Rebate Credit Certificates) earned through the MIDP programme entitle the holder to import motor vehicles or automotive components duty free. IRCCs are tradable instruments and may be ceded from one party to another. We provide a platform that allows for the anonymous, secure and orderly trading of IRCCs. Delivered by Export Credit ExchangeProductive asset allowance (PAA)We administer this incentive geared towards first tier automotive component manufacturers supplying Original Equipment components to motor vehicle manufacturers. Incentive benefits total 20% of qualifying investment payable over a five year period in the form of a duty credit certificate to offset import duties on built up vehicle imports. Delivered by IQuad Investment Incentives and IDEC ConsultingTextile and Clothing Industry Development Programme (TCIDP)We administer the Textile and Clothing Industry Development Programme which has the objective to influence and encourage textile and clothing manufacturers to compete internationally. Specialisation in export products is encouraged whilst the participant’s domestic product range can be broadened by importing additional goods duty free, using the duty credit certificate. Participation in the TCIDP is linked to a Training and Development Requirement. Delivered by Idec ConsultingExport Marketing and Investment Assistance Scheme (EMIA)We assist clients with benefiting from the EMIA scheme the purpose of which is to partially compensate exporters for costs incurred in respect of activities aimed at developing export markets for South African products and services and to recruit new foreign direct investment into South Africa. Delivered by IQuad Investment Incentives |
