Friday, June 12, 2020

Pronampe: to have credit, companies will not be able to fire for up to 3 years

Companies that do not have the accounts up to date with the Irs, referring to the year 2019, will not be able to access the credit of the National Program to Support Micro and Small Enterprises (Pronampe), detailed on Wednesday (10/09) by the federal government. In addition, those who have access to the value will not be able to dismiss employees for as long as the funding lasts plus another two months. The maximum term for payment of the credit is up to 36 months. Law No. 13,999/2020, which creates pronampe, was published in the Official Gazette on May 19. The goal, according to the government, is to secure resources for small businesses and maintain jobs during the pandemic of the new coronavirus in the country. "This means, yes, the recognition that credit is directed to those companies that met their tax obligations in 2019 to regularly deliver their statements. Making a separation, it is clear that those companies that did not present their statements in 2019 will not rise to the credit line of Pronampe", said the Special Secretary of the Internal Revenue Service, José Barroso Tostes Neto in an interview at the Planalto Palace. In addition to being up to date with the Revenue, other obligations for the companies are linked to credit adherence. One is that the company will not be able to fire employees for up to two months after the payment of the last installment of the loan, which has a term of 36 months to be paid. According to the Secretary of Productivity, Employment and Competitiveness of the Ministry of Economy, Carlos Da Costa, this deadline is considered short, compared to the deadline for the payment of installments. "This is a line for companies to resume operations. It is different from the previous lines whose purpose was to maintain employment. Therefore, Congress predicted a maintenance of employment for 60 days, although the re-payment has much more time, including with a grace period of 8 months," the secretary said. The government announced that Banco do Brasil is already ready to operate the program's credit line so far. Without agreement with the economic team, 12 other institutions are enabling themselves to operationalize the credit line. The government did not want to disclose the name of these banks, however reported that 3 such institutions are large. Costa said that in the coming hours, he hopes that institutions can already be plugged into the system that will be managed by Banco do Brasil. "This is a moment of joint work of the institutions participated in the whole process of construction of this product," said the secretary.
Metropoles - 02/06/2020 News Item translated automatically
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