SMEs
Government clarifies SME tax dispute in megarreforma deal with PDG
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One week after initial PDG meetings on President José Antonio Kast's megarreforma, his government clarified that the new deal with the Partido de la Gente (PDG) to approve the Reconstrucción Nacional megaproyecto excludes the promised 12.5% SME tax rate—for a future bill—sparking brief backlash before resolution. Tensions persist with the Partido Nacional Libertario.
Banco W projects granting over $100 billion in microcredits to Mipymes in Colombia during the 2026 World Cup.
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Recent data from South African small business reports point to improving conditions for SMEs, driven by stable electricity and easing inflation, though funding challenges remain. Confidence in growth has edged higher while vulnerabilities persist.
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), met with Amr Abdel Moneim, CEO of the Upper Egypt Development Authority, to bolster institutional cooperation and economic development in Upper Egypt governorates. Discussions centered on fostering an environment for new micro, small, and medium enterprises (SMEs) and enhancing existing projects through financing, technical, training, and marketing support.
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Argentina's Subsecretaría de la Pequeña y Mediana Empresa, under the Ministry of Economy, updated billing and asset caps for micro, small, and medium enterprises in the MiPyME Registry on Monday. The changes aim for more precise classification based on economic variables and sectors, expanding access to tax and financial benefits. An asset cap of $3,438,000,000 was set for financial, real estate, or insurance firms.
Fifteen months before the 2027 presidential election, Jean-Luc Mélenchon, leader of La France insoumise, hosted a colloquium in Paris to persuade small business representatives of his economic vision's benefits. He excluded the Medef and invited groups like the CPME and U2P, while joking about his political image. This outreach effort leaves attendees skeptical.
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ADIMRA president Elio del Re questioned aspects of Javier Milei's labor reform, particularly ultraactividad for SMEs that creates uncertainty. As the government accelerates Senate negotiations for a February 11 session, labor lawyers reject the bill as unconstitutional. Industrial and legal opposition highlights complexities in the current text.
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