They reduce labor costs for agro-exporters

With the new agrarian law approved at the end of 2020, it was sought to progressively equate the contribution of agro-export companies to Essalud, since before said norm they had been paying a rate of 4% for 20 years, when in other productive sectors the contribution is 9% on the basic salary.

Thus, between 2021 and 2022, the contribution rate to Essalud in the agricultural sector for companies with more than 100 workers It rose to 7% and for this year and 2024 it went to 8%while by 2025 it would reach 9%, matching the general rule.

However, this contribution to Essalud will decrease again after having approved in the last plenary session of Congress – with 86 votes in favor – a substitute text that reduces the monthly contribution of the large companies to 6%. agro-exporters from 2024 to 2028.

Smuggled

After the 2024 public budget was approved, the Plenary continued meeting and after 4 in the afternoon it put up for debate the opinion issued in the project of the Executive and other parliamentarians who seek to grant tax incentives to the textile and clothing sector.

However, Congressman Víctor Flores Ruíz, from Fuerza Popular, requested that the agricultural sector be included so that companies in this sector also enjoy a tax incentive for hiring new personnel. Along with this, he requested that the contribution to Essalud be lowered to 6% until 2028. Both requests were incorporated into the replacement text that was finally approved.

Given this, the congressman Carlos Anderson (not grouped) warned that including benefits to agriculture in a project related to the textile and clothing sectors implies “insert it as contraband”.

“The topic that Congressman Flores has just introduced in relation to the agrarian issue is of such important substance that it seems a little dangerous to me to insert it in the middle of a totally different topic that has to do with the issue. textile“, warned the congressman.

In response, César Revilla, president of the Economy Commission, noted that the Ministry of Economy gave its approval to the final approved text.

Impact on Essalud

Giorgio Balza, principal associate of Cuatrecasas, indicates that they are “promoting a lower workload for the employer” so that more personnel are hired in this sector.

For his part, former Vice Minister of Employment Fernando Cuadros explains that this low contribution implies less income for Essalud, which would further affect the quality of the services they provide to workers. Likewise, he points out that practically other companies, even mypes, are going to end up subsidizing large agro-exporters.

“A micro or small company that contributes 9% for each worker is going to end up subsidizing large agro-exporters that are going to contribute only 6%. They are being financed with less funding from Essalud“, Add.

Tax incentives for textiles and clothing

The now autograph, which will be sent to the Executive Branch for promulgation, establishes a credit in favor of the textile and clothing sector that can be applied against income tax if the company reinvests its profits.

Vanessa Watanabe, partner in the Tax Area of ​​Payet, Rey, Cauvi, Pérez Abogados, also indicates that the depreciation rate is also increased to 33.33% for the purchase of machinery between 2024 and 2025, and to 20% from 2026 to 2028.

Meanwhile, Giorgio Balza adds that the companies textiles, clothing, agriculture and irrigation, agro-exporters and agro-industrial companies will access an additional deduction for hiring new workers.

The word

Carlos Anderson, congressman

“It must be voted on separately, presented as a project and discussed in the Economy commission. There are tax expenses here and it seems dangerous to me to insert it as contraband.”