The aim of the Agricultural Development Scheme (ADS), is to consolidate the base of the agricultural sector. This includes support for irrigation, de-rocking, mechanical harvesting and food processing projects, as well as the use of bagasse in energy production.
Incentives
- 15% corporate tax.
- Exemption from payment of income tax on dividends.
- Free repatriation of capital, profits, and dividends.
- Complete exemption from payment of customs duty on machinery, equipment and spare parts.
- Exemption from payment of 50% of the normal registration fee on land and buildings purchased by the new enterprise.
