Agricultural and Agribusiness Sector

In addition to the General Incentives available for all new investments, firms in the agricultural and agribusiness sector are entitled to the following incentives:

• Waiver of Customs Duty and Consumption Tax on a wide range of machinery and equipment for land preparation and cultivation – bulldozers, graders, hymacs, ploughs, harrows, cultivators, tractors, combine harvesters
• Waiver of Customs Duty and Consumption Tax on packaging materials for fruit and vegetable exports
• Duty free importation on a wide range of agro-chemicals
  Allowances for expenditure incurred in developing and improving land for agricultural purposes
• Waiver of Customs Duty and Consumption Tax on agro-processing equipment
• The export allowance indicated previously for non-traditional exports also applies to agriculture.

Read more on:

• General Incentives
• Special Incentives
• Sectoral Incentives