Agriculture under BOI includes a wide variety of ancillary fields ranging from production of fertilizer through the production of leather, production or preservation of food and production of modern agricultural products or services related to modern agriculture.
The basic incentives for agriculture include a 5-year corporate tax exemption, exemption of import duties for machinery and raw materials, as well as 100% foreign ownership, among others.
Contact us to find out how you can take advantage of these BOI promotions.
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