Microfinance: Tax Incentives for VSEs
9anon AI Team1 min read
Boosting Microcredit
Microfinance is vital for financing income-generating activities for those excluded from the traditional banking system.
Incentives
Associations transforming into public limited companies benefit from Corporate Tax exemptions for 5 years.
Objective
- Strengthen their financial base.
- Lower interest rates for beneficiaries.
- Reach more rural youth and women entrepreneurs.
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