Microfinance: Tax Incentives for VSEs

9anon AI Team1 min read
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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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