Monday, March 4, 2024

Republic of Mozambique
Ministry of Economy and Finance

Republic of Mozambique
Ministry of Economy and Finance

04

TAX INCENTIVES FOR NEW INVESTMENTS IN KEY SECTORS CARRIED OUT IN THE NEXT 3 YEARS

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TAX INCENTIVES FOR NEW INVESTMENTS IN KEY SECTORS CARRIED OUT IN THE NEXT 3 YEARS

These tax incentives will cover both new private initiatives and the expansion of current investments, which expand installed production capacity in the sectors of agriculture, agro-processing, manufacturing, tourism and urban transport.

The tax incentives consist in the acceleration of the amortizations of paid-in capital to half the period established in the current tax code, for investments made in facilities and equipment related to the productive activity of companies, provided that they result in the creation of at least 20 new permanent jobs.

TAX INCENTIVES FOR NEW INVESTMENTS IN KEY SECTORS CARRIED OUT IN THE NEXT 3 YEARS

These tax incentives will cover both new private initiatives and the expansion of current investments, which expand installed production capacity in the sectors of agriculture, agro-processing, manufacturing, tourism and urban transport.

The tax incentives consist in the acceleration of the amortizations of paid-in capital to half the period established in the current tax code, for investments made in facilities and equipment related to the productive activity of companies, provided that they result in the creation of at least 20 new permanent jobs.