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Incentives for small and medium enterprises

Cap. 54, s. 21 · Revised Edition 2020

(1) The duty exemption period for a small or medium enterprise shall not exceed two years at a time, but may be extended to a maximum of five years. (2) The duty exemption may be full or partial as the Minister on the advice of BELTRAIDE may deem fit. (3) No approved enterprise order for a small or medium enterprise shall contain any provision for tax holiday.

Amended by: 45 of 2002

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