REDUCED CORPORATE INCOME TAX (CIT) RATES OF A COCOA BY-PRODUCT BUSINESSES (UP TO FIVE YEARS)
Brief Description
Corporate tax rates are presently 25%. However, cocoa by-product business conducted wholly
in the country for the fi rst 5 years have a chargeable income tax rate of 1% (a reduced rate)
Criteria
Cocoa by-product businesses within five years of operation