- Government has decided to centralize cashew nut export payments
- Aim is to ensure transparency and prevent fraud in the industry
- Exporters will now receive payments directly from the government
- This move is expected to benefit both exporters and the government
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Guinea-Bissau"
- Guinea-Bissau’s VAT Implementation: Key Features & Business Impact
- Guinea-Bissau Implements VAT, Effective January 2025
- Guinea-Bissau Introduces New VAT Regime, Thresholds, and Simplified Option for Taxpayers
- Guinea-Bissau’s VAT Reform: Enhancing Taxation Framework for Economic Growth and Compliance
- Introduction of VAT in 2025: Compliance Obligations and Rates for Taxpayers in Circular Announcement