- President Daniel Chapo enacted a law amending the VAT Code in Mozambique.
- The amendment aims to support the sugar, edible oil, and soap industries.
- The law was approved by all four parliamentary parties.
- The VAT exemption is extended until 31 December 2025.
- Exemptions apply to raw materials, intermediate products, parts, equipment, and components for national industries.
- Goods and services for sugar cane production are also exempt.
Source: clubofmozambique.com
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.
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