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Tax incentives for Micro, Small, and Medium sized Enterprises voluntarily register businesses in between 2023 and 2028

July 19, 2024

Technical Update

Prakas on the Instruction on Implementation of the Sub-Decree on Tax Incentives for Informal Economic Development

(Prakas No. 360, dated 19 June 2024)

Article 2 :Priority Scopes

This Prakas applies to micro, small, and medium-sized enterprises (MSMEs) that voluntarily register for tax in order to operate businesses in the following priority sectors:

  • Wholesale, retail and repair
  • Accommdation and Food Services
  • Handcrafts
  • Agricultural communities

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