author_orbitax
Orbitax

Share This Article

El Salvador to Introduce Tax Exemption for Fintech Companies and Digital Finance Service Providers

30 August 2024

|

Proposed Changes

|

El Salvador

El Salvador's Ministry of Economy has reportedly submitted a draft bill to the Legislative Assembly for the introduction of new tax incentives for fintech and digital financial service companies. This includes a five-year income tax exemption for fintech companies and digital finance service providers approved by the Superintendency of Financial Systems and for digital platform payment companies approved by the Central Bank. Additional details will be published once available.