Law for Livestock Promotion and Development

El Salvador's Law for Livestock Promotion and Development constitutes the main regulatory framework to protect, promote and develop cattle, swine and goat livestock dedicated to breeding, selection and fattening for the production, processing and commercialization of milk, meat, by-products and their derivatives. The law establishes a comprehensive system of fiscal and customs benefits including import franchises for inputs, income and property tax exemptions, and benefits for a seven-year period for natural or legal persons who meet the established requirements. It creates the National Commission for Livestock Promotion and Development as an advisory body attached to the Ministry of Agriculture and Livestock. Its main objective is to stimulate new investments for the recovery and development of livestock activity as part of the national economic reactivation plan and to benefit the food diet of the Salvadoran population.