Law 32434 - Law promoting the productive, competitive, and sustainable transformation of the agricultural sector with social protection towards modern agriculture

Law No. 32434 modernizes the agricultural sector by creating a differentiated tax regime for small producers and agricultural companies, incentives such as reduced income tax rates and VAT refunds, promotion of associations through registered associations, access to financing via COFIDE and public funds, promotion of digitization and agricultural technology, and strengthening legal certainty regarding agricultural property, with the aim of improving the competitiveness, formalization, and sustainability of the sector.