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Farmers involved in agritourism may benefit from preferential terms

Farmers involved in agritourism may benefit from preferential terms

Farmers involved in agritourism may benefit from preferential terms. Otar Danelia, the Chairperson of the Agrarian Issues Committee of the Parliament of Georgia, presented a draft law on agritourism at the sitting of the Agrarian Issues Committee today. The law envisages the introduction of benefits in the area of VAT and income tax.

"Almost half of the population of Georgia is engaged in agriculture. Due to the challenge caused by COVID-19, there is a huge shortage of tourism in the country, that is why I think we need to use the rural resources. The law provides preferential terms in tax, including VAT and revenue, and involvement in government programs, both in grant and financial access and ultimately in setting standards, improving quality, and maximizing incentive services for local farmers. In the first stage, we expect the involvement of several hundred entities. As you know, the entity includes several farmers, not all products are produced by one farmer, and we need to cooperate and expand farms," Danelia said.

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