Your partner for accountancy and consultancy services in agriculture and agribusiness, in Sierra Leone and beyond.
Photo: Annie Spratt / Unsplash (Unsplash Licence)Agribusiness depends on seasons, prices and access to finance. At SLONEC we help farms, processors, cooperatives and exporters keep reliable records, cost their production, meet tax and export requirements, and prepare the accounts and business plans that lenders and investors ask for.
Whether you run a farm, a processing plant, a cooperative or an export business, seasonal cash flow and reliable records decide whether you can borrow, claim an incentive or win a buyer contract.
Several of Sierra Leone's most generous tax incentives are reserved for agriculture, but most of them depend on keeping full records of the agricultural activity. That is where SLONEC starts.
Photo: Annie Spratt / Unsplash (Unsplash Licence)What investors and operators in Agriculture & Agribusiness should know about Sierra Leone's rules and reliefs, with the law behind each point.
Income from rice farming and tree crops such as cocoa, coffee and oil palm, and from poultry, livestock, cashew, ginger, chilli, vegetables and tubers, is exempt for ten years from commencement, together with 50% of dividends paid by a company that keeps full records. Scale thresholds apply to investors.
Entities engaged in agricultural production can import inputs such as fertiliser, seeds and seedlings, day-old chicks and animal semen duty-free for five years from first registration.
Fish farms with at least ten ponds and at least 200 square metres are exempt from income tax on fish-farming income, and on 50% of related dividends, for five years.
Interest on a bank loan for agricultural investment is exempt from withholding tax where the rate is not above the base lending rate when the loan was taken.
From 1 January 2026 the Finance Act 2026 raised the corporate income tax rate for resident companies from 25% to 30%, made every company pay the higher of its normal income tax and the minimum alternate tax (2% of turnover), and abolished the investment allowance.
Checked on 10 October 2026 against the sources listed. Incentives usually have conditions and can change with each annual Finance Act, so speak to SLONEC before you rely on any of them for an investment decision.
In Agriculture & Agribusiness, SLONEC works with:
Every SLONEC engagement draws on three service lines. Choose one, or combine them for a single point of contact.
We handle bookkeeping, production and crop costing, payroll for seasonal workers, stock records and tax returns, so you can focus on growing and selling.
We help you access finance and make informed decisions.
Explore AccountancyOur consultancy services help you build a stronger agribusiness.
We recruit farm managers, accountants, supervisors and sales staff tailored to your agribusiness's needs.
Recruitment & Training serves clients in Africa. Candidates can send CVs to recruit@slonec.com.
Explore Recruitment & Training
Agriculture & Agribusiness in Sierra Leone: incentives, finance and recordsFree ebook · SLONECPractical guidance from the SLONEC team, written for Sierra Leone. Sign up and we will email it to you, with occasional updates you can unsubscribe from at any time.
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Our two-page brochure sets out who we work with in Agriculture & Agribusiness and every service we offer, ready to share with your board or partners.
It depends on the crop or livestock, when the activity started, the scale of the investment and whether full records are kept (Income Tax Act 2000, s.31). We review your position and help you prepare the records the NRA expects.
Yes. We set up simple bookkeeping, member and stock records, and train officers through our cooperative governance and record-keeping courses.
Yes. We prepare feasibility studies, cash-flow forecasts and business plans for banks, development finance institutions and investors.
Yes. We run payroll for seasonal and permanent staff, including PAYE and NASSIT where they apply, and keep records that support your tax returns.
Complete the proposal form on this page. Agriculture & Agribusiness is already selected, and our business development team will reply.
Tell us what you need and our business development team will come back with a tailored proposal.
Sector: Agriculture & Agribusiness. Please mention your sector and whether you are already a SLONEC client in your message. Proposal requests go to our business development team (bdteam@slonec.com).
SLONEC is an accountancy and consultancy firm that specialises and provides a wide range of accountancy and consultancy services to individuals, businesses, and organisations within Sierra Leone and beyond.