Export Services Act

The Export Services Act is legislation that promotes and supports businesses providing services for export. It aims to enhance the competitiveness of service exporters by offering various incentives, such as tax breaks or funding, to encourage growth in this sector. This law recognizes the importance of services—like consulting, education, and IT—in contributing to a country’s economy. By facilitating service exports, the Act helps businesses access international markets, boosting economic development and job creation. Essentially, it seeks to strengthen the service industry's role in a country’s overall export strategy.