Individual Agricultural Entrepreneur: Definition and Requirements
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Individual Agricultural Entrepreneur
An individual agricultural entrepreneur is a natural or legal person who holds ownership that allows them to pursue agricultural economic activity and assumes the risks and responsibilities thereof.
The LMEA (Law of Modernization of Agricultural Holdings) defines the owner of the farm, i.e., the agricultural employer, as the "natural or legal person holding the farming property and rights to organize members of the farm business with specific criteria, assuming the risks and responsibilities arising from the management of the holding, be it civil, social, or fiscal."
Requirements of an Agricultural Entrepreneur
- The existence of a farm organization is required. The constitution of this organization should be