Investing in Trinidad and Tobago means to invest in the Caribbean's most business - friendly environment;
a country relentlessly pursuing first place among the world's most competitive
nations.
With the lowest Executive
Living Costs in Latin America, Trinidad and Tobago tops the Caribbean investment
tables. Indeed, after Canada, Trinidad and Tobago has the highest per capita
level of foreign direct investment in the Western Hemisphere. Its strategic
location, enormous reserves of oil and natural gas, modern infrastructure,
skilled and industrialised labour force, and the quality of life in our
beautiful twin-island republic, are just a few reasons why.
Read more about the excellent oppurtunities for foreign
investment in Trinidad & Tobago in the INVESTMENT
GUIDE 1999- Microsoft Word Document. Please
click here to download.
A map of T&T and it's location in the Caribbean.
For further maps about Trinidad & Tobago please
click here
Regulations & Investment Incentives in
T&T.
• Concessions from import duty on raw materials,
machinery, and equipment for approved industrial projects.
• Exemption from corporation tax on profits, and from tax on dividends (under
the Fiscal Incentives Act and Hotel Development Act).
• Loss write-off provisions.
• Training subsidies for developing new skills.
• Provision of industrial sites and developed
industrial accommodation.
• Export allowances, promotion and assistance.
• Export credit insurance.
• Double taxation relief.
• Exemption from Value Added Tax on inputs for companies exporting 80% of
production.
• Free Zones under Act 19 of 1988.
• Venture Capital Companies under Act 22 of 1994.
• Incentives in some cases are available only to locally incorporated
companies or locally owned companies.
Import Duty Concessions.
Fiscal Incentives.
Hotel Development.
Free Zones.
• exemption from customs duty on the
importation of goods into the free zone
• exemption from income tax
• exemption from corporation tax
• exemption from business levy
• exemption from withholding taxes on remittance
of profits, dividends and other distributions
• exemption from land and building taxes on land,
buildings, improvements to buildings, plant and
machinery in the free zone.
Construction.
Special Classes.
Loss Relief.
Exporters:
• Promotional Expenses
• Export Allowance
Venture Capital Act.
Non-Tax Incentives.
Agricultural Incentives.
To learn more about the incentives for foreign investment
please click here.
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Foreign Investment