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Information Technology
Home > Business > Opportunities
Incentives
Government policies in the mid 1980's
stimulated the development and growth of the informatic sector through a number of
incentive schemes designed to create a climate conducive to investment. The incentives
are:
- Export Free Zone Act. This allows
for 100% income and profit tax exemption, duty free import for capital and consumer goods,
goods for construction and alterations and repairs, repatriation of earnings, and
minimized customs procedures.
- The Export Industry Encouragement Act
(EIEA). This provides duty free importation of raw materials and capital goods, and a
tax holiday on profits for 10 years.
- The establishment of Single Entity Free
Zone Status. Stand alone Free Zones.
- Moratorium on Duties. This enables
investors not having free zone status to pay their import duties over an average two year
period
| BARBADOS |
DOMINICA |
GRENADA |
JAMAICA |
| Good
air links with the United States, Canada and the United Kingdom Daily FEDEX |
Few
regular air links, served by inter-island carriers: LIAT Am. Eagle FEDEX two days |
Good
links to North America Attractive
to South America |
Frequent air links to the United States, Canada and the United
Kingdom FEDEX, DHL, UPS available |
| ST. KITTS & NEVIS |
ST. LUCIA |
ST. VINCENT & GRENADINES |
TRINIDAD & TOBAGO |
| Air
links from BWIA, Air Canada, and American Airlines |
Air
links to Canada, the United States and the United Kingdom |
No
direct service to North America, most frequent is LIAT via Barbados |
Good
international links to the United States Canada and Venezuela |
Other Sections:
Related Links:
Courtesy JAMPRO |
