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• Companies may receive relief from the Common External Tariff (CET)
• Companies may receive relief from the General Consumption Tax (GCT) on equipment, machinery and materials coming into the country,
• Companies may receive up to five years income tax relief.
• Companies considered to be international finance companies may receive partial relief from income tax.
• Tax exemptions can be acquired for firms involved in shipping, (e.g. approved Shipping Corporations may receive tax relief and concessions on import duties for up to ten years),
• film production (e.g. recognized film producers may receive income tax relief for 9 years)

• There are a number of private and government tertiary and vocational agencies that provide technical, training and placement support through institutions, customized on-the-job training, programming and partnerships.
• Agencies have partnered with numerous investors in the training and certification of workers and are particularly interested in high skill/high wage jobs, in which the training provided leads to national and or industry specific certification.
• The Ministry of Labour has created a local searchable database, The Labour Market Information System, which houses economic and labor force data and offers job matching services through its online portal.

The Government of Jamaica has no restrictions on the movement of foreign currencies flowing either in or out of Jamaica.

ICT

Jamaica Export Free Zone Act - ‘Free Zone’ status for companies exporting at least 85% of their services gives service providers exemptions from income tax on profits in perpetuity, as well as on import duties and licensing. Permissions for the repatriation of foreign exchange by overseas investors to parent companies without any form of recourse on the part of the Government of Jamaica.

Factory Construction Law

This Law targets companies which construct factories, lease and or sell them to producers. It grants relief from:

• Import duties for items which are not available locally, and
• Income tax on factory leasing or sales

Tourism

a) Hotels (Incentives) Act - provides income tax relief and import duty concessions for up to ten years for approved hotel enterprises, and 15 years for convention-type hotels.

b) Resort Cottages (Incentives) Act - offers income tax relief and duty concessions on imported building materials and furnishings for up to 15 years for convention-type hotels, and 10 years for regular hotels.

c) Attractions Incentive Regulation - importation of specific items free of general consumption tax and customs duty for five years and a five-year exemption from corporate taxes for investors.

Manufacturing

a) The Export Industry Encouragement Act - offers to qualified firms 10 years’ income tax relief plus exemptions on duty for imported machinery and raw materials.

b) The Modernization of Industry Programme - offers assistance to manufacturers adopting productivity-oriented techniques by granting exemption of General Consumption Tax on capital equipment.