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ICT:

• Duty free status on plant, machinery and equipment.
• Tax free status on profit generated for within a range of 10 to 15 years.

IFS:

• Corporate tax exemptions for all IBCs
• No estate duties
• No withholding taxes applicable to IBCs

Tourism:

• Duty free concessions on printed hotel advertising materials eg. Brochures
• Duty free concessions granted on items used in construction of the hotel.
• Duty free concessions on items used in the operation of the hotel

(Conditions Apply)

• Labour Market Study that has categorized the country’s strengths as it regards the labour pool available.
• Skilled Professionals Program designed to introduce skilled, professional labour from around the world to SVG, to enhance the knowledge base of the local population. Participants in this scheme will also benefit from specific incentives commensurate with the level of skill and planned programs for knowledge transfer.

The Government of SVG offers the following:

• 100% Repatriation of Profit
• No Exchange Control restrictions
• No Capital Gains Taxes

Tourism:

• Incentives for hotel construction may include income tax exemption for between 10 and 15 years. (Conditions apply)
• An approved construction order may also include a customs duty exemption order, in respect of building material and articles of hotel equipment to be used.

Renewable Energy:

• The Government approaches incentives on a project by project basis for this sector. A detailed proposal will be required for the Government’s consideration.

Light manufacturing/ Agro-Processing:

• An approved enterprise may be granted complete or partial exemption from income tax. This tax holiday may last between 10 and 15 years.