top of page

Applying for Fiscal Incentives

Writer's picture: Marvin HutchinsonMarvin Hutchinson

Coming Soon.

Welcome to your blog post. Use this space to connect with your readers and potential customers in a way that’s current and interesting. Think of it as an ongoing conversation where you can share updates about business, trends, news, and more.

“Do you have a design in mind for your blog? Whether you prefer a trendy postcard look or you’re going for a more editorial style blog - there’s a stunning layout for everyone.”

You’ll be posting loads of engaging content, so be sure to keep your blog organized with Categories that also allow visitors to explore more of what interests them.


Create Relevant Content


Writing a blog is a great way to position yourself as an authority in your field and captivate your readers’ attention. Do you want to improve your site’s SEO ranking? Consider topics that focus on relevant keywords and relate back to your website or business. You can also add hashtags (#vacation #dream #summer) throughout your posts to reach more people, and help visitors search for relevant content.


Blogging gives your site a voice, so let your business’ personality shine through. Choose a great image to feature in your post or add a video for extra engagement. Are you ready to get started? Simply create a new post now.


The Fiscal Incentives Act is the primary legislation governing the award of incentives to manufacturing, service or processing industries. Fiscal incentives were introduced to facilitate local and foreign investment in the productive sector of the economy. In its current format, the Act offers a range of incentives to manufacturing entities including tax holidays up to a maximum of fifteen (15) years; waiver of import duties and consumption tax on imported plant machinery and equipment; and a waiver of import duties and consumption tax on imported raw materials and packaging.


Any manufacturer located in Saint Lucia can qualify for fiscal incentives if the enterprise manufactures an approved product (i.e. a product declared by order of Cabinet for manufacture by an approved enterprise). In light of a rapidly evolving global landscape for trade, commerce and development, the Government of Saint Lucia is being proactive in creating and sustaining conditions under which our private sector can continue to grow and compete on the international stage.


The following categories of business and services will now be able to benefit from Fiscal Incentives. These include:

PROFESSIONAL SERVICES 1. Accounting Services 2. Management Consulting Services 3. Photographic Services 4. Architectural Services 5. Engineering Services 6. Integrated Engineering Services 7. Printing and Publishing Services 8. Veterinary Service 9. Medical and Dental Services

CREATIVE INDUSTRIES 1. Motion Picture Projection Service 2. Entertainment Service 3. Sporting and other Recreational Services 4. Motion Picture Projection and Video Tape Production and Distribution Services

INFORMATION AND COMMUNICATIONS TECHNOLOGIES 1. Telecommunication Service 2. On-line information and/or data processing including transaction processing

SPA AND WELLNESS 1. Beauty and Spa 2. Physiotherapists and services provided by midwives, and para medical personnel 3. Medical Laboratories


6 views0 comments

Recent Posts

See All

Comments


About How Do You ...?

How do you...? is an e-guidebook for all Saint Lucians on how to conducting general tasks in Saint Lucia. How do you …? equips Saint Lucians with the basic knowledge and understanding of the process they will go through, as well as the requirement for various organizational and societal tasks. ... continue reading

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram

Subscribe

Subscribe to our e-guidebook and be notified every time a new article is published. 

Flag Saint Lucia.png

Help keep the website running

PayPal ButtonPayPal Button

Copyright © 2021 How Do You ...?

bottom of page