Investing in Trinidad & Tobago

The Republic of Trinidad and Tobago, a twin island State, is located at the Southern-most point of the Caribbean archipelago, 10km (7 miles) off the coast of Venezuela. The rich historical background and diverse culture of Trinidad and Tobago have spawn a truly cosmopolitan society. With English being the official spoken language and Spanish emerging as our first foreign language, this country is an ideal location for the establishment and development of a wide range of business activities in both the Energy and the Non-energy Sectors.

With a high priority on regional and international trade and the formulation of alliances, Trinidad and Tobago is currently home for the Association of Caribbean States (ACS) Headquarters, and is a candidate for the headquarters of the FTAA.

We welcome investors to our friendly business environment, under-girded by an open, increasingly diversified and growing economy, coupled with a stable political system. In addition, a strong legislative and regulatory framework exists, along with a progressive investment policy that encourages fair competition.

Trinidad and Tobago is therefore poised as the manufacturing centre and the commercial, trans-shipment and financial hub of the Caribbean and the Americas and gateway to Latin America.

The two main ports in Trinidad and Tobago are the Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) situated in Couva and the Port of Port-of-Spain. These are patronized by many international companies, ship owners and the general public. The plans ahead are to make these ports the most efficient transshipment ports in the Region.

An array of investment incentives, along with other relevant information is available to prospective investors considering doing business in Trinidad and Tobago. Details are provided in the publication entitled "Investment Guide to Trinidad and Tobago" at the Web Site of TIDCO Limited.

Existing Incentives for Enterprise development are provided by the following pieces of legislation:

The Customs Act, providing exemption from duty on importation of certain items
The Fiscal Incentives Act
The Free Zones Act
The Venture Capital Act

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