Leading by Creating an enabling Environment.

The Financial Center Building: Roseau Dominica

The Government of Dominica sees itself, as a partner in your investment plan and as part of its contribution provides a regime of fiscal incentives available through its legislative framework once the project meets all necessary requirements:

• Hotels Aid Act, Chpt 85:01; Income Tax Act, Chpt 67:01- Tourism Accommodation:
  • The granting of a tax holiday of up to twenty (20) years for approved hotel and resort developments;
  • Exemption from payment of import duty on building materials, furniture & fittings, operation vehicles, machinery and equipment for construction, and for upgrading, expansion and renovation of hotel properties;
  • An Alien Land Holding License can be waived for approved hotel projects;
  • Withholding Tax Exemptions on dividends, interest payments, and other relevant external payments;
  • Other incentives may be granted where appropriate.
• Fiscal Incentives Act, Chpt 84:01- Services, Agri business, Manufacturing;
  • The granting of a tax holiday of up to fifteen (15) years for approved investment;
  • Exemption from payment of import duty on raw & packaging materials, building materials, furniture & fittings, and operation vehicles;
  • An Alien Land Holding License can be waived for approved Agri-Business and Manufacturing projects;
  • Withholding Tax Exemptions on dividends, interest payments, and other relevant external payments;
  • Other incentives may be granted where appropriate.
• Value Added (Amendment) Act No.4 of 2006,
  • Value Added Tax (Amendment) Act 2006 allows for the exemption from the provisions of the Value Added Tax Legislation in respect of capital investments for the initial investment up to commencement of operations. This benefit shall be extended only to direct imports of approved capital items on the Master List consigned directly to the approved enterprise.