Tax Free Zone Trinidad and Tobago

The first free zone was established in the Point Lisas Industrial Estate. Other free-trade zones are being considered. Any business may apply for individual free-zone designation upon establishment of proper security fencing and facilities.

The port of Point Lisas is managed by PLIPDECO, which also manages the Industrial Estate and Free Zone Area.

Free Zone enterprises may be established in any part of the country. They are 100 percent exempt from:

  • Customs duties on capital goods, parts and raw materials for use in the construction and equipping of premises and in connection with the approved activity;
  • Import and export licensing requirements;
  • Land and building taxes;
  • Work permit fees;
  • Foreign currency and property ownership restrictions;
  • Capital gains and income;
  • VAT on goods supplied to a Free Zone;
  • Duties on vehicles for use only within the Free Zone.

 

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