TIDCO markets Trinidad and Tobago as the Caribbean’s most business friendly environment with investment incentives to foreign investors such as:
-Concessions from import duty on raw materials, machinery, and equipment for approved industrial projects.
-Exemption from corporation tax on profits, and from tax on dividends (under the Fiscal Incentives Act and Hotel Development Act).
-Loss write-off provisions.
-Training subsidies for developing new skills.
-Provision of industrial sites and developed industrial accommodation.
-Export allowances, promotion and assistance.
-Export credit insurance.
-Double taxation relief.
-Exemption from Value Added Tax on inputs for companies exporting 80% of production.