Ministry of Trade, Investment and Tourism
Preferential trade arrangement promoting CARICOM exports to Venezuela through tariff reductions, duty-free access for specified products, removal of non-tariff barriers, and support for investment and joint ventures.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
Registered charitable organisations and sporting bodies may receive tax exemption and duty relief.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Entrepreneurship
Ongoing
National Library and Information System Authority (NALIS)
Businesses can pursue co-branding opportunities that capitalize on NALIS' registered customer base.
Ongoing — applications accepted year-round MTI Investment Incentives The Central Grants Secretariat, Ministry of Sport and Youth Affairs
Grants support projects that use sport to foster community cohesion, inclusion and social wellness.
Ongoing — applications accepted year-round MTI Investment Incentives Inland Revenue Division, Ministry of Finance
A 150% tax deduction for companies sponsoring educational initiatives at qualifying public or private schools during the 2024 income year, capped at TT$500,000.
MTI Investment Incentives Funding
Entrepreneurship
Ongoing
Ministry of Trade, Investment and Tourism
Approved small companies can receive a full corporation tax exemption for six years.
Ongoing — applications accepted year-round MTI Investment Incentives Inland Revenue Division, Ministry of Finance
Tax deduction for expenditure on qualifying audio-visual productions with educational, entertainment or cultural purposes.
Ongoing — applications accepted year-round MTI Investment Incentives Tourism Trinidad Limited / Division of Tourism, Antiquities and Creative Industries
Persons with interim approval for a tourism project may seek customs-duty exemptions, drawbacks on locally purchased materials and equipment, and concessionary treatment for vehicle imports.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
A 150% tax deduction on qualifying cybersecurity expenditure, capped at TT$500,000.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Infrastructure
Ongoing
Ministry of Energy and Energy Industries
A deep-water allowance for capital expenditure incurred in drilling exploration wells.
Ongoing — applications accepted year-round MTI Investment Incentives Loan
Entrepreneurship
Ongoing
Business Development Unit, Division of Finance, Trade and the Economy, Tobago House of Assembly
Loan financing and strategic technical assistance for Tobago-based micro and small businesses, including startups and existing enterprises.
Ongoing — applications accepted year-round MTI Investment Incentives Grant
Entrepreneurship
Ongoing
Business Development Unit, Division of Finance, Trade and the Economy, Tobago House of Assembly
Grant funding and strategic technical assistance for Tobago-based micro and small businesses, including startups and existing enterprises.
Ongoing — applications accepted year-round MTI Investment Incentives