Ministry of Trade, Investment and Tourism
Prospective investors may submit a Business Case Document to engage the Ministry and Government regarding proposed investments, including requested government concessions, incentives, or other support. Submission does not guarantee approval or access to incentives.
Ongoing — applications accepted year-round MTI Investment Incentives Ministry of Trade, Investment and Tourism
Support to help exporters improve product labelling, reduce product-testing costs and meet statutory and legal requirements in targeted overseas markets.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Infrastructure
Ongoing
Ministry of Energy and Energy Industries
Tax relief that raises the oil-price threshold at which Supplemental Petroleum Tax applies to eligible small onshore and shallow-marine producers.
Ongoing — applications accepted year-round MTI Investment Incentives Tourism Trinidad Limited / Division of Tourism, Antiquities and Creative Industries
The owner or operator of a vehicle imported for an approved tourism project may receive a motor vehicle tax exemption.
Ongoing — applications accepted year-round MTI Investment Incentives Inland Revenue Division, Ministry of Finance
Tax allowance for production companies' own audio, visual or video productions reflecting local entertainment or culture.
Ongoing — applications accepted year-round MTI Investment Incentives Ministry of Trade, Investment and Tourism
An allowance equal to 150% of eligible expenditure used to create or expand foreign export markets.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
A 150% corporation tax deduction for eligible expenses incurred promoting products or services in foreign markets.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Manufacturing
Ongoing
Inland Revenue Division, Ministry of Finance
Tax allowance for corporate sponsors' qualifying expenditure promoting the fashion industry.
Ongoing — applications accepted year-round MTI Investment Incentives Ministry of Energy and Energy Industries
A rebate for approved agricultural holdings implementing renewable energy technologies such as solar and wind.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
Tax deduction for qualifying company research and development expenditure.
Ongoing — applications accepted year-round MTI Investment Incentives National Training Agency
A 150% tax deduction for employers on remuneration paid to apprentices, subject to a limit of 5% of the employer's total wage bill.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Manufacturing
Ongoing
Ministry of Trade, Investment and Tourism
Corporation Tax exemption for approved locally owned manufacturing small companies, including agro-processing entities, for up to six consecutive years commencing January 1, 2023. Certificates are issued for two years and are renewable, subject to continued eligibility.
Ongoing — applications accepted year-round MTI Investment Incentives