Board of Inland Revenue, Ministry of Finance
Financial support is available for sporting equipment, uniforms, events, athlete support and development, facility rental, travel and related sporting activities.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
Eligible individuals, organisations and clubs may receive import-duty and VAT exemptions on sporting equipment other than clothing.
Ongoing — applications accepted year-round MTI Investment Incentives Grant
Manufacturing
Ongoing
Ministry of Trade and Industry, Government of Trinidad and Tobago
Grants for machinery, equipment, software, tools, raw materials and training for local steelpan manufacturing, as well as eligible export-promotion and e-commerce costs.
Ongoing — applications accepted year-round Funding
Infrastructure
Ongoing
Ministry of Energy and Energy Industries
A tax credit against assessed Supplemental Petroleum Tax equal to 30% of qualifying capital expenditure for specified oilfield development or enhanced oil recovery investments.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Infrastructure
Ongoing
Ministry of Energy and Energy Industries
A 25% discount on base Supplemental Petroleum Tax rates intended to encourage continued production from eligible mature or small marine oilfields.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
Companies may receive a corporation-tax deduction for sponsoring or promoting sporting activities, events or athletes.
Ongoing — applications accepted year-round MTI Investment Incentives Tourism Trinidad Limited / Division of Tourism, Antiquities and Creative Industries
The Tourism Development Act provides incentives and concessions intended to facilitate tourism-industry development and investment.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
A tax credit for businesses that provide digital payment infrastructure or operate as e-money issuers.
Ongoing — applications accepted year-round MTI Investment Incentives Inland Revenue Division, Ministry of Finance
A company may deduct eligible expenditure on artistic works when determining its chargeable profits.
Ongoing — applications accepted year-round MTI Investment Incentives Inland Revenue Division, Ministry of Finance
Production companies may claim an allowance equal to 150% of eligible production expenditure, plus an additional aggregate allowance for financing sporting activities and unrelated artistic works.
Ongoing — applications accepted year-round MTI Investment Incentives Ministry of Energy and Energy Industries
Tax relief allowing companies to claim losses against up to 75% of taxable profits and carry remaining tax losses forward indefinitely.
Ongoing — applications accepted year-round MTI Investment Incentives Grant
Entrepreneurship
Ongoing
National Entrepreneurship Development Company Limited
Financial assistance for eligible entrepreneurs and businesses across Trinidad and Tobago to develop, launch, or expand operations.
Ongoing — applications accepted year-round MTI Investment Incentives