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 Ministry of Trade, Investment and Tourism
Tailored export-development support for Tobago businesses, including assistance with logistics, access to financing, market entry, marketing, product development and testing, consultancy, training and e-commerce.
Ongoing — applications accepted year-round MTI Investment Incentives Board of Inland Revenue, Ministry of Finance
A 150% corporation tax deduction for eligible employee training and retraining expenditure.
Ongoing — applications accepted year-round MTI Investment Incentives Tourism Trinidad Limited / Division of Tourism, Antiquities and Creative Industries
TAUP offers partial reimbursement grants to eligible small and medium-sized tourism accommodation properties upgrading their facilities.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Agriculture
Ongoing
Fisheries Division, Ministry of Agriculture and Fisheries
VAT exemption for fishing boats, marine engines, fishing nets, lines, and other capital equipment used solely in commercial fishing.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Entrepreneurship
Ongoing
Board of Inland Revenue, Ministry of Finance
An increased VAT registration threshold intended to reduce compliance costs for small businesses.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Manufacturing
Ongoing
Ministry of Energy and Energy Industries
A VAT waiver on new equipment used by manufacturing companies employing alternate or renewable energy technologies.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Environment
Ongoing
Ministry of Energy and Energy Industries
Full VAT and customs-duty waiver for manufacturers installing renewable-energy systems.
Ongoing — applications accepted year-round MTI Investment Incentives Funding
Manufacturing
Ongoing
Board of Inland Revenue, Ministry of Finance
Increased annual depreciation allowance on qualifying plant and equipment for corporation-tax calculations.
Ongoing — applications accepted year-round MTI Investment Incentives