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The following general
incentives target the productive sectors and are available across-the-board
to all investors:
 Zero-rate
on Customs Duty and Consumption Tax on most items of plant, machinery
and equipment- Zero-rate on Customs Duty and Consumption Tax on raw materials used
in the production of goods for export. Under a duty-drawback system,
for qualifying firms and products, consumption tax paid on imported
raw materials may be remitted. Note that qualifying firms must be registered
with the Customs and Trade Administration of the Guyana Revenue Authority
under the Consumption Tax Act.
- Unlimited loss carryover of losses from previous years
- Accelerated depreciation on plant and equipment
- Double taxation treaties currently exist with the United States, United
Kingdom, Canada, and CARICOM countries.
- Full and unrestricted repatriation of capital, profits and dividends.
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