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Garments & Textiles Sector

In addition to the General Incentives listed in Section A above, investments in the textile and garment sector are entitled to the following benefits:

Medium to Large Businesses (employing more than 100 employees) and located outside of Region 4:

  • Provision of State Lands and/or Government buildings, where necessary
  • Tax holiday for up to 5 years
  • Waiver of Customs Duty and Consumption Tax on raw materials for the manufacture of garments and textiles
  • Waiver of Customs Duty and Consumption Tax on the importation of vehicles for the transportation of materials and employees
  • Provision for training assistance, where necessary
  • Waiver of Consumption Tax for local sales of the following articles which must be manufactured in Guyana:
    Curtains Kitchen, bathroom and bed linens
    Towels Pillow cases
    Table cloths Kerchiefs
    Bed sheets Rugs
    Rags  

Medium and Large Businesses located in Region 4*
The following incentives apply:

  • Provision for training assistance, where necessary
  • Waiver of Consumption Tax for local sales of the same articles listed above which must be manufactured in Guyana
  • *Upon the submission of a project proposal, further concessions will be considered.

Small Businesses (less than 100 employees)

  • Waiver of Consumption Tax for local sales of the same articles listed above which must be manufactured in Guyana

 

18 Revised Incentives (March 2003).doc

 

 

 

 

 

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