Information & Communication Technology (ICT) Sector

Concessions and benefits for investments in the information/communications sector, in addition to the General Incentives, include:

• A tax holiday of up to 10 years
• A ninety-nine (99) year lease for land with the option to buy at concessionary rates
• Waiver of Customs Duty and Consumption Tax on IT related equipment, machinery and vehicles
• Waiver of Customs Duty and Consumption Tax on building materials for construction of buildings and structures
• Assistance in obtaining grants for the training of employees in information technology.

Read more on:

• General Incentives
• Special Incentives
• Sectoral Incentives