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The incentives below
are special incentives that are offered above and beyond the general incentives
and the sectoral incentives.
-
 Firms
Producing Non-Traditional Products for Export
- Export Allowances for non-traditional exports to markets outside
of CARICOM. The allowance is granted as a percentage of export
profits, ranging from 25% to a maximum of 75%.
| % of Export Sales to Total Sales |
Export Allowance* |
| less than 10% |
0 |
| 10% - 20% |
25% |
| 21% - 30% |
35% |
| 31% - 40% |
45% |
| 41% - 50% |
55% |
| 51% - 60% |
65% |
| more than 60% |
75% |
| * % of profits excluded from income tax |
- Pioneering Investments
- Tax holidays for pioneering investments; pioneering investments
can either be for new products or for targeted locations. Tax holidays
may be granted for a period of up to 10 years.
- Incentives for the Communities of Linden, Ituni and Kwakwani
- In addition to the incentive regime that presently obtains elsewhere
in Guyana, projects in these areas are eligible for the following
additional incentives:
- Waiver of Customs Duty and Consumption Tax on all imported
plant, machinery, equipment and spare parts
- For manufacturing and agricultural investments only, waiver
of Customs Duty, Consumption Tax and Purchase Tax on all vehicles
imported exclusively for use in the business.
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