The Saint Lu­cia Gov­ern­ment Gazette

The Star (St. Lucia) - Business Week - - CORPORATE HANDS -

Tourism In­cen­tives

• Ap­proved En­ter­prise: Joy Ad­ven­ture and Coastal Cruise Com­pany Ltd.

• Tourism Prod­uct: wa­ter-based tours and ex­cur­sions

• Tourism Project: pro­cure­ment of a cata­ma­ran and equip­ment.

• Ben­e­fit to Im­port Duty & Ex­cise Tax: (A)100% waiver of im­port duty on a cata­ma­ran and safety equip­ment. The de­clared ben­e­fits ter­mi­nate on May 31 2020. Tourism Stim­u­lus and In­vest­ment

• Ap­proved De­vel­op­ment: Con­struc­tion of a bou­tique ho­tel by Bay Gar­dens

• Ben­e­fit to Value Added Tax & Im­port Duty: 100% waiver of VAT and Im­port Duty on: (A) all build­ing ma­te­ri­als and op­er­at­ing equip­ment used for ap­proved de­vel­op­ment; (B) fur­ni­ture, fix­tures, soft fur­nish­ings, fin­ish­ings, elec­tron­ics, kitchen and bar sup­plies, linen, ap­pli­ances, laun­dry equip­ment, dry­ers, wash­ers, cut­lery, glass­ware, art­work, pool ac­ces­sories im­ported or pur­chased lo­cally for equip­ping the ap­proved de­vel­op­ment. The de­clared ben­e­fits ter­mi­nate on Au­gust 30 2021.

• Ben­e­fit to Im­port Duty: (A)100% waiver of im­port duty im­ports of al­ter­na­tive en­ergy and en­ergy sav­ing equip­ment used for the ap­proved de­vel­op­ment. The de­clared ben­e­fits ter­mi­nate on Au­gust 30 2021.

• Ben­e­fit to Prop­erty Tax & Alien’s Land­hold­ing Li­cense Fee: 100% waiver of Prop­erty Tax & Alien’s Land­hold­ing Li­cense Fee. Ter­mi­nat­ing on Oc­to­ber 15 2027.

• Ben­e­fit to Stamp Duty & Ven­dor’s Tax: 100% waiver of Stamp Duty and Ven­dor’s Tax on the ini­tial sale of prop­erty for the bou­tique ho­tel.

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