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About Trinidad and Tobago Free Zones Company Limited
The Free Zone of Choice!
Gateway to Global Business and Investment Opportunities
The Trinidad and Tobago Free Zones Company Limited (TTFZ) was incorporated to administer the Free Zones Programme, under the provisions of the Trinidad and Tobago Free Zones Act 1988.
The Free Zones Programme of Trinidad and Tobago aims to attract both foreign and local investors to set up manufacturing, international trading and services operations within free zones that are dedicated to exports, encourage and facilitate new investment, create jobs and generate net foreign exchange earnings and the deepening of the technology base of the country.
Approved enterprises engaged in exporting from a free zone to a territory, other than the customs territory, will be exempt from import and export licencing, corporation tax, business levy, withholding tax or any other tax or levy, on sales, receipts, profits or gains in respect of those exports. Additionally, free zone enterprises enjoy a host of other benefits, including but not limited to, import duty concessions and swift work permit processing.
The Trinidad and Tobago Free Zones Company Limited (TTFZ) is committed to its mandate of diversification of our national economy and has aligned itself to the Government of Trinidad and Tobago’s pillars of sustainable development. In this regard, we stand ready to provide unwavering support to all investors.
BENEFITS OF THE FREEZONES PROGRAMME TO INVESTORS:
- No income, corporation or withholding taxes or levies on sales or profits of approved Free Zone Enterprises
- Total exemption from customs duties on capital goods, spare parts, raw materials, etc., for use in the construction and equipping of the premises and in connection with the approved activity.
- No import or export licensing requirements
- No land & building taxes
- No fees for work permits
- No property ownership restrictions
- No VAT on goods supplied to a Free Zone
- No foreign currency restrictions on capital gains taxes
- Availability of a highly skilled & productive workforce
- Expeditious, efficient customs procedures
Leveraging our competitive advantage to provide an investment friendly environment that facilitates business activities to achieve our aims of national economic diversification, job creation and attractive investor returns.