Doing Business in T&T

1
Welcome to
Ttfzco.com
2
Supportive Government Policies Facilitate Doing
Business in TT
The two-island nation of Trinidad Tobago is
trying to put the entire focus on its economy to
bring sustained growth and development to the
nation. For this purpose, they intend to attract
more businesses from other nations around the
world. In order to attract export-oriented
businesses from both foreign direct investments
and local investors, special, economic, tax free
zones have been set up. The government is working
to give an impetus to the current state of the
industry by giving certain exemptions and
concessions to companies that plan on Doing
Business in TT.
3
There are two types of free economic zones that
exist in Trinidad and Tobago. The first one is
the multi-user free zone. In this zone, there are
more than one approved free zone operators. The
second type is the single user free zone. This is
done in order to facilitate the setup of the
company when multi-user free zone space is
unavailable or too small or when an enterprise
requires a particular location for operation. At
present, there are 16 various tax free, duty-
free business and investment zones operating in
Trinidad and Tobago.
4
With this drive, the government seeks to bring in
more businesses which will in turn create
employment opportunities for the locals. This
would enable them to learn new skills and
technologies, share and transfer complex
knowledge and make optimal use of the locally
available raw materials other resources. The
setting up of businesses from abroad would bring
in more foreign exchange and better stability in
the countrys foreign trade. It will definitely
help to develop an open, competitive and
market-driven economy for the country.
5
Trinidad and Tobago Free Zones Company Limited
Albion Court, 2nd Floor West, 61 Dundonald
Street, Port of Spain, Trinidad, West Indies
[phone] / 623-8363
marketing_at_ttfzco.com
www.ttfzco.com