Investment Procedures
How Incentives Work

Investors are free to operate in all fields of lawful economic activity and should not engage in actions that are prejudicial to national security or detrimental to the natural environment, public health or the national culture. CARICOM nationals/companies are accorded Rights of Establishment and can establish a business and import their managerial, supervisory or technical staff. Applications for Rights of Establishment must be made through the Ministry of Foreign Affairs.

Supporting documentation to accompany the application is the Business Name Certificate/Certificate of Incorporation and Statement of Particulars, proof of CARICOM nationality, police certification of good character from home country, proof of financial resources, and signed lease agreement for the premises of occupation in Grenada.

If the CARICOM national intends to establish his/her business and move with managerial, supervisory or technical staff then, the business owner must: submit a letter to the Ministry of Foreign Affairs requesting free movement for the relevant members of staff, submit a copy of the employment contract for each staff that will be moving, a list with spouses and dependents, a valid passport, marriage certificate (where applicable) and police record for each staff member.

Once your business is set up, you can avail of a wide range of incentives built to help you grow your investment. Our new Investment Incentives Regime aims to improve the business environment by streamlining its investment procedures to enhance Grenada’s attractiveness as an investment destination. Investment incentives will be awarded to qualifying investments projects under the following legislations:

  • Income Tax Act
  • Property Transfer Tax Act
  • Customs Act
  • VAT Act
  • Excise Tax Act
  • Custom Service Charge Act
The Process
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