In SKN Business Startups
St. Kitts and Nevis offers many opportunities for both business start-up and relocation. The entire necessary infrastructure is already in place to facilitate transport in air, roads, and water. International airports operate daily on both islands. There are deep-water ports, several state-designated commercial zones, and available land for new construction. Reliable electricity, an excellent communication network and most importantly a highly educated and skilled populace makes SKN sound for business relocation or starting one.
Establishing a business may also entail (but not be limited to):
Hire an attorney to represent your business interests.
Incentives are available to aid businesses in St. Kitts and Nevis. Some highly attractive and competitive incentives offered by the government of St. Kitts and Nevis are:
Corporate Tax Holidays – Maximum 15 years
Exemption from Import Duties – full exemption from import duties on parts, raw materials and production machinery
Repatriation of Profits
Protection of Investment
Hotel Aids Ordinance – provides relief from customs duties and pier duties on items brought into the country for use in the construction, extension and equipping of a hotel of not less than 10 bedrooms.