Are there any advantages to doing business in a Haitian “free zone”?
The primary advantages for investors or developers of free zones are that they are provided with a tax holiday and also benefit from an accelerated depreciation of capital investments. The reinstatement of income taxes is done on a staggered basis. The primary advantages for businesses operating in a free zone is that the free zone has its own customs agents available to facilitate shipping needs. This may reduce the hassle of coordinating with customs at a different location. In addition to the advantage of having an on-location customs service, new businesses operating in a free zone can also qualify for the tax holiday provided in the Investment Code. DISCLAIMER: The information contained in this summary is for informational purposes only and should not be considered as legal advice. This summary is intended to briefly introduce the reader to Haitian laws that could be applicable to new corporate endeavors in Haiti. This summary is not an exhaustive overview of Haitian laws and cons
