BusinessGrenada.com Issue: 5 2010 - 2011 | Page 83

Manufacturing value added. • Certificate of Incorporation, along with the company’s Memorandum and Articles of Association. OTHER INCENTIVE S • Foreign and local investors can have 100% ownership of businesses. • No restrictions apply to the free movement of capital and profits. • Double taxation relief with CARICOM and the United Kingdom. • Preferential access to international markets - EEC, USA, Canada, CARICOM, Colombia, Venezuela & theDominican Republic. • Expedited Customs clearance (48 hours). • Factory space available for rent at competitive rates. • Modern infrastructure. • Trainable labour force. • Project Approval time-frame - approximately 15 working days. PRINCIPAL EXPORTS Nutmegs, Cocoa, Mace, Fresh Fruits & Vegetables, Fish, Flour, Wheat Bran, Clothing, Paints & Varnish, Paper Products, Malt, Animal Feed. PRINCIPAL IMPORTS Food & Live Animals, Beverages & Tobacco, Crude Material, Fuel & Lubricants, Animal & Vegetable Oils, Chemicals, Machinery, Transport Equipment, manufactured material MAJOR TRADING PARTNERS OECS – Dominica, St Lucia, St Vincent. CARICOM – Bahamas, Barbados, Guyana, Jamaica, Other Caribbean – Curacao Dominican Republic EEC - France, Germany, Italy Netherlands, U.K. The Americas – United States of America Exports to Country Trinidad & Tobago, St. Lucia United Kingdom, Germany, France, Netherlands, Italy United States of America, Argentina Imports by Country St. Vincent, Dominica, St. Lucia Jamaica, Guyana, Barbados, Bahamas Dominican Republic, Curacao UK, Germany, Denmark, France, Ireland, Netherlands, Italy, United States of America. www.businessgrenada.com 83