We assist you throughout your decision-making process and until you set up a business in Trinidad and Tobago.
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Setting up a business in Trinidad and Tobago is quite straight forward.
The Government of the Republic of Trinidad & Tobago (GORTT) encourages foreign direct investment in almost all sectors, with specific focus on the non-energy targeted sectors.
Trinidad and Tobago's success in energy has fueled its rapid development into one of the most industrialized and cost-effective nations in the Caribbean and Central America.
Trinidad and Tobago is a twin island republic situated below the hurricane belt, at the southern-most end of the Caribbean archipelago.
Edan K. Properties manages many complex projects - from purchase to conceptualization, financing and site development. In its role as facilitator, InvesTT has worked alongside Edan K. and played a significant role over the years in the fast-tracking of processes required to implement multi-faceted development projects.
InvesTT facilitated company registration and access to import duty concessions for equipment, engaged the Ministry of Energy & Energy Industries on the placement and inspection of their LPG tanks as well as facilitated smooth entry at Immigration for foreign engineers needed to install equipment and train local staff.
Located in St. Augustine Trinidad, Virtana Inc. is an outsourcing company that delivers high quality robotics software solutions to international technology companies, utilizing engineering graduates based in Trinidad and Tobago.
“Trinidad and Tobago is the best place in the Caribbean for a world class manufacturing operation.” This is the testimony of Canadian Terrance Ortt, Chief Executive Officer of Domus Windows & Doors Ltd., a multi-million dollar establishment which moved its high-tech operations from St. Kitts to Trinidad and Tobago in 2018.
At the top of their list of reasons for setting up in Trinidad was the low cost of electricity as compared to other Caribbean islands in addition to the availability of skills relevant to the company’s business. “Workers in T&T are the best we’ve found in the Caribbean” said Ortt at the official launch of the factory in Chaguanas, on Tuesday 19th February, 2019.
Photo Caption: Terrance Ortt, Chief Executive Officer of Domus Windows & Doors Ltd.
Domus designs, manufactures, sells and services a full range of uPVC windows, doors and other related products to customers in the Caribbean, Puerto Rico and South American markets. Their products are highly sought after particularly in hurricane prone countries because of their superior performance and ability to resist winds up to 230mph. The office in Trinidad is set up to be their new base for exports to other islands and the Americas in the near future.
At the launch Christopher Lewis, President InvesTT, stated “We look forward to the synergies this state of the art, computer integrated manufacturing facility will generate: creating direct and indirect employment, being a reliable service provider to the construction industry, introducing new technology into Trinidad & Tobago’s manufacturing sector and also strengthening the local Chaguanas economy.”
As the national investment promotion agency, InvesTT was instrumental to the success of the Domus project through collaboration with various local entities during the facilitation process, in particular: the Ministry of Trade & Industry, the Ministry of National Security – Work Permits Section, the Ministry of Foreign and CARICOM Affairs, the Office of the Commissioner of State Lands, Town & Country Planning Division, Environmental Management Agency, Trinidad & Tobago Bureau of Standards and Customs & Excise Division. The agency’s Investor Services team has had a positive relationship with Domus over the years and worked hand in hand with the company to navigate the regulatory environment and walk them through every aspect of the project so that their goal could be achieved.
Photo Caption: Christopher Lewis, President InvesTT
“InvesTT has a group of knowledgeable and motivated staff. This team would be central to anyone seeking to invest in the country. We would not have succeeded without them”.
InvesTT stands ready to work with local and foreign investors, and to be their key interface, informing them of and guiding them through the regulatory process. We continue to work with the client to achieve their investment goals and possibly make new investments.
For more information on InvesTT’s services please email us at email@example.com