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 #1 when it comes to the lowest cost of electricity in the Caribbean and Central America (CCA) according to GlobalPetrolPrices.com. What does this mean? The country has energy resources that can substantially reduce your operational costs.
If you are looking for that next location to set up your business and to benefit from major cost savings, Trinidad and Tobago is the place to be. This twin island republic ranks 1st in the Latin America and Caribbean region for the Cost of Starting a Business by the World Economic Forum 2019.
The Global Competitiveness Report 2019, published by the World Economic Forum ranked Trinidad and Tobago favourably within the Latin America and Caribbean region on some key sub-indices.
The cost of electricity for commercial/industrial use per kWh based in the largest business city within each country. State electricity prices are the average price of electricity (per kWh) to industrial customers, inclusive of all fees and charges.
A majority of the utility providers are either jointly or fully owned by the state.
The Water and Sewerage Authority (WASA)
Telecommunications Services of Trinidad and Tobago Limited (TSTT)
Trinidad and Tobago Electricity Commission (T&TEC)
Trinidad and Tobago ranks 5th in the Caribbean and Latin American region for the cost of monthly prepaid mobile.
Mobile - Cellular prices refer to the monthly usage price for 30 outgoing calls per month in pre-determined ratios (on-net/ off-net to a fixed-line and for peak and off-peak times) plus 100 SMS messages. It is calculated as a percentage of a country’s average monthly GNI per capita.
The mobile-cellular prices are based on the prepaid price operator with the largest market share (as measured by the total number of mobile- cellular subscriptions). Postpaid prices are used for countries where prepaid subscriptions make up less than 2% of all mobile subscriptions.
Prices refer to regular (non-promotional) plans and exclude promotional offers and limited discounts or user groups or any other discounts for services specifically based on the type of phone or time of day usage.
Trinidad and Tobago ranks #2 in the Caribbean & LATAM region. (Source International Telecommunication Union – Fixed Broadband Basket 5GB, 2021 basket)
Fixed-broadband prices refer to the price of a monthly subscription to an entry-level fixed broadband plan. This indicator is calculated as a percentage of a country’s average monthly GNI per capita.
For comparability reasons, the fixed broadband prices are based on a monthly data usage of (a minimum of) 1GB. For plans that limit the monthly amount of data transferred by including data volume caps below 1GB, the cost of the additional bytes is added to the sub-basket. The minimum speed of a broadband connection is 256kbit/s. Tariffs are collected from the ISP with the largest market share (as measured by the number of subscriptions.