The Economic Development Commission (EDC) designed unique and attractive tax incentives for qualified businesses in order to promote investment and growth in the territory. This applies to various industries like manufacturing, transportation, services, R&D or any
business that will advance the economic well-being of the Virgin Islands and its people.
This tax incentive program also makes the Virgin Islands an ideal place to relocate your business and has proven to be profitable times over.
Below are some of the benefits your business can reap if eligible for the EDC program:
In order to receive benefits from the V.I. Economic Development Commission, an applicant must: