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US Virgin Islands Business Tax Incentives Economic Development Commission offers benefits including certain tax exemptions and low duty fees. Learn more about the advantages of locating a business in the US Virgin Islands. http://www.usvieda.org/business_tax.php  St. Thomas Enterprise Zone in Savanne The Enterprise Zone program provides incentives for businesses to invest in “severely distressed” Enterprise Zone areas. It also provides jobs for the residents of such areas by offering tax benefits and regulatory relief. http://www.usvieda.org/rehabilitation.php US Virgin Islands Capital Project Financing Public-private partnership encourages otherwise cost prohibitive development of needed public infrastructure. Finance costs and improvements pertaining to infrastructure, demolition, utilities and planning costs, affordable housing, schools and more. http://www.usvieda.org/capital_project.php US Virgin Islands Government Development Bank Provides financial and technical assistance to industrial and commercial businesses within the Virgin Islands. The GDB provides loans, as well as medium and long-term credit to business entities. http://www.usvieda.org/gdb.php US Virgin Islands Small Business Development Agency (SBDA) Promotes ownership and expansion of small businesses by Virgin Islands residents. The SBDA gives would-be entrepreneurs the financial resources and technical assistance required to create and grow successful small businesses. http://www.usvieda.org/sbda.php US Virgin Islands Industrial Park Development Corporation (IPDC) Rental space for EDC beneficiaries as restricted by the agreement between the Federal Government and IPDC. Updated infrastructure, attractive rental rates, prime commercial locations. 20,000 square feet available on St. Thomas. http://www.usvieda.org/industrial_park.php |
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