The Government offers incentives to new investors, and are granted at the approval by the Commissioner of Inland Revenue through application and recommendation by the Exemption Committee. The Exemption Committee is comprising of representatives of key government ministries and technical expert with key expertise.
They may include tax holidays and duty exemptions on the import of certain capital goods.
Further information can be obtained from the Inland Revenue Division.
You can find out more about these tax incentives and duties by visiting the relevant InvestSolomons page on the Solomon Islands Government’s Business Registry website.