Secretariat TPR |
WT/TPR/S/320 |
S-III§79 |
Guyana |
2015 |
Measures |
Export licences |
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Relevant information
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(...) Non-automatic export licensing requirements are imposed on the grounds of, inter alia, ensuring that domestic demand or demand in the preferential market is met, environmental protection, public safety, and revenue monitoring.
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Secretariat TPR |
WT/TPR/S/320 |
S-III§93 |
Guyana |
2015 |
Measures |
Tax concessions |
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Relevant information
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(…) The Minister of Finance may grant corporation tax exemptions of up to 5 or 10 years to non-traditional economic activities ("new economic activities") [41] on the condition that the activities create employment in a wide range of sectors including non-traditional agricultural development, information and communications technologies, and infrastructure development. (...)
[41] Income tax exemption for longer than ten years only granted to infrastructural development including the production of electricity using renewable sources of energy. See Income Tax (In Aid of Industry) Act.
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Secretariat TPR |
WT/TPR/S/320 |
S-III§97 |
Guyana |
2015 |
Measures |
Grants and direct payments |
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Relevant information
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(...) In addition, a small amount of grant (G$300,000) were offered to small businesses in 17 sectors deemed as "low carbon sectors". The low carbon sectors are identified in the Guyana Low Carbon Development Strategy, and include fruits and vegetables, aquaculture, business process outsourcing and ecotourism.
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Keywords
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Secretariat TPR |
WT/TPR/S/320 |
S-Table-IV.2 |
Guyana |
2015 |
Measures |
Tax concessions |
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Relevant information
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Table 4.2 Tax exemptions for agriculture
Zero rating of certain agricultural inputs: (...) machinery, equipment or components used in the generation of renewable energy in the agriculture sector using agricultural by-products (...)
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Secretariat TPR |
WT/TPR/S/320 |
S-IV§20 |
Guyana |
2015 |
Sectors |
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Fisheries |
Relevant information
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(...) Some amendments are being made to regulations under the Fisheries Act 2002 in regard to inter alia monitoring of catches, reflecting the developments of the international environment.
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Keywords
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Secretariat TPR |
WT/TPR/S/320 |
S-IV§22 |
Guyana |
2015 |
Measures |
Tax concessions |
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Relevant information
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Guyana grants tax exemptions to assist the industry. Certain fishing inputs are zero-rated under the VAT Act: ice for fishing purposes, fishing nets, fish hooks, sheet lead, fishing floats, cotton, and Styrofoam for use in the fishing industry. In addition, under the Customs (Amendment) Act, fishing boats, spare parts and equipment for fishing boats, and fishing equipment for use in the fishing industry are exempt from customs duties. There is no government assistance to the fishing industry in the form of grants and loans.
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Keywords
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Secretariat TPR |
WT/TPR/S/320 |
S-IV§24 |
Guyana |
2015 |
Sectors |
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Forestry |
Relevant information
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The Ministry of Natural Resources and the Environment has overall responsibility for forestry in Guyana, and the sector is regulated by the Guyana Forestry Commission (GFC). In 2012, the Guyana Forestry Commission Act 2007 and the Forest Act 2009 entered into force, respectively. Certain sections of the Acts that do not require implementation of regulations have already been implemented. The authorities consider that these Acts have effectively strengthened the legal framework to support the changing environment, addressing current needs, and supporting the growth and development of the sector as a whole. The GFC Act outlines the role, mandate and operational modalities of the GFC, such as the functions of the GFC, the role of its key officials, and the overall framework within which the GFC is to execute its mandate. The Forest Act outlines the management of the State Forest Estate, such as forest area allocation, forest monitoring, and community forestry.
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Secretariat TPR |
WT/TPR/S/320 |
S-IV§26 |
Guyana |
2015 |
Sectors |
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Forestry |
Relevant information
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All exporters of timber need to: be registered; be in possession of an export certificate; and comply with certain grading and preservation requirements. There are no price controls on forest products.
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Keywords
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Secretariat TPR |
WT/TPR/S/320 |
S-IV§28 |
Guyana |
2015 |
Sectors |
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Forestry |
Relevant information
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There are no restrictions on who may lease forests. However, only citizens of Guyana may be granted exploratory permits as individuals; such permits may be obtained by either domestic or foreign corporations. [9] (…)
[9] Under the Forests Act, an exploratory permit is a permit for operations in connection with exploration for the purposes of discovering and evaluating forest produce and includes forest inventories, social and environmental impact assessments, and topographic surveys.
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Secretariat TPR |
WT/TPR/S/320 |
S-Summary§20 |
Guyana |
2015 |
Sectors |
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Energy |
Relevant information
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(...) No electricity is currently generated from hydroelectric power. The authorities maintain their commitment to the Amaila Falls Hydro-electric Project (AFHP) and expect financing of the project to be settled in 2015. (...)
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