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VI

UVI RTPark Tax Incentive Program

Tax incentive program for approved technology and knowledge-based RTPark companies.

About this program

The University of the Virgin Islands Research and Technology Park offers a tax incentive framework for approved knowledge-based and technology businesses that become RTPark clients and conduct qualifying business in the U.S. Virgin Islands.

Eligibility

Approved technology, knowledge-based, and qualifying service businesses that meet RTPark client, USVI business, employment, charitable contribution, and compliance requirements.

Requirements

  • Apply to become an RTPark client before claiming benefits
  • Provide business plan, industry, employment, revenue, USVI operations, and compliance information
  • Meet RTPark agreement, annual fee, employment, reporting, and local contribution requirements