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VI

UVI Research and Technology Park Client Tax Incentives St. Thomas

Technology and knowledge-business tax incentives available through UVI RTPark on St. Thomas.

About this program

The University of the Virgin Islands Research and Technology Park, headquartered on St. Thomas, offers a tax incentive framework for approved technology and knowledge-based companies that become RTPark clients and conduct qualifying business in the territory.

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