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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