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USVI Economic Development Commission Tax Incentive Program
Major tax incentive program for approved companies operating in the U.S. Virgin Islands.
About this program
The USVI Economic Development Commission offers tax incentives for approved businesses located in the territory, supporting investment and job creation in targeted industries such as manufacturing, services, tourism, health care, telecommunications, utilities, and alternative energy.
Eligibility
Qualifying businesses that locate eligible operations in the U.S. Virgin Islands and meet EDC investment, employment, residency, charitable contribution, and compliance requirements.
Requirements
- Apply to the Economic Development Commission before claiming benefits
- Provide business plan, owners, industry category, USVI operations, jobs, investment, and compliance documentation
- Receive approval and comply with annual reporting, employment, and local contribution requirements