UN Report on Transnational Corporations and Foreign Direct Investment in Haiti

United Nations Conference on Trade and Development (UNCTAD)

Foreign direct investment (FDI) data are collected by the Bank of Haiti. The Investment Guide, prepared by the Executive Secretariat of the Manufacturers Association of Haiti, states that the Haitian Government is committed to a free-market system. Therefore, all persons and corporations involved in business in Haiti are guaranteed with the following rights and privileges:

• Free disposal of their properties;

• Freedom to hire and fire in accordance with the provisions of the Labor Code;

• Freedom to engage in commercial and industrial activities within the limitations of the Constitution and the Commercial Regulations Code;

• Protection of trademarks, patents, labels, and all other forms of intellectual property rights; and

• Minimal intervention by the State in the market: government-regulated prices are reduced for five products and services including oil, energy, telecommunications, transportation, and the minimum wage.

The Government of Haiti provides two types of incentives for foreign investment: customs duty incentives and income tax incentives. Customs duty incentives vary according to whether the production of the beneficiary is intended for the domestic market or for export.

In addition to custom privileges, eligible firms may benefit from income tax exemption according to a maturity schedule.

Haiti is a member of the Caribbean Community Common Market (CARICOM

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