July 12, 2025
On June 18, the Ministry of Economy and Finance (MEF) of Haiti announced a set of incentive measures as part of the 2024–2025 amended national budget, aimed at stimulating private investment and revitalizing domestic production. According to Minister Alfred Fils Métellus, the reforms are intended to “support businesses, protect jobs, and foster economic growth.”
Under the revised investment framework, companies investing in the modernization of their infrastructure will now benefit from unlimited tax and customs exemptions on the importation of raw materials and equipment. This provision, outlined in Article 30 of the revised budget, amends Article 28 of the Investment Code.
The new incentives also extend to export- and re-export-oriented enterprises, which will receive full exemptions on inputs necessary for their operations. The goal, the Ministry noted in a June 28 notice, is to enhance Haiti’s international competitiveness.
For the agricultural sector and cooperatives, the exemption period has been extended from seven to ten years, allowing more time to recoup investments. Similarly, artisanal businesses will now enjoy ten years of exemption—up from five years—facilitating the importation of tools and packaging materials.
Domestic industrial companies will also benefit from an extended ten-year window for importing equipment and raw materials. These adjustments are provided under Article 34 of the amended budget, which modifies Article 35 of the Investment Code.
In a move to support local manufacturing, excise duties on domestically produced alcoholic and energy beverages have been reduced—from 15% to 6% and 10%, respectively. Imported equivalents, however, remain taxed at 30%. The Tax Directorate (DGI) and the Customs Authority (AGD) have been instructed to implement these measures with rigor and efficiency.
