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Economic Empowerment Zones Act No. 28 of 2018.

País/Territorio
Bahamas
Tipo de documento
Legislación
Fecha
2018
Fuente
FAO, FAOLEX
Fuente original
Extraordinary Official Gazette, 5 October 2018.
Título completo
An Act to promote the redevelopment of communities of The Bahamas through the granting of certain exemptions and fiscal incentives for the renovation and restoration of property and the encouragement of businesses in a designated economic empowerment zone and for matters connected thereto.
Materia
Tierra y suelos, General
Palabra clave
Negocios/industria/corporaciones Concesión Recopilación de datos/informes Inspección Comercio interior Pequeños agricultores/campesinos Subvención/incentivo Tasa/impuesto Ordenación comunitaria Tenencia de tierras Propiedad Terrenos privados
Área geográphica
Americas, Caribe, América Latina y el Caribe, Atlántico Norte, Pequeños estados insulares en desarrollo
Entry into force notes
This Act shall come into force on such date as the Minister by nıtice appoint and shall expire on 1 July 2023.
Resumen

This Act lays down provisions for designating community areas as economic empowerment zones and encouraging the economic and social empowerment of residents in the zone, for granting certain exemptions and fiscal incentives to persons engaging in economic activities in the designated zones, for promoting the construction, renovation and restoration of property and structures in a designated zone, and for encouraging the principles of corporate social responsibility. This Act sets out application procedures for concessions to the property owners and to businesses, inspection and record keeping requirements of all businesses within the zone approved for concessions, duty of businesses to promote corporate social responsibility, and offences and penalties.

Texto completo
Inglés
Página web
laws.bahamas.gov.bs