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Investment Act No. 42 of 2014.

País/Territorio
Granada
Tipo de documento
Legislación
Fecha
2014
Fuente
FAO, FAOLEX
Título completo
An Act to promote, encourage and protect investment in Grenada by providing investors with a stable framework of fundamental and enforceable rights and guarantees that ensure security and fairness in strict accordance with the rule of law and best international standards and practices resulting in economic prosperity in Grenada.
Materia
General
Palabra clave
Legislación básica Negocios/industria/corporaciones Cumplimiento/aplicación Solución de controversias Equidad Subvención/incentivo Normas
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 effect on a day to be fixed by the Governor-General by Proclamation.
Resumen

This Act lays down provisions on the designated strategic investment activities undertaken by local investors; registration of investment entities; facilitation services of the Agency to assist an investor in establishing an investment entity; investment incentives; same and equal treatment to all investors and their investment entities in Grenada, regardless of their nationality or residence; dispute resolution between an investor and the Government; and compliance with laws and regulations. The objectives of this Act are to further the socio-economic development of Grenada and to attract and facilitate investment by (I) providing an efficient, effective and a transparent system for carrying out investment; (II) enhancing and modernizing the legal framework for direct investment; and (III) promoting the development of best international standards and practices regarding direct investment. This Act applies to every direct investment made in Grenada after the commencement of this Act regardless of the nationality or residence of the investor.

Texto completo
Inglés
Página web
laws.gov.gd