Why Smart Companies Choose Grand Bahama

The landmark Hawksbill Creek Agreement that established Freeport not only gave GBPA administrative and regulatory powers, but granted investors a wide range of economic concessions and benefits including:

• Structured exemption from taxes on real and personal property, capital gains, earnings,
• stamp duty, excise and export taxes.
• Duty exemptions for all capital development and supplies for business operations.
• Duty free housing for Business Licencees and their employees.
• Facilitation of construction, environmental and other regulatory permits.
• Municipal support for long-term development and operations.
• Immediate access to required services infrastructure.
• Provision of social infrastructure as may be required for operations.
  Further advantages include:
• The deepest, largest and most strategically located international shipping port in the region.
• Fifty years of industrial development.
• Highly skilled labour force.
• Advanced telecoms, utilities and support services.
• An excellent mix of international businesses.

Many major international corporations have already recognized the broad range of investment and growth opportunities and have laid a foundation of success that makes Freeport an attractive base of operations for companies from virtually any business sector. The growing list of companies and contemporary entrepreneurs that have made Freeport their preferred location for business include: