Marine Fisheries Incentives

Sierra Leone’s Income Tax Act 2000 and multiple Finance Acts enacted since 2010 contain a range of incentives aimed at encouraging private sector investment and promoting the inflow of foreign capital and technology into Sierra Leone’s economy.

Additional incentives are available for investors operating in Special Economic Zones (SEZs), including three-year corporate tax holidays and expedited government services such as customs, immigration, and business registration.

The Government of Sierra Leone has also introduced a suite of attractive incentives in the energy and marine fisheries sectors to promote industrial growth and sustainable development.

Example Incentives Include:

• Income tax exemptions
• Import duty exemptions
• Goods and Services Tax (GST) exemptions
• Incentives for Special Economic Zone (SEZ) investors