
November 4, 2019
Sierra Leone’s Income Tax Act 2000 and the multiple Finance Acts enacted since 2010 contain various incentives to encourage private sector investment and promote the inflow of foreign capital and technology into Sierra Leone. Additional incentives are provided to SEZs, including three-year corporate tax holidays and expedited government services including customs, immigration and registration.
The National Investment Board (NIB) was established by an Act of Parliament in July 2022 to promote investment opportunities, to act as a facilitating body and assist investors to obtain facilities relating to their business enterprises, and generally to improve the investment climate of Sierra Leone.