The primary legislation that provides benefits and incentives to investors in the tourism and hospitality sector in Vanuatu is the Customs Duty Exemption Act. The Act clearly states that the Director of Tourism may approve duty exemption of customs duty for goods imported exclusively for the construction of new hotels or resorts, Or renovation and expansion of an existing resort, Or an addition of a minimum of 10 rooms, Or new facilities to include a casino, gym and conference facilities.
Documents required for Customs Import Duty Exemption are:
The Department will liaise with all the other government agencies to assist investors to access the benefits available within existing tourism development legislation. Developers may access tax concessions under the Customs Import Duty Exemption Act Part III in the following process: