SECTION 5

Incentives & Assistance

5.1 - INCENTIVES

Incentives provided by the Fiji Revenue & Customs Services are focused on certain key sectors.

Under these key sectors, various tax and customs incentives are provided. Details of these incentives are given in website link

Key incentives include:

• Agriculture Incentives
• Fisheries Incentives
• Manufacturing Incentives
• Environmental Incentives
• Film Making & Audio-Visual Incentives
• Information Communication Technology Incentives
• Small and Micro Enterprises (SME’s) Incentives
• Tax-Free Region Incentives
• Warehouse Construction Incentives
• Hotel Investment Incentives
• Medical Investment Incentives
• Residential Housing Development Incentive
• Maritime Vessels Investment Allowance
• Employment Incentives
• Electric Vehicle Charging Station
• Modernization of Building Incentive
• Retirement Village Incentives
• Manufacture of Pharmaceutical Products Investment
• Subdivision of Land Incentive
• Recycling Business Investment Incentive
• Submarine Network Cable Investment Incentive

I. Export Income Deduction

For tax year 2023 and 2024, the Export Income Deduction (EID) will be allowed at the rate of 90% for agriculture, forestry and fisheries sector whilst other industries will qualify for EID of 60%. This incentive is available until 2024.

II. Trade Facilitation and Border Control – Authorised Economic Operators (AEO)

As part of the Fiji Government’s commitment towards trade facilitation to the international community, trading partners and Fiji’s ratification to the WTO Trade Facilitation Agreement, FRCS has launched the Authorised Economic Operators (AEO) initiative which will see seamless flow of goods across borders through Mutual Recognition Agreements (MRA’s). Traders who are part of this program will be entitled to a number of benefits.
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More information on the AEO Programme can be accessed via the website link

5.2 - ASSISTANCE

Government Ministry provide different levels of assistance to exporters.

I. Forestry

• Goods Eligible for Duty Concession
  Companies involved in or with the logging industry – New cabs & chassis
• Forestry Subsidy Assistance Scheme
  There are subsidies for income-generating forestry projects, specifically those that target small forest based producers or use wood waste, community-driven forest-based production and other small-scale wood industries.
• Seed Capital Revolving Fund (SCARF)
  - Assist resource owners in making use of their resources
  - Project proposal not to exceed $250,000
  - Proposal to be vetted by the Ministry of Forestry
  - Facility managed by FDB

II. Manufacturing

• Fijian Made – Buy Fijian Made
  A branding initiative by the Fiji Government to promote and increase the profile of Fiji-made products in the local, regional and international markets. To apply for this brand, click on this website link or contact Ministry of Trade, Cooperatives, Small and Medium Enterprises and Communications.
• Young Entrepreneurship Scheme (YES)
  The Young Entrepreneurship Scheme is developed to provide assistance to young entrepreneurs to build and support innovative business projects. For more information on this scheme, click on this website link or contact Ministry of Trade, Cooperatives, Small and Medium Enterprises and Communications.
• National Export Strategy (NES)
  A Government grant facility, which aims to assist existing and new exporters in achieving competitiveness, value addition, export diversification and growth in targeted markets overseas. For more information on this grant facility and its criteria, click on this website link or contact Ministry of Trade, Cooperatives, Small and Medium Enterprises and Communications.
• Economic Zone
  The Navutu Special Economic Zone (SEZ) in Lautoka aims to boost economic recovery by expanding the Fijian economy and diversifying sectors. Located near seaports and airports, the Zone will provide infrastructure and utilities for commercial and industrial development. It will create employment opportunities, increase investment, and foreign revenue. The SEZ aims to make Fiji a center of excellence in socio-economic development, focusing on the light/green manufacturing, ICT/BPO services, warehousing, retail, and Green Energy Industries sectors. For more information on the zone and the eligibility to apply, click on this website link or contact Ministry of Trade, Cooperatives, Small and Medium Enterprises and Communications.