Loading

ABOUT US

As the National investment promotion agency, the Centre for Facilitation of Investments (CFI) was established on January 31, 2006 by a presidential decree, and created as a result of a public and private sector partnership – reflected in its mixed board structure – in response to the need to simplify regulations and procedures to increase economic activities in the country.

The CFI acts as the Interministerial Commission on Investments Secretariat and the National Council of Free Zones Secretariat providing administrative support and technical assistance.

The CFI is also involved in the Caribbean Association of Investment Promotion Agencies (CAIPA) along with 19 other Investment Promotion Agencies throughout the Caribbean and acts as a Director on the Board of the Association.

“ The CFI is the first port of call for foreign investors interested in Haiti. Because of this, we have put a lot of work into improving our website, and providing up to date information on the economy, as well as the business climate. Information is key, and we are continually improving the quantity and quality of information that we provide. In recognition of this effort, the CFI has recently received a “best-performance” ranking from the World Bank’s investment index, which improved our grade by 37 % to 85 %. While there is still room for improvement, we are ahead of the regional average of 69 %.”

Norma Powell, Director General, CFI

haitiataglance

HAITI AT A GLANCE

Country Profile

Official Name

Republic of Haïti

Date of Independence 

January 1st 1804

Capital 

Port-au-Prince

Other Major Cities

Cap-Haïtien, Gonaïves, Les Cayes, Jacmel

Area

27,750 km2  

Developed lands (20 % of the area)

Agricultural lands (17 700 km2 -64,22% of  total

area)

Climate 

Tropical; an average minimum of 20°C (63°F) to an

average maximum of 34°C (94°F)

Hurricane season: June to October

Language

Official languages: French and Haitian Creole.

English is widely spoken in the business

community. Spanish is also

spoken by many.

Population

10,173,775 (2012)

Average Annual Growth

Population 1.6 % (2003-2009)

Labor Force 2.2 % (2003-2009)

Currency

Haitian gourde (HTG,US$ 1= 44 (monthly average for

August 2013).The U.S dollar is accepted everywhere

Key Sectors

  • Agribusiness
  • Construction
  • Energy
  • Manufacturing
  • Telecommunications
  • Tourism

Electricity

The standard is 110 V, 60 Cycles , with american

outlets.220 V is also available.

Infrastructure

1,900 km of coastline  

3,600 km of roadways

2 international airports

  • Toussaint Louverture airport in Port-au-Prince
  • Hugo Chavez international  in cap-Haitian

4 domestic airports(Jacmel, Jérémie, Les Cayes, Port-de-

Paix)

Acces to 7 main ports:Port-au-Prince,Cap-

Haitian,Gonaives,Jacmel,Miragoane,St Marc,

Les Cayes

Climate 

Fiscal year :October 1-September 30

Political System

Unitary Semi-Presidential

loading map – please wait…

CFI: 18.546023, -72.354584
Airport: 18.539269, -72.336408
Airport: 19.756220, -72.199669
Airport : 18.270410, -73.788516

Key Sectors

Economic activity in Haiti has picked up over the last years and prospects appear good for continued growth and investment opportunities, as the country shifts its focus from relief to reconstruction. According to the World Economic Forum, Haiti possesses the economic fundamentals that could enable it to become a vibrant marketplace by 2030 through a combination of smart public and engagement of the national and international private sectors. In order to stimulate economic growth, the Haitian Government, through the Presidential Working Group on Competitiveness (GC), identified six key investment sectors that could create large number of jobs, increase productivity and create numerous micro, small and medium enterprises (SMEs), the backbone of any economy. Therefore, the Haitian Government, with the help of CFI, has been focusing its efforts on attracting investments in the following key sectors: Agribusiness, Construction, Energy, Manufacturing, Telecommunications and Tourism.  

Doing Business in Haiti

The regulatory environment of Haiti has improved above the rest of the countries in the region.This trend is expected to continue in the following years:

  Get Started

Doing business in Haiti has never been easier

The government of Haiti is committed to improving the regulatory framework by undergoing important reforms. In the last years, the government of Haiti has introduced reforms to improve the investment climate and therefore, facilitate the investment in the country:

  • Starting a Business: Haiti eased business start-up by eliminating the review by the President’s or the Prime Minister’s office of the incorporation act submitted for publication.
  • Getting Credit: Access to credit was strengthened with a new law that broadens the scope of assets that can be used as collateral, allows future and after-acquired property to be used as collateral, and extends the security interest of the creditor automatically to the products, proceeds, and replacements of the original asset.
  • Trading Across Borders: With the implementation of the ASYCUDA system and 24-hour operations at the port, goods can be cleared faster in Haiti. The time required to export was also reduced by a day, by implementing risk-based inspections in customs.
  • Registering Property: The time to register property was decreased by decreasing time to register at the tax authorities. Time to register the sale contract has been reduced.

Registration of your Company

This section describes the basic requirements of the different business structures for investing in Haiti, as well as the key formalities that a foreign investor must fulfill in order to set up or start up each of them.

Haitian legislation provides for the existence of different patterns of organization in regards to the creation of companies.

Please click in the sections below to learn more about specific characteristics of each type of company, the administrative steps and the needed documents to establish any type of company:

Haitian Law gives provisions for the creation of company limited by shares. However it is rarely used. The steps for its registration would be the same as the Limited Liability Corporation.

Foreign companies can also create a branch of any other form of company. Branch of General Partnership, Limited Partnership or else are thus possible. They will follow the same pattern as the procedure for the branch of LLC. However there will be some modifications, for instance there is not a publication in the official gazette.

Registration of your Company Trade Name

The first step to establish a company is to verify the availability of the name chosen. Thus, it is important to go directly to the Ministry of Commerce and Industry to verify the availability of the name in the Registry.

For an Individual Company the registration of the commercial name is the main procedure. For all the others, the name chosen is incorporated in the bylaws and other legal documents after verification. If the company is willing to use another commercial name besides its company name, it will follow the same procedure as the one used for the individual company. Please find attached the steps to register a trade name.

Due to the exposure to potential liabilities, most foreign investors create a subsidiary in Haiti by participating in a Limited Liability Corporation. Others choose to work directly with or do business through already-existing subcontractors.

The standard working day is set at eight hours, with a 48 hours working week. Large majority of businesses do not operate on Sunday.

All Employers are subject to the following law:

  1. All employers are required to respect the minimum wage;
    - The minimum wage is 200 gourdes, but not for middle management and high skilled labor.
  2. All employers are required to register their employees to the State Tax Income Office (DGI) without exception, may it be temporary or otherwise.
  3. All employers are required to respect minimum health and safety regulations;
  4. All employers are required to contribute to:
  • Social Security (ONA)
  • Workers Compensation
  • Accidental Coverage
  1. Investors are free to hire foreign employees subject to a working permit issued by the Minister of Social Affairs and Labor (See Overview of labor regulations)

Intellectual and Industrial Property

Haitian legal framework honors invention and copyrights, industrial designs, manufacturers and business trademarks.

Haiti is a signatory to the following:

  • Buenos Aires Convention of 1910
  • Paris Convention of 1883 regarding patents
  • Madrid Agreement regarding trademarks
  • Bern Copyright Convention

The law protects individuals and enterprises against patent infringement, fraud and unfair competition.

Please find the procedure to register:

  Investment Zone

Investment Zones (IZs) have great potential to boost job creation, reconstruction, and economic growth in Haiti. Different Investment Zones are available in Haiti.

Free Zones – Industrial Park with free zone Status

A free zone is a portion of land that is clearly delimited and entirely fenced in, creating an enclave that is applied, under supervision of the General Customs Administration, a special customs and tax system.

Specific activities can be conducted in a free zone.

Specific procedure should be followed to obtain the free zone status.

Specific incentives are offered for investment in free zones.

For further information please see the official brochure and visit the Free Zone Department website: www.dzfhaiti.com

Shodecosa Industrial and Commercial Park is the leading provider of storage space in Haiti, with over 2,500,000 square feet in Port au Prince and Gonaives. It has been operating in Port au Prince since 1979 and is presently owned and managed by the WI Group, the leading local investor in port facilities and bulk/break bulk storage.

For more information, please visit the WIN Group website.

  • Approximately 250 acres
  • Close to major population centers: 30 minutes to Cap Haitien by road, 30 mn to Port-au Prince by air
  • Connected to regional road network
  • Close to port at Cap Haitien, which can currently handle an excess of 1,000 containers per month
  • Close to Puerto Plata, Manzanillo, and Santiago Ports
  • Easily Accessible
  • The largest Korean textile company, SAE-E, is the first operator at Caracol Industrial Park, with 400 workers initially and 20,000 workers over the next 4 years

Integrated Economic Zones

Integrated Economic Zones (IEZs) are in integral part of Haiti’s push towards development. IEZs have three components:

  • Free trade /export
  • Industrialization
  • Regional or growth-centric approach

This economic approach, buttressed by HOPE, New Political and Economic reforms and International backing, is positive for Haiti and its domestic and foreign investors.

From an economic standpoint, Haiti will be the net beneficiary of the following:

  • Increase in capitol stocks
  • Increase in job opportunities
  • Income from exports and exchange earning
  • Technology Transfers
  • Increase in overall economic activities

From an investor standpoint, the opportunities are limitless! To name a few:

  • Lower operational costs due to lower wage
  • Smaller political risks
  • Lower transport cost due to proximity and larger cargo trans-shipment
  • Potential to attract foreign capital for reinvestment in areas outside of IEZ
  • Reduced customs procedures
  • Duty free means of acquiring and secure inputs without paying duties
  • Inexspensive sources of energy and water
  • Short and long term bonded storage and warehouse facilities

How CFI can assist you

CFI will provide you with the relevant information pertaining to establishing your company in an industrial park or a free zone. CFI can organize site visits and can ensure the liaison with both private owners and public institutions associated with the industrial parks.

  Infrastructure

Port-au-Prince, Cap Haitien, Gonaives, Jacmel, Puerto Plata (DR), Manzanillo (DR) and Santo Domingo (DR) all of them with capacity to handle international container traffic.

  • Proximity to US market: 72 hours by boat, ideal for quick inventory replenishment and turnover.
      • 1,142 km Port au Prince – Miami
      • 1,102 km Puerto Plata – Miami
  • Haiti has 4,160 km of roadways. 1,011 km paved and 3,149 km unpaved. They connect the capital to all major cities through two main highways:
      • Route Nationale #1 (The Northern Highway) links Port-au-Prince with the northern port Cap-Haïtien through the coastal towns of Montrouis and Gonaïves.
      • Route Nationale #2 (The southern highway), links Port-au-Prince with Les Cayes via Léogâne and Petit Goâve.
  • Good connection with DR infrastructure: Manzanillo, Puerto Plata and Santo Domingo Port Terminals.
  • Two (2) international airports : Toussaint Louverture Intl (Port-au-Prince), Hugo-Chavez International Airport (Cap-Haitien).
  • Haiti shares the island with the Dominican republic. (6 hours from PAP to Santo Domingo; 3 hours from Cap-Haitian to Santiago). International Dominican Airports (Pena Gomez) can also be used to reach Haiti.
  • Four (4) domestic airports: Jacmel, Les Cayes, Port-de-Paix, Jérémie.
  • A charter-type service has a connection twice a week between Cap-Haïtien and Providenciales (Bahamas)
  • Direct flight to some Caribbean countries such as Dominican Republic, Curacao, Cuba, Turks and Caicos and Panama.
  • Toussaint Louverture International Airport hosts a number of international airlines including Air France, Air Caraibes, Delta Airlines, American Airlines, Copa Airlines, Continental Air Canada and Insel’Air.
  • More than 10 international Airlines with direct flights to Port-au-Prince from USA, Canada, France, Panama and Dominican Republic.
  • 157 flights per week to Port-au-Prince providing 19.503 seats (excluding UN or charter flights). Big jump from 35 flights per week in 2005 or even 85 flights/week in 2008.

Taxes and Incentives

The Haitian tax system

Haitian and foreign companies operating in Haiti are subject to the same tax regulations, and must pay the same taxes with very few exceptions, regardless of their line of business.

According to the Haitian Tax Code, companies must pay a corporate tax. This tax is directly imposed on real earnings or net revenues realized during a fiscal year. Individuals are also required to pay taxes on their entire income.

The law also provides for the payment of an indirect tax; it is the tax on revenues for consumer transactions or on the use of goods and services in Haiti, and also on the self-delivery of goods and services.

  • The corporate tax rate is 30%
  • The individual income tax rate ranges between 10% and 30%
  • The tax on value added has a rate of 10%

Besides these main taxes, investors must pay various other taxes and fees when
registering their companies and while in operation, including:

  • The tax identification card (Payment of 50 Gourdes).
  • The professional identification card (Payment of 6 Gourdes).
  • The tax clearance (QuitusFiscal) (Payment of 250 Gourdes).
  • The license to operate (Payment of 100 Gourdes).
  • The license has a fix tariff and a variable tariff. The fix tariff is based on the sector of economic activity and the municipality where the business will be established, according to a pre-established rate. The variable tariff is obtained by multiplying the base defined below by a rate of two for a thousand. The base of the variable tariff is equal to the difference between earnings and wages paid between October 1st and September 30th of the year preceding the due date of the license. It is rounded down to the nearest thousand Gourdes.
  • § The tax on shares, or 30 cents per hundred Gourdes (Only for traded partnerships).
  • § The transmission right in case ofcessation of shares and conversion of titles, or 20 cents for every one hundred Gourdes (Only for traded partnerships).
  • § The stamp duty on shares representing 2% of the nominal capital of each share. This tax will never exceed 5,000 Gourdes (Next payment due at the renewal of the partnership agreement).
  • § The foreigner license. This fee represents 50% of the quintupled amount of the license and is based on the current municipal rate. A foreigner who has several business establishments or manages different lucrative activities is subject to multiple licenses (Annual tax can be prorated to reflect the number of months remaining based on the start date of the activity during the fiscal year).
  • § The land tax on buildings is a real communal tax based on the building’s rental value. This tax has a progressive rate ranging from 6% to 15%.
  • § The payroll tax which is 2% of the amount of paid wages and all other salaries and compensations (Monthly tax).
  • § Social security contributions paid by employers to the National Insurance Office (ONA), which is 2% for commercial enterprises, 3% for industrial, agricultural, and real estate companies, and 6% for mining companies; and contributions ranging between 2% and 6% to the Insurance Office for work-related injuries, accidents and maternity (OFATMA), depending on the employee’s salary.

Specific Incentives to the investment code

The Haitian government, through the Investment Code, grants general and specific incentives to eligible sectors and activities, depending on the sector, in order to attract investors. Businesses receive these incentives when:

  • § They are registered in Haiti
  • § Theystart their operations
  • § They are already in operation but are making a new investment, starting a new activity.
  • § They were already taking advantage of the incentives offered in the Code, and are
  • § expanding, acquiring new equipment and modernizing.

The Center for Facilitation of Investments (CFI), as the Technical Secretariat of the Inter-ministerial Commission of Investments, is responsible for providing information to the public regarding the procedures that are in place for granting incentives, for receiving and processing applications for incentives, and for transferring them to the related Ministries for technical analysis of the projects. The CFI also tracks these requests until the Inter-ministerial Commission of Investments makes an administrative decision. Applications for requesting incentives are available at CFI.

  Legal Framework

Trade Agreements   

Conditions have never been more favourable to conduct business in Haiti! With renewed optimism and openness, Haiti is on its way to a brighter future. Haiti, a member of the World Trade Organization (WTO), is open for business.

Haiti and the United States of America

The US, Haiti’s largest trading partner has made it easier to conduct business under such bilateral agreement as:

  • § The U.S. GSP, the 806.0, the 807/TSUS
  • § The Caribbean Basin Initiative / (CBI-II)
  • § The Hope II Act
  • § The Help Act.

These agreements facilitate the manufacturing of an array of goods subject to specific requirements and benefiting from:

  • § Exemption from customs duties
  • § Financing from U.S institutions

Haiti and The European Union

Haiti, a signatory of the fourth Lomé Convention in 1989, benefits preferential tariff from the largest common market in the world. Its products are allowed to enter the European Union market duty-free and are not subject to any restriction.

Haiti equally benefits from:

  • § The Cotonou Agreement of 2000
  • § The Economic Partnership Agreement (EPA)
  • § The Cariforum-EU EPA

Haiti and the Caribbean Region

Haiti is a member of the Caribbean Economic Community (CARICOM), the CARIFORUM comprising the CARICOM countries and the Dominican Republic, the Association of Caribbean States (ACS) and has cooperative arrangement with Cuba, Brazil, Venezuela and various other countries.

Haiti and the rest of the world

Under the principle of most-favoured-nation, Haiti has signed bilateral trade agreements with the following countries: Canada, Argentina, Bahamas, China, Colombia, Denmark, Dominican Republic, Germany, Iceland, Israel, Italy, Japan, and Liberia.

For further information about trade agreements please visit: http://ctrc.sice.oas.org/

Investment Protection

Bilateral Investment Treaties

The investment protection guarantees provided by the 1987 Constitution and the Investment Code have been strengthened by the signing of several international agreements with major exporting countries including USA, France, Great Britain and Germany, who are all committed to ensuring a fair and equitable investment treatment.

These agreements outline just and equitable treatment, national treatment, free transfer of interest, dividends, profits and other income earned by nationals of each country.

  • §The investor has the freedom to make all  investment and commercial transactions authorized by the laws and the Constitution.
  • §The state refrains from interfering in the activities of private enterprise, except to ensure compliance with laws and regulations.
  • §Subject to the provisions of the Constitution, no monopoly can exist for a company whether private or public.
  • §When a state or controlled by the state company and a private company (foreign or Haitian) engage in competitive economic activities, the same laws apply to them.

The Haitian investors and foreign investors enjoy the same rights and privileges and equal protection under the law.

Dispute settlement

Litigations are submitted to the Haitian Court. However if provisions for international or national arbitration are found, then different procedures are followed. Arbitration is encouraged and allows avoiding the length of the national court procedures. The Haitian Arbitration and Conciliation Chamber are established to provide mechanisms for conciliation and arbitration in cases of private commercial disputes.

In 2009, Haiti signed and ratified the 1965 Convention on the Settlement of Investment Disputes between states and nationals of other states (ICSID). Investors can seize the ICSID arbitration state in case of litigation with the State.

Investment Guarantee

MIGA

The Haitian government has ratified and completed its accession to the World Bank’s Multilateral Investment Guarantee Agency(MIGA), now operating in Haiti. MIGA’s guarantees investments against-non-commercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. Since their inception in 1988, MIGA has issued more than $24 billion in political risk insurance for projects in a wide variety of sectors, covering all regions of the world.

OPIC

Overseas Private Investment Corporation(OPIC) offers insurance against political risks and financing programs for U.S. investments in Haiti. OPIC financing includes two programs: direct lending and investment guarantees. Direct loans are available to investment projects sponsored by or involving U.S. small businesses. Investment guarantees are available to U.S. eligible investors of any size.

In 1996, OPIC established an on-lending facility with Citibank-Haiti through which the bank loaned to locally investing businesses. In addition, OPIC recently established a new on-lending facility with Citibank available to several Caribbean countries, including Haiti.

CFI100 – ONE CLICK BUSINESS

                    Doing Business In Haiti

greeny

Download the 2013 Investment Guide

InvestmentGuide

Couverture

 

 CFI Gallery

 

cfi100-
CFI100
CFI-PRO

 Username:

  Password:

 

 Director General
 Norma POWELL
 Center for Facilitation of Investments
 Email  : dg@cfihaiti.com
Deputy Director General 
 Maud DUPITON
 Center for Facilitation of Investments
 Email  : maud.dupiton@cfihaiti.com
 Director, Administrative and Financial Department
 Sheyla BELLARME
 Center for Facilitation of Investments
 Email  : sheyla.bellarme@cfihaiti.com
 Director, Facilitation Department
 Marcus Boereau
 Center for Facilitation of Investments
 Email  : marcus.boereau@cfihaiti.com
 Director, Promotion Department
 Ivy Kuperberg
 Center for Facilitation of Investments
 Email  : ivy.kuperberg@cfihaiti.com
Study and Research Department
 Ben Kett
 Center for Facilitation of Investments
 Manufacturing and BPO Lead Sector
 Radley Joseph
 Center for Facilitation of Investments
 Email  : radley.joseph@cfihaiti.com
 Tourism Lead Sector
 Farah Michel
 Center for Facilitation of Investments
 Email  : farah.michel@cfihaiti.com

 

 Agro Business Lead Sector
 Elodie Lefort
 Center for Facilitation of Investments
 Email  : elodie.lefort@cfihaiti.com

CFI, Center  for Facilitation Of Investments

116, Avenue Jean Paul II

Turgeau, Haiti

Phones: 509.37.01.89.65

        509.37.01.89.67

        509.28.11.72.34

Email: info@cfihaiti.com

Twitter: @cfiht

Facebook: cfihaiti