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Grenada Industrial Development Corp.
Frequenté Industrial Park
St. George's
Grenada, West Indies

Phone: 1 (473) 444-1033-35
Fax: 1 (473) 444-4828
E-mail: invest@grenadaidc.com

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Permits & Licenses

 

 

The following permits and licenses are required to establish and operate a business/company in Grenada.

 

 

Land Development Permit
 

Land Development in Grenada is regulated by the Land Development (Control) Act of 1968 and the Land Development (Control) Amendment Law of 1983. Applications must be submitted to the Physical Planning Unit, which is the technical office of the Land Development Control Authority (LDCA) and must be accompanied by the following:

  • Three (3) completed copies of the application form
  • Three (3) copies of drawings to include a location plan, site plan, floor elevation and sectional plans and structural/engineering plans.

 

Fees
 

 

 

 

 

Residential Development

 

Commercial Development

 

Up to 500 sq. ft.

$19

Up to 500 sq. ft.

$37

 

501 to 1,000 sq. ft.

$37

501 to 1,000 sq. ft.

$74

1,001 to 5,000 sq. ft.

$92

1,001 to 2,500 sq. ft.

$737

More than 5,000 sq. ft.

$184

More than 2,500 sq. ft.

$1,289

* All rates are quoted in USD currency.


 

Work Permit


All non-nationals who wish to conduct a business or to be gainfully employed in Grenada must apply for a work permit. Application for work permit is regulated by the Foreign National and Commonwealth Citizens (Employment) Act No 18, 1968. Application forms can be obtained from the Department of Labour. A work permit is valid for one (1) year, and must be renewed annually.

 

Information required to obtain a work permit are as follows:

  • Complete Work Permit application form (in triplicate) signed by the intended employer on behalf of the employee
  • A Police Record /Clearance
  • Contact Numbers
  • Certified copies of educational certificates/qualifications
  • Four passport size pictures (2x2.5 and of international standards)The name of the applicant must be written at the back of the photograph.
  • Businesses are required to submit Registration certificates.
  • A company stamp must be applied.
  • A cover letter from  employer; addressed to the Minister for Labour, through the Permanent Secretary, Department of Labour
  • Character reference from previous employer or reputable person if no previous employment

 

Requirements for renewals:

  1. Contact Numbers
  2. Previous work permit
  3. Cover letter from employer
  4. Company Stamp
  5. Four (4) passport size photographs

 

The Department of Labour has the authority to request any additional information as deemed necessary. Processing time is approx. 3-5 weeks

 


Fees

  1. Persons  who belong to Anguilla, Antigua, The Bahamas Islands, Barbados, Belize, British Virgin islands, Dominica, Guyana, Jamaica, Montserrat, St. Christopher-Nevis, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago  will pay a fee of  $369. 
  2. A person who holds a Certificate of Recognition of Caribbean Community Skills Qualification, under section 7 of the Caribbean Skilled Nationals Act No. 32 of 1995, shall not be required to pay a fee. 
  3. Citizens of, or persons who belong to, Commonwealth countries other than those stated in paragraph number one (1) above, Member States of the European Economic Community and the United States of America shall pay a work permit fee of  $1,105
  4. Persons other than those mentioned in paragraphs (1),(2) and 3 above shall pay a work permit fee of $1,841.

* All fees are quoted in US Dollars

 

 

Work Permit must be renewed annually

 

Aliens Landholding License

 

All non-nationals are required to obtain an Alien Landholding Licence to hold interest in land, real estate and or shares and or to be directors of companies that own real estate. Application for this licence is regulated by the Aliens Landholding Regulations Act No.13 of 1922.

 

The licence is granted for a specific property or plot of land and is not transferable. The Alien’s Landholding Licence form must be completed and submitted to the Prime Minister's Office along with the following supporting documents:

  • Original plans of the property or land to be purchased
  • Statutory Declaration
  • Police Certificate of Character from place of residence
  • Two (2) Character References

 

Fees

 

 

 

Alien Landholding License

Property Transfer Tax

Buying:
 - Non-Nationals: 10%

Selling:

 - Non-Nationals: 15%

 - Nationals: 5%

* All rates are quoted in USD currency.

 

 

Hotel License


To operate a hotel facility in Grenada, a hotel licence must be obtained from the Ministry of Finance. Application for a hotel license is regulated by the Licence Act Chapter 172, under the revised laws of Grenada. Application for a hotel license must be submitted to the Permanent Secretary, Ministry of Finance in the form of a letter which must outline the following:

  • Name/s of the owner(s)
  • Name of Company/Business
  • Location of the facility
  • Number of rooms
  • Date of operation

 

 

Fees
 

Under 20 rooms: $375
Between 20-90 rooms: $562
Over 90 rooms: $937
 

* All fees are quoted in US Dollars
 

 

Guest House License

 

To operate a guest house facility in Grenada, a licence must be obtained from the Ministry of Finance. Application for a guest house licence is regulated by the Licence Act Chapter 172, under the revised laws of Grenada. An application must be submitted to the Permanent Secretary, Ministry of Finance in the form of a letter which must outline the following:

  • Name/s of the owner/s
  • Location of the facility
  • Name of Company/Business
  • Number of rooms
  • Date of operation

 

Annual Fee for a Guest House Licence is US$225
 

 

Trade License

 

Import License
This licence is required for the importation of goods that are locally produced but are sourced from outside of Grenada. An application must be made through the Statistics Department within the Ministry of Finance. The licence granted is valid for a period of three (3) months.

 

A stamp duty fee of US$1.88 is payable upon application for the licence.
 

 

Refreshment House License

 

All business persons who wish to operate a restaurant, snackette, eatery or any other business of a similar nature, are hereby informed of the procedure for obtaining a Refreshment House License.

  • Applications including business name, business location, and contact details should be submitted to the Inland Revenue Department.
  • Upon receipt of the application, the information will be sent to the Chief Environmental Health Officer and the Commissioner of Police, of the Royal Grenada Police Force to conduct an investigation of the structure and facilities to be utilized for the operation of the business.
  • After investigation, the findings or proposals submitted by the Ministry of Health and Commissioner of Police will be submitted to Cabinet for a decision.
  • Persons are not authorized to operate until they have been notified of Cabinet’s decision and the appropriate fee paid.
  • The annual fee is US $184

 

 

Other Licenses Fees

Type of Licence

RATE

Auditor

$184.03

Accountant

$184.03

Bank

$7,361.33

Barrister

$184.03

Blasting

$36.81

Boat - Local

$1.40 -$18.40 depending on the length of the boat

Boat - Local

$368.07 - $1,472.27 depending on the length of the boat

Brewery

$920.17

Chemist

$110.42

Cigar, Cigarette & Tobacconist

$110.42

Cinema

$184.03

Club

$184.03

Commercial Duty Free Shops

$1,840.33

Travellers

$110.42

Contractor

$184.03

Source: Grenada Inland Revenue Division (http://www.ird.gov.gd/)

 * All rates are quoted in USD currency.


 


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