All sectors

:: Hawksbill Creek Agreement

Responsible Agency

Grand Bahama Port Authority

Available concessions

  • No customs duties
  • No real property taxes
  • No personal property taxes
  • No capital gains taxes
  • No taxes on earnings
  • No excise taxes
  • No export taxes
  • No stamp taxes

Duration of concessions

  • Customs duties, excise taxes, export taxes, stamp taxes: until 2054
  • Real property tax, Personal property tax, Capital gains taxes, taxes on earnings: on application for up to 20 years

Other requirements

  • Licence granted by Grand Bahama Port Authority
  • Operation within the City of Freeport only
  • Declaration relating to use
  • Customs bond