Government of Jamaica
If you’re in tourism – or even thinking about stepping into the industry – you’ll want to pay close attention to this.
The Tourism Product Development Company (TPDCo) is once again hitting the road with its Licensing Expo, and this year’s edition is bigger and more inclusive than ever. For the first time, the tour is making a stop in Falmouth, a growing hotspot with real tourism potential.
So what’s all the fuss about?
Well, imagine a one-stop shop where you can get all your licensing questions answered, connect with key agencies, and walk away more informed – and better equipped – to grow your tourism business. That’s exactly what this expo offers. Whether you run a villa, operate a tour, or you’re thinking of launching a small attraction, this is where you need to be.
“Why should I even get licensed?”
Glad you asked. Getting licensed isn’t just about ticking boxes — it opens doors. Licensed tourism businesses are recognised as approved tourism undertakings, and with that comes access to a whole suite of benefits under Jamaica’s Omnibus Incentive Act.
Let’s break it down:
- Tax Relief: Ever heard of Productive Input Relief (PIR)? It allows you to bring in goods like kitchen equipment, AV gear, even animal feed – all duty-free.
- Lower GCT: Licensed operators pay just 10% GCT, which means more competitive pricing for your guests.
- Capital Allowance: If you build or renovate, you can claim significant tax allowances – up to 20% in the first year alone.
- Employment Tax Credit (ETC): If you’re doing right by your staff (and we hope you are), you can claim a tax credit of up to 30% of your profit taxes.
- Lower Corporate Income Tax: Approved businesses enjoy a reduced rate of 25% – which adds up over time.
That’s not just helpful — that’s game-changing.
“So why the Expo?”
TPDCo wants to meet you where you are. Whether you’re based in Negril, Montego Bay, or now Falmouth, the expo offers face-to-face help. It’s hands-on, helpful, and human – not just another bureaucratic maze.
There’ll be agency reps on-site, ready to guide you through whatever hurdle you’re facing. Whether it’s figuring out how to register your business, or understanding what incentives you’re eligible for, help is right there.
Ready to Grow?
Tourism isn’t just for big hotels and all-inclusives – it’s for everyone. If you’ve got a product, a place, a passion – this is your invitation to level up. And the TPDCo Licensing Expo 2025 is here to help you do just that.
Check out the schedule or follow @tpdcoja on Instagram, Facebook or X for more details and show up prepared