How to Start A Business In Grenada: Ideas, Incentives + More

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Күн бұрын

If you've ever considered starting a business in Grenada, get the inside scoop on the opportunities within the market that Royston Cumberbatch sees as being ripe for investment on the Spice Isle.
We also discuss the ins and outs of starting a business in Grenada, applying for tax incentives and why Grenada can be a rewarding place to do business, despite the many challenges.
KEY MOMENTS:
00:00 - Entrepreneurship in Grenada
01:20 - Govnt Incentives
01:59 - Collaboration is Key
03:17 - Oversaturated Niches
05:07 - GIDC and Concessions
07:00 - Priority sectors
09:23 - Tax Implications
13:52 - Grenada's Pros
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➡ Need 1:1 Advice to Make Your Move Abroad A Reality?
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ABOUT ROYSTON
Royston Cumberbatch is the Vice President - Investment Promotion Agency at the Grenada Investment Development Corporation (GIDC). He is a qualified chartered accountant, finance consultant and business strategist.
Email: rcumberbatch@gidc.gd

Пікірлер: 20

@ExodusCollective Жыл бұрын

➡ Need 1:1 Advice to Make Your Move Abroad A Reality? 📞 Book Your Call - exoduscollective.samcart.com/products/clarity-call/

@dhayes6672 Жыл бұрын

Awesome information as always. Thanks so much. Hoping to returning home to Grenada soon and will definitely check out the links mentioned. One love and blessings. Grenada forever.

@ExodusCollective Жыл бұрын

You're most welcome! Good luck with your move!

@wendyhestick8514 Жыл бұрын

I am working at and researching this and mentoring some youth, at the moment.

@akanmoonigbosun6615 Жыл бұрын

I'm not sure how long this gentleman started with GIDC but I remembered going to them 4 yrs plus ago when I was starting my business. I was bringing in showcases, Maniquins, and other items, they were of no help...I received zero concession or help. I hope they are more useful now. The Taxes on the Ports are burdensome, the folks incharge trying to balance the budget on the backs of small businesses while giving the big business concession for everything.

@ExodusCollective Жыл бұрын

To be honest, I went to GIDC when I started trading in Grenada back in 2015 and found it to be a waste of time 🙂. I think there are different divisions within the corporation and Royston started in 2021 so there is some hope!

@wendyhestick8514 Жыл бұрын

I think he and his staff are a new wind. The website needs an update soon.

@akanmoonigbosun6615 Жыл бұрын

Oh ok, I thought it was me alone with that experience. I wish him all the best going forward, we really need visionaries on this island again. Let me go listen again this time I might not be agitated...Lol

@akanmoonigbosun6615 Жыл бұрын

@@wendyhestick8514 Thank you...

@wendyhestick8514 Жыл бұрын

The Bank Account establishing, is insane.

@ExodusCollective Жыл бұрын

Have you tried Cooperative Bank or Ariza? They're pretty straightforward...

@HerLovesBooks Жыл бұрын

Farming collectives make sense. There are lawyers on every corner in the U.S too.

@wendyhestick8514 Жыл бұрын

Billing before hearing my need or issue for representation is unusual and probably il...al.

@angelapalmer3542 Жыл бұрын

Same here in Nevis.. lawyers lawyers, and lawyers.

@Joe63933 Жыл бұрын

interesting material. I'm from Memphis,Tn. in the US. I'm a card game/board game inventor. I've also created two different t shirt brands.

@ExodusCollective Жыл бұрын

Thanks! Have you ever considered working remotely?

@Joe63933 Жыл бұрын

@@ExodusCollective it's crossed my mind as far as working in Brazil possibly.

@ExodusCollective Жыл бұрын

Nice, Brazil sounds like a very exciting destination!

@kalcyburroughs9627 Жыл бұрын

Hi good night.. I am really anxious to chat with you me and my fiance are thinking about doing business in Grenada your infoo was gr8ful but I need more 😢ASAP please

@wendyhestick8514 Жыл бұрын

Lots of lawyers🤥👀 and real estate agents 😏😞