doing business in Guyana

DOING BUSINESS IN GUYANA

If you are considering moving to Guyana, chances are you looking to start a new business, expand your existing operations, or find a job here. You are not alone. An increasing number of international companies choose Guyana to set up their offices because of the country’s recent oil discoveries, fast growth and development.

But where do you begin? Read on to find out. There are a few things you need to know about doing business and finding a job in Guyana.

Finding Business Opportunities

What are the business opportunities? How do you find them? To ensure jobs and development opportunities for Guyanese citizens and their companies, recent legislation was passed outlining the minimum percentages of services that companies would need to source locally across a number of sectors.

There are institutions designed to provide advice and guidance around opportunities and incentives for investing in Guyana. The Guyana Office for Investment (GO-Invest) helps potential foreign investors identify opportunities for investment while Guyanese citizens living abroad could rely on the Diaspora Affairs Unit for similar support.

Starting and Running a Business in Guyana

Once you’ve decided to do business in Guyana, you need to select a business structure that meets your needs. Then you need to go through the steps to register and/or incorporate. Once you’re up and running, you will need the right professional support to remain compliant.

Taxes and Taxation

A revised tax system offers great economic incentives that make the country an ideal destination for many industries. But it can be complicated, especially as a foreigner who is also managing taxes in your home country. Learn more about taxes and taxation in Guyana.

Working in Guyana

Are there jobs in Guyana? How can I find them? Are foreigners prevented from working in some industries?What’s the minimum wage? How much tax do you have to pay? How many hours per week do Guyanese work? Find out everything you need to know about working in Guyana.