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Doing business in Haiti, an investor's guide

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Doing business in Haiti, an investor's guide

Haiti is an ideal location for business. Companies interested in doing business in Haiti can find lots of advantages that they would likely not be able to find anywhere else in the world.

Haiti has every potential to become an ideal location for every entrepreneur. It offers ample opportunities to invest and start business in some of its emergent sectors like, Energy, Agro-Industry and organic foods, Manufacturing, including textiles and apparel, Construction and building materials and Tourism including hotel furnishings and equipment. For U.S firms, interested to do business in Haiti, their first point of contact should be the U.S. Department of Commerce. The United States Export Assistance Center offices in the U.S as well as the Commercial Service (CS) offices located abroad will guide any interested U.S. firm of the best methods for finding an agent or distributor in Haiti. Since October 2011, the Commercial Section of the US Embassy in Port-au-Prince became a Department of Commerce Partner Post. Preparing the company statutes like Articles and Memorandum of Association normally take 10 days in Haiti with fees around HTG 15,000 - HTG 25,000, while registration with the Ministry of Commerce takes 78 days on average. Haitian law protects copyrights, inventions, industrial designs and models, patent rights, special trademarks, manufacturer's marks, and business names. Haiti's legislation encourages foreign direct investment. Import and export policies are non-discriminatory and are not based upon nationality. Most Haitian businesspersons speak English fluently. The Overseas Private Investment Corporation (OPIC) offers insurance against political risks and financing programs for U.S. investments in Haiti.

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