Sierra Leone Investment & Export Promotion Agency: Improving Investment and Facilitating Export
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Sierra Leone Investment & Export Promotion AgencySierra Leone Investment & Export Promotion AgencySierra Leone Investment & Export Promotion AgencySierra Leone Investment & Export Promotion Agency
  • ABOUT SLIEPA
    • Who Are We
      • Vision, Mission & Values
    • What we do
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      • SLIEPA ACT
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  • WHY SIERRA LEONE
    • About Sierra Leone
    • Reasons To Invest In Sierra Leone
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  • INVESTMENT
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  • EXPORT
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  • TRADE INFORMATION
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    • Comprehensive Market Statistics
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Reasons To Invest In Sierra Leone

    Home Reasons To Invest In Sierra Leone

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    There are many reasons investors should consider Sierra Leone as their destination for investment.

    • Strategic access to markets,boasting a natural deep water harbour. By plane: 3h from Lagos, 4h from Brazil, 6h from Europe, 8h from North America, 11h from China.
    • Social and Political stability. An investor-minded government. Heavy investment in infrastructure to facilitate trade.
    • Duty free access to global markets (EU, USA, ECOWAS, Mano River Union)
    • First Mover advantage: Total arable Land of 5.4 million hectares
    • Attractive fiscal and non-fiscal investment incentives.
    • 4.7% Projected real GDP growth rate – 2020
    • Population young and eager to work

    First-mover advantage: Because of the relatively low numbers of current investors in some sectors, your company may enjoy the benefits of a first-mover advantage. However, with the government focused on improving the investment climate and removing administrative barriers for doing business, this advantage will be available only to those who act now.
    Favorable tax rates for key sectors: In addition to boasting beautiful, undeveloped beaches, historical sites, and attractive flora and fauna, Sierra Leone also has favorable tax rates for tourism investments. They are exempted from corporate income tax for the first five years and exempted from Pay As You Earn (PAYE) income tax for up to six employees with “non-available skills” for the first three years of employment. Investors in agriculture also enjoy favorable tax rates. For example, investments in tree crops and rice are exempted from corporate income tax for the first 10 years.
    Duty-free access to large markets: Sierra Leone provides duty free access to large markets under treaties such as African Growth and Opportunity Act (AGOA) with the United States, and the Cotonou Agreement with the European Union. Your company can capitalize on this access by establishing itself to supply these markets. In addition, regional and domestic demand is high for certain agriculture products, fresh or processed fish, and meat.
    See why it’s time to invest in Sierra Leone..

    Tourism & Hospitality
    Tourism & Hospitality
    Redefined Banking System
    Redefined Banking System
    Culture/Exquisite Life style
    Culture/Exquisite Life style
    Infrastructure Set-up
    Infrastructure Set-up
    Open Economy
    Open Economy
    Social & Political Stability
    Social & Political Stability

    About SLIEPA

    • Who Are We
    • What We Do
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    Doing Business

    • Starting a Business
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    • Registering Property

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    Contact Us

    Office
    O.A.U Drive, Tower Hill, Freetown Sierra Leone

    Phone Number
    +232 25 332 863

    Email Adress
    info@sliepa.org

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