Year:2003 (Nov 10th)
Policy status:In Force
Date Effective:2003 (Nov 10th)
Policy Type:Economic Instruments, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Multiple RE Sources, Multiple RE Sources>All
Policy Sector:Electricity, Heating and Cooling
Size of Plant Targeted:Small and Large
Agency:Ministry of Energy and Mines (Ministerio de Energía y Minas, MEM)
Legal References:Decree 52-2003

The incentive law, which is regulated by the Accord 211 of 2005, provides fiscal incentives for renewable energy technologies. It includes 10-year exemptions for import duty and Value Added Tax (VAT) on imported renewable energy equipment. This incentive will be valid during the pre-investment and the construction, which shall not exceed ten years. Likewise, it also offers 10 year exemptions on income tax and a commercial tax on renewable energy projects.

Related Documents:

In order to view a full version of the Incentives Law for the Development of Renewable Energy Projects (Ley De Incentivos Para El Desarrollo De Proyectos De Energia Renovable) of Guatemala please click here.

Last modified: Fri, 24 Feb 2017 17:54:09 CET