Abaco Chamber of Commerce
SERZ Survey

The new Special Economic Reconstruction Zone Orders have been issued by the Government of The Bahamas as of January 5, 2022. For the most part, the new SERZ Order is the same as previous SERZ Orders with the exception that CONSTRUCTION SERVICES is no longer Zero VAT rated. This means you will now have to pay 10% VAT for all contractors, carpenters, roofers, drywallers, electricians, plumbers, air conditioning technicians, landscapers, heavy equipment operators, etc. The Abaco Chamber of Commerce would like your feedback on this issue.

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* 1. Are you in the construction/building repair industry?

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* 2. Are you looking to use a Construction Services company or person in the next 12 months?

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* 3. Will reimposition of VAT on Construction Service have a significant influence on whether you build / rebuild?

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* 4. Are you concerned reimposition of VAT on Construction Services will affect your ability to build / rebuild?

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* 5. What is the estimated cost of your project (without VAT) being considered or underway currently?

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* 6. How are you financing your project?

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* 7. How long will it take to complete you project?

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* 8. Would you be in favour of Construction Services remaining as ZERO rated?

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