Discusses pricing formula and other fees, value-added tax (VAT), etc.
Last Published: 7/20/2019
Businesses are generally free to price their products as it meets their marketing objectives. Importer mark-ups range from 20-40 percent, while retailers may mark up products more than 100 percent. A 12.5 percent value added tax (VAT) is added to most products. Information on VAT can be found here:

Trinidad and Tobago Ministry of Finance
Trinidad and Tobago Inland Revenue Division, Ministry of Finance
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


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Trinidad and Tobago Trade Development and Promotion Cost and Pricing