Private Hospital

Income tax exemption for the establishment of a new hospital based on the following capital investment levels:

• Capital Investment from FJ $2,500,000 - FJ $5,000,000 for a period of 7 consecutive years
• Capital investment from FJ $5,000,001 - FJ $10,000,000for a period of 13 consecutive years
• Capital investment of more than FJ $10,000,000 for a period of 20 consecutive years.

An investment allowance will be available for the refurbishment, renovation and extension of a hospital based on the following capital investment levels:

• Capital Investment from FJ $500,000 - FJ $1,000,000 receives a 30% tax deduction
• Capital Investment of more than FJ $1,000,000 receives a 60% tax deduction.

Customs Concessions

Duty concession on medical, hospital, dental and surgical goods at a rate of Free Fiscal Duty, Free Import Excise and Free VAT. Capital goods (capital equipment, plant, machinery and any other goods as approved by the Comptroller) at a rate of Free Fiscal Duty, Free Import Excise and Free VAT.

Ancillary Medical Services

Income tax exemption for the establishment of a new ancillary medical service center based on the following capital investment levels:

• Capital Investment of FJ $500,000 - FJ $3,000,000 for a period of 7 consecutive years
• Capital Investment of FJ $3,000,001 - FJ $10,000,000 for a period of 13 consecutive years
• Capital investment of more than FJ $10,000,000 for a period of 20 consecutive years.

 An investment allowance will be available for the refurbishment, renovation and extension of an ancillary medical service center based on the following capital investment levels:

• Capital Investment of FJ $500,000 - FJ $1,000,000 receives a 30% tax deduction
• Capital Investment of more than FJ $1,000,000 receives a 60% tax deduction.

VAT and duty exemptions are offered on a wide range of imported health-related products.

A 200% tax deduction will be allowed for investment in fogging machines specifically used for decontamination and sanitizing purposes.

Legislative Provision

1.     Income Tax (Medical Investment Incentives) Regulations 2016.

2.     Customs Tariff Act 1986, Part 3, Schedule 2.

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Last Updated: August 2023

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