Huahine... the Wild Island HANA ITI, AN EXCEPTIONAL TOURIST SITE

INVEST IN TAHITI 2 HUAHINE - HANA ITI EDITORIAL

For any entrepreneur, investor or project leader, Tahiti and her islands offer many Édouard FRITCH opportunities for development and growth. President of Our country, with its history, its culture and its Teva ROHFRITSCH difference, offers exceptional tranquillity and Vice-President of French Polynesia stability, guaranteed by the French state, a unique geographical location at the crossroads of continents, and dynamism brought by its young, enthusiastic graduate population, always eager to learn. Tahiti and her Islands, French Polynesia, through its recent infrastructure, its modernity, its connection with the world through high-speed broadband networks is now the destination for those seeking genuine development opportunities in the fields of hotel and tourism activities, the blue economy, digital economy, innovation, real estate and other sectors yet. In the history of Polynesian tourism, there are some establishments that have not only left a trace in history, but that also have contributed to the construction of the image of our islands and archipelagos. The “Hana Iti” resort is one of those. Born out of a crazy dream of American entrepreneur Tom Kurth, the “Hana Iti” was a luxurious resort surrounded by nature, hidden and unique, a rare place that had quickly won an upscale international clientele. Today, the Government of French Polynesia owns the property and proposes project promoters and investors to participate, in their turn, in the development of one-of-a-kind Polynesian tourism. The twenty-five hectares of the site on the island of Huahine have unique assets: white sand, jaw-dropping lagoon, a hill and pristine nature, quick access to the international airport and lagoon open to ships ... A unique opportunity in a context that is sustainably favourable.

Are you interested in the prospects offered? Do you have a project? We can support you and help you make it concrete. It is now time that we met.

In search of new opportunities, choose French Polynesia

President of French Polynesia Vice President of French Polynesia in charge of territorial equality Ministry of Economy and Finance, and international relations in charge of major investments projects, international air transport and the blue economy

Édouard FRITCH Teva ROHFRITSCH

HANA ITI - HUAHINE 3 OVERVIEW OF FRENCH POLYNESIA

A UNIQUE STRATEGIC At the heart of the South Pacific Ocean, French Polynesia, located in a conflict- free, secure and peaceful part of the world, covers an area equivalent to that of POSITIONING Europe (4.9 million square kilometres, 118 islands totalling 4,000 km2 of land area) and boasts real international connectivity through modern infrastructure (roads, ports, airports, hospitals, optical fibre) complying with international norms and standards.

•Paris Beijing San Francisco • • Séoul New York • Tokyo Los Angeles • Shanghaï • • • Honolulu km Hong Kong • 9 489 • 6 771 km 10 906 km km 6 623 km km 15 703

Singapour 11 807 10 106 • km

7 772 km Lima 10 479 km • km • Sâo Paulo 6 116 7 931 km km • Sydney 4 091 Santiago • FRENCH POLYNESIA • Auckland•

AN AUTONOMOUS OVERSEAS COUNTRY IN A STABLE MONETARY AREA

French Polynesia is an overseas country that is part of the French Republic. With extended political autonomy recognised by the French Constitution, it governs itself freely and democratically. The French State is responsible for the sovereign powers. Parity with the Euro (1 EUR = 119.3317 XPF) is guaranteed by the French government within an area that offers monetary stability. French Polynesia has full freedom regarding transfers and unlimited convertibility.

4 HUAHINE - HANA ITI AIRPORT AND PORT INFRASTRUCTURE

French Polynesia has been able to acquire equipment and infrastructure adapted to the requirements of its economic development and its geographic specificities. French Polynesia has comprehensive air services providing daily connections to most major destinations via its international airport, with easy access from Europe via the West Coast of the United States and South America, , , , Fiji, Hawaii, , Chile and the Cook Islands. Domestic airline Air Tahiti operates regular air services to/ from more than 40 islands. In 2018, Air Tahiti Nui launched its first subsidiary transport company “Helicopters Tahiti Nui”, with diverse, on-demand offer of services. Papeete port is the logistics hub for Tahiti and her islands. It provides a natural protective harbour for cargo ships, container vessels and tankers arriving from abroad and for a fleet of inter-island smaller vessels regularly serving the 5 archipelagos. It is also a port of call for many international cruise ships that regularly sail across our islands.

A young, dynamic Human and cultural An exceptional natural and skilled population richness environment

The low average age of the population The warmth of the Polynesian The 5 archipelagos boast unparalleled (less than 42% of the population <25 population adds to a preserved and diversity of landscapes, high islands and years of age) promotes economic living culture. Polynesian languages atolls, offering a wide range of unique, dynamism across all of French Polynesia. are studied and widely spoken. Arts are original and diverse tourism products. Polynesian youth are becoming more dynamic and constantly on the move. This environment offers a unique skilled, with higher and university The cultural authenticity of the islands is and privileged living environment for education. actually what attracts tourists. expatriate staff.

HANA ITI - HUAHINE 5 TOURISM: A BOOMING SECTOR

The tourism industry is central in the economy of French Polynesia. It thus represents the first exported own resource of French Polynesia, with revenue in the order of XPF 65 billion, i.e. 17% of the Country‘s GDP in 2018. This sector totals more than 3,300 companies (i.e. 12% of the Polynesian businesses) which generate 17% of the local businesses’ total revenue, with about 11,500 employees (i.e. 18% of the salaried workforce).

International air transport

The objective is to open the Polynesian skies. French Polynesia has already initiated discussions with the aeronautical authorities of the USA, China, Europe, Japan, , Australia, and New Zealand. Tahiti offers direct flights to Tokyo, Los Angeles, San Francisco, Auckland, Rarotonga, Honolulu, Easter Island and secondary connections to Europe via Los Angeles, and then Paris or London, Mexico via Los Angeles, Australia (Sydney) via Auckland and Chile via Easter Island.

6 HUAHINE - HANA ITI Accommodation

Accommodation accounts for about 40% of tourist roofing for 4 star hotels and over. Smaller family spending. In 2018, there were 45 hotels totalling hotels are widely present across all archipelagos and 2,677 units (for a capacity of 6,506 visitors). 71% welcome tourists in a family-like atmosphere, which of the hotels are located in Tahiti, Bora Bora and perfectly illustrates the tradition of Polynesian Moorea, with an average occupancy rate of 69% to hospitality. 74% in all categories. 19 hotels are ranked 4 and 5 The main feeding markets are North America 38% stars, representing 1,792 units. Bora Bora accounts (34% from USA), Europe 35% (21% from ), Asia for 37% of the offer. 403 furnished vacation rentals 11% (6% from Japan and 3% from China) and the and 284 pensions de famille – guesthouses (for a Pacific 13% (including 5% from New Zealand and capacity of 1,373 units for 4,096 visitors) complement 5% from Australia). the hospitality capacity. The hotels consist mostly of traditional Polynesian- style bungalows with the obligation to use pandanus

Sailing and charter sailing

French Polynesia has always been a haven for sea travellers. Its protected environment and leading- edge port infrastructure make it a premium destination for ships and sailing vessels based in the waters of its welcoming Islands. Cruise and nautical tourism generate major benefits, contributing to the promotion of the image of Tahiti and her islands worldwide. During the last decade, French Polynesia has made cruise tourism a development priority. With two large cruise ship piers in the roadstead, Papeete Harbour is a true international cruise port, able to simultaneously accommodate 4 visiting or French Polynesia-based cruise liners. In addition, a project planning to build an international cruise terminal aims to strengthen head-end capacities and improve the management of arrivals and departures. Charter sailing is also booming. It is an alternative option to standard hotels. It is the subject of all the attention and support of the Government of French Polynesia. The fleet is constantly being modernized and offers multiple options to discover the Polynesian archipelagos.

HANA ITI - HUAHINE 7 AN EXCEPTIONAL TOURIST SITE AN EXCLUSIVE INVESTMENT OPPORTUNITY ON THE ISLAND OF HUAHINE

Tahaa Huahine

Leeward Islands

Windward Islands

Owned for a long time by Julio Iglesias, the global pop star, this extraordinary 25,15 hectare property on the slopes of the hill between Bourayne Bay and the Huahine lagoon has one of the most beautiful beaches of the island and incredible assets to make it a real jewel of the Polynesian tourism industry.

The Hana Iti property has many strengths, now providing the space for multiple facilities. As a Hana dormant, just waiting for a project whose ambition Iti tribute to yesteryear, it even offers the possibility is on par with this place and its incredible history of resuming the concept of luxury accommodation and meet with international success again. Wild and in the trees. In addition to its extraordinary setting preserved environment, exceptional transparency and the prestige it already has, the Hana Iti property of the lagoon, pristine white sand beach, no visible is connected to Tahiti international airport by regular human activity, a sense of isolation and panoramic and rapid air services, just a 40-minute hop away. Many views ... It is quite rare to have such opportunities ships also serve the island providing flexible logistics boasting as many immediate benefits. to pleasure boaters and cruise passengers. The island is Located in the southwest part of the island of Huahine, equipped with modern infrastructure and many shops in the municipality of Ha’apu, the Hana Iti property to ensure optimum service to demanding customers. stretches across a total area of 25,15 hectares,

8 HUAHINE - LE HANA ITI Huahine is an old volcano whose collapsed centre has, for thousands of years, been flooded by the sea. Huahine Nui HUAHINE and Huahine Iti, the two mountain ridges are separated by two majestic bays: Maroe and Bourayne, and its 75 km2 of THE WILD ISLAND land area are protected by a lagoon open onto the ocean through five deep channels in the reef.

Huahine is often called “Huahine the Wild or the Authentic”, a nickname that comes from an atmosphere, a special and indefinable difference. It is considered mystical, feminine also because of the silhouette it has against the blue sky: that of a languorous woman... Perhaps also because of its gentle landscapes, made of small valleys and multiple bays. Its immediate beauty and subtle charm make it an unforgettable destination that is secretly recommended.

HANA ITI - HUAHINE 9 “HANA ITI” A LUXURIOUS AND UNIQUE RESORT,

Bought in the 1990s by American entrepreneur Tom Kurth, the exclusive property featured in those years a resort that was unique in the world: the “Hana Iti” resort. Having genuine vista and a desire to steer away from the paths of conventional architecture, Tom Kurth imagined at the bottom of this heavenly hill, a luxury resort like no other: twenty-six luxurious bungalows hidden in unspoilt and lush nature, offering stunning views on a perfect lagoon.

Most units were built in the trees, giving their guests a real sense of “robinsonade”. Each bungalow was made exclusively of local materials.

The particularly stylish decor simply used the finest materials with full respect for Polynesian traditions.

The local craftsmen employed for the construction and decoration turned their work into a real demonstration of their talent. The originality of the hotel, staff efficiency and service quality had built an international reputation of this one-of-kind resort, attracting prestigious customers, celebrities and businessmen, on the island of Huahine, eager to live an unforgettable experience.

In 1998, while the hotel enjoyed a growing reputation, a cyclone, in a few hours, swept the bungalows, knocked down trees and wreaked havoc in the facilities.

10 HUAHINE - HANA ITI KNOWN WORLDWIDE

Bought at auction by the French Polynesian government, the site remained unchanged ever since. But the extraordinary beauty of the site has continued to fascinate visitors passing by, and also attracted filmmakers who had found there the illustration of the perfect island for their films. This idyllic beach is even today an exceptional leg for luxury yacht cruises Tu Moana, which stops for a picnic in the water, facing what was one of the most prestigious and iconic resorts in French Polynesia. Now owned by the Government of French Polynesia, this exceptional estate is now proposed by the Government to hotel and tourist project developers willing to develop such an opportunity.

HANA ITI - HUAHINE 11 A TOURIST SITE WITH VERY HIGH POTENTIAL

Pristine nature, great location, fascinating history, privileged sensation of being alone in the world, but yet still connected to the world, exclusive upscale comfort... The Hana Iti offers investors seeking opportunities a unique chance to revive a true legend of the hotel and tourism industry. In close harmony with the aspirations of a very upscale clientele, the site, which the Government of French Polynesia seeks to make available to the most suitable project, has all the advantages and benefits required for the achievement of an upscale and exclusive resort. The majesty and beauty of the site, the romanticism associated with this perfect scenery combining the purity of white sand, the unreal transparency of the lagoon and untouched wilderness around could well result in making this place a must for honeymooners, with dedicated welcome and a dedicated array of activities.

12 HUAHINE - HANA ITI The upscale clientele in search of the exceptional, the historic clientele which Hana Iti had immediately appealed to, remains a priority target for whom all arrangements are still possible. Because it is determined to facilitate tourism development on the island of Huahine, the Government of French Polynesia will support projects consistent with these goals by providing a wide range of subsidies and tax incentives and expert support when the investment dossiers are examined.

HANA ITI - HUAHINE 13 PROJECTS SUPPORTED BY THE GOVERNMENT OF FRENCH POLYNESIA

Determined to support the development of The Government of French Polynesia will remote islands and enhance the environmental support investors, developers and contractors heritage of the Leeward Islands in particular, allowing them to benefit from dedicated aid the Government makes plots of land available and tax measures, the provision of land, under to project developers of all kinds, responding specific conditions and depending on the to business creation objectives, attractiveness nature of the project. and with respect for the site itself.

VERY ADVANTAGEOUS PRICING FOR THE PUBLIC DOMAIN

The Government of French Polynesia owns, in Tahiti and the outer islands, extended terrestrial and maritime public domain which it can make available to any interested investor for any developmental project such as: golf courses, marinas, pontoons, over-water bungalows, diving centres, etc. Except in special cases where there are pre-established pricing grids, the Council of Ministers may decide to tailor pricing and adjust the amount of royalties to the investment effort made by the holders of occupancy permits. It can even fix a reduced fee or a fee waiver during the pre-construction and construction phases.

14 HUAHINE - HANA ITI INVESTMENT INCENTIVE MEASURES

Structuring investment projects completed in French Polynesia are eligible, under specific conditions, to measures of public aids through the French Polynesian tax-exemption scheme or incentive measures in favor of major investments on the one part, and the national tax- exemption regime on the other part. Depending on sectors, investors may also benefit from aids to operation (exemption measures for fiscal or parafiscal charges), with variations from one sector of activity to another. n NATIONAL TAX-EXEMPTION SCHEME

The State also provides support to French Polynesia’s economic surveying, research and development, education, health, expansion through a tax-exemption arrangement of its own banking, finance and insurance, association activities, postal (tax-exemption for overseas territories or LODEOM). activities, recreational, sports and cultural activities, etc. The tax aid regime applies to investments in overseas territories The tax aid benefits taxpayers with tax residence in Metropolitan in those sectors said to be “productive” and in “housing”. The France when they participate in the financing of eligible “housing” aspect covers mainly the construction of new housing investments. units as principal dwellings, in favor of people with income that The tax credit rate varies: do not exceed specific ceilings. - with approval: between 45.3% and 54.36%*; Exclusions, in particular, cover the areas of commerce, catering - without approval: between 44.12% and 52.95%*. (excluding classified tourist restaurants), consulting or expert *for sustainable energies n FRENCH POLYNESIAN TAX-EXEMPTION SCHEME

Tax incentive measures for investments provided for in the third NATURE OF FINANCINGS XPF MF AMOUNT part of the Tax Code of French Polynesia are an accompanying Equity capital 10 arrangement aiming to support the development of structuring Bank loan 60 (1) projects. Local tax-exemption contribution 30 This arrangement provides a significant reduction in the TOTAL 100 financing efforts deployed by project initiators. This enables (1) Calculation: approved base eligible for tax exemption (XPF MF them to benefit from a financial participation from third-party 100) X tax credit rate for the eligible sector (ex: 40%) X project’s rate of businesses up to an amount generally equal to 30% of the retrocession (75%) = XPF MF 30 project’s cost. In return, these businesses are entitled to a tax Some sectors are eligible for the local tax-exemption scheme, credit determined on the basis of the sums actually invested by according to an investment threshold and the application of a them. variable tax credit rate between 20 and 65% depending on the The example below shows a typical financing plan: involved sector. n CUMULATION OF BOTH TAX-EXEMPTION SCHEMES

Subject to eligibility of projects to both schemes, project initiators processing costs must next be deducted). may benefit from the cumulated aid provided by both tax- The example below shows a typical financing plan under double exemption schemes and are required to complete the approval tax-exemption: steps with the secretarial office of the Advisory Committee for NATURE OF FINANCINGS XPF MF AMOUNT Tax Approval (French Polynesian tax-exemption scheme) and Equity capital 10 the DGFIP in Paris (national tax-exemption scheme). Bank loan 30 Depending on sectors, more than 60% of aids on the amount Local tax-exemption contribution 30 of eligible investment may be obtained through cumulating Apport de la défiscalisation nationale 30 both schemes (75% of 40% of French Polynesia tax credit + 66% TOTAL 100 of 50% of Metropolitan French tax reduction, from which file

HANA ITI - HUAHINE 15 A FAVOURABLE TAX SYSTEM

Hotel investments in French Polynesia benefit from a common law tax incentive scheme that is based on several unique advantages:

TAX EXEMPTIONS A LIGHTENED TAX SYSTEM FOR NEW BUSINESSES FOR IMPORTS

They benefit from tax advantages, including exemption from Classified tourist accommodation establishments are exempt of business tax and transaction tax or corporate income tax, or the customs tax and import duties, based on an official list of goods minimum levy during the first years of activity, and a reduced and equipment necessary to equip bungalows and hotel rooms value added tax (VAT) rate for some tourism-related activities. under certain conditions. They also benefit from a tax refund on certain alcoholic beverages.

16 HUAHINE - HANA ITI USEFUL CONTACTS

Invest in Tahiti, - Investment Promotion Authority of French Polynesia 1 1st Floor - Annex Building of the Vice-Presidency of French Polynesia 24 Avenue Dupetit-Thouars, Papeete - Tahiti, P.O. Box 1677 - 98713 Papeete - TAHITI Tel: +689 40 50 56 00 - Fax: +689 40 50 56 01 [email protected] – www.investintahiti.pf

2. FORMALITIES TO START A BUSINESS

Chamber of Commerce, Industry, Services and Trades (CCISM) Business Development and Registration Center (CDFE) 5 1. INSTITUTIONS 41 rue du Docteur Cassiau, Papeete - Tahiti P.O. Box 118 - 98 713 Papeete - Tahiti Tél.: +689 40 47 27 47 – Fax : +689 40 54 07 01 Presidency of French Polynesia [email protected] - www.ccism.pf in charge of Territorial Equality and International relations 2 Land Affairs Department 6 Quartier Broche, Avenue Pouvana’a a Oopa, Rue Dumont d’Urville, Immeuble Te Fenua - Orovini, Papeete - Tahiti Papeete - Tahiti, P.O. Box 114 - 98713 Papeete - Tahiti P.O. Box 2551 - 98713 Papeete - Tahiti Tél.: +689 40 47 18 18 – Fax : +689 40 47 19 17 Tél.: +689 40 47 20 00 – Fax : +689 40 47 21 10 [email protected] - www.daf.pf capr@présidence.pf - www.presidence.pf Taxation Department (DICP) 7 Vice Presidency of French Polynesia 11 rue du Commandant Destremau, Papeete – Tahiti Ministry of Economy and Finance, P.O. Box 80 - 98713 Papeete - Tahiti in charge of major investment projects, Tél.: +689 40 46 13 13 – Fax : +689 40 46 13 00 international air transport [email protected] - www.contributions.gov.pf and blue economy 3 24 avenue Dupetit-Thouars, Papeete - Tahiti Regional Customs Department P.O. Box 2551 - 98713 Papeete - Tahiti Motu Uta, Papeete - Tahiti Tél.: +689 40 47 83 83 - Fax : +689 40 47 83 02 P.O. Box 9006 CTC - 98715 Motu Uta - Tahiti [email protected] - www.presidence.pf Tél.: +689 40 50 55 50 - Fax : +689 40 43 55 45 [email protected] High Commissioner of the Republic www.polynesie-francaise.pref.gouv.fr/Douanes in French Polynesia 4 Avenue Pouvana’a a Oopa, Papeete - Tahiti Department General for Economic Affairs (DGAE) P.O. Box 115 - 98713 Papeete - Tahiti Fare Ute, Papeete - Tahiti Tél.: +689 40 46 87 00 - Fax : +689 40 46 87 69 P.O. Box 82 - 98713 Papeete - Tahiti [email protected] Tél.: +689 40 50 97 97 - Fax : +689 40 43 44 77 www.polynesie-francaise.pref.gouv.fr [email protected] - www.dgae.gov.pf

HANA ITI - HUAHINE 17 Rue Mgr Tepano Jaussen Rue Dumont d'Urville

Rue Édouard Ahnne

Rue du Dr Cassiau

Place Avenue du Général de GaulleTarahoi Rue Paul Gauguin

Avenue Pouvanaa a Oopa

Department of Employment, Training and Occupational Integra- Avenue du Commandant Destremau de la Reine Pōm levard are IV tion (SEFI) 8 Bou

Rue Tepano Jaussen, Immeuble Papineau, Papeete - Tahiti, Place Jacques Chirac P.O. Box 540 - 98713 Papeete - Tahiti Avenue du Prince Hīnoi Tél.: +689 40 46 12 12 - Fax : +689 40 46 12 18 [email protected] - www.sefi.pf Boulevard de la Reine Pōmare IV

Labor Department (TRAV) 9 Rue Tepano Jaussen, Immeuble Papineau, Papeete - Tahiti, P.O. Box 308 - 98713 Papeete - Tahiti 3. STATISTICS Tél.: +689 40 50 80 00 - Fax : +689 40 50 80 05 [email protected] - www.directiondutravail.gov.pf Statistical Institute of French Polynesia (ISPF) 10 Social welfare Fund - Caisse de Prévoyance Sociale (CPS) Rue Edouard Ahne, Immeuble UUPA, Papeete - Tahiti, 11 Avenue du Commandant Chessé, Papeete - Tahiti, P.O. Box 395 - 98713 Papeete -Tahiti P.O. Box 1 - 98713 Papeete - Tahiti Tél.: +689 40 47 34 34 - Fax : +689 40 42 72 52 Tél.: +689 40 41 68 68 - Fax : +689 40 42 46 06 [email protected] - www.ispf.pf [email protected] - www.cps.pf French Overseas Central Bank (IEOM) 11 21 Rue du Docteur Cassiau, Papeete - Tahiti, P.O. Box 583 - 98713 Papeete - TAHITI Tél.: +689 40 50 65 00 Fax : +689 40 50 65 03 [email protected] - www.ieom.fr/polynesie-francaise

4. USEFUL WEBSITES

INSTITUTIONS PROFESSIONAL CHAMBERS AND COMMITTEES n High Commissioner of the Republic (HC): n Board of Notaries: www.notairestahiti.com www.polynesie-francaise.pref.gouv.fr n Bar Association: www.barreau-avocats.pf n Presidency of French Polynesia (PR): www.presidence.pf n Architects’ Association: www.architectes.pf n Assembly of French Polynesia (APF): www.assemblee.pf 12 n Association of Chartered Accountants: www.oecpf.pf n Economic, Social, Environmental and Cultural Council of French Polynesia (CESEC): www.cesec.pf INTERPROFESSIONAL ASSOCIATIONS n Association for the Promotion of Municipalities in French Polyne- n French Employer Federation (MEDEF): www.medef.pf sia (SPCPF): www.spc.pf n Confederation of Small and Medium-sized Businesses (CPMEPF): n Public Service of French Polynesia: www.cpmepf.com www.net.pf ou www.service-public.pf BANKS ADMINISTRATIVE FORMALITIES n Banque Socredo : www.socredo.pf IN THE MATTER OF CONSTRUCTION n Banque de Polynésie : www.sg-bdp.pf n Town Planning Department (SAU): www.urbanisme.gov.pf n Banque de Tahiti : www.banque-tahiti.pf n Environmental Department of French Polynesia (DIREN): n Company for the Financing and Development of French Polynesia www.service-public.pf/diren (SOFIDEP): www.sofidep.pf n Health and Public Sanitation (CHSP): www.hygiene-publique.gov.pf PUBLIC SERVICE FOR ACCESS TO LAW IN FRENCH POLYNESIA ADMINISRATIVE FORMALITIES www.lexpol.pf IN THE MATTER OF PLANT HEALTH n Biosecurity Department (DBS): www.service-public.pf/biosecurite Papeete City Hall : www.ville-papeete.pf 13 n Customs: www.polynesie-francaise.pref.gouv.fr/Douanes

18 HUAHINE - HANA ITI THE INVESTMENT PROMOTION AUTHORITY OF FRENCH POLYNESIA

The Investment Promotion Authority of French Polynesia (IPA), a public department operating under the supervision of the Vice- Presidency of French Polynesia, is a true “one-stop shop” for foreign investors. Privileged contact between project initiators and the institutional entities of French Polynesia, the Investment Promotion Authority of French Polynesia offers you a free support and follow-up all the administrative procedures required by your project.

ITS MAIN MISSIONS: THE IPA ALSO TAKES CHARGE OF:

■ promotion of investments and exports; ■ the Advisory Committee for Tax Approval’s secretarial work; ■ reception and support to investment project initiators in ■ reviewing requests for opinion by the State as part of the regard to administrative and financing steps; national tax-exemption scheme; ■ control of investors’ compliance with commitments; ■ review and follow-up of applications for approval of tax ■ coordination of investment projects; measures for the completion of major investments in French ■ coordination of communication around investment projects; Polynesia; ■ Drafting and organization of regulations. ■ review and follow-up of applications for prior authorization or declarations relating to foreign investments in French Polynesia.

HANA ITI - HUAHINE 19 Photos credits : © ATN, Aurélien Sardan Sabatier, Conrad Bora Bora Nui, DGAE, Hilton Bora Bora, Lionel Gouverneur, Lucien Pesquié, Grégoire Le Bacon, Philippe Bacchet, Pacific Image, Présidence de la Polynésie française, Roméo Balancourt, ShutterStock, Tahiti Tourisme, Tim-Mckenna - Tahitiflyshoot