TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti

Page created by Alex Leon
 
CONTINUE READING
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
Tupai... The heart of the ocean

    THE ISLAND OF
       TUPAI
IS READY FOR TOURISM PROJECTS
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
2   T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
EDITORIAL
            For any entrepreneur, investor or project
            leader, Tahiti and her islands offer many
                                                                               Édouard FRITCH
            opportunities for development and                              President of French Polynesia
            growth.
                                                                                                                        Teva ROHFRITSCH
            Our country, with its history, its culture                                                            Vice-President of French Polynesia
            and its difference, offers exceptional
            tranquillity and 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..
            The atoll of Tupai, the heart of the ocean, is certainly one of the best opportunities that French
            Polynesia can offer to an investor looking for a future project. This island has it all, all that our visitors
            may expect: untouched, crystal-clear lagoon, pristine beaches ... What’s more, it has a unique romantic
            selling point, unmatched so far: its heart shape. Well-connected, already featuring an airstrip and
            access to the ocean, Tupai is definitely a major tourist destination, a high-end project to imagine, to
            design, for which French Polynesia offers unique support, specific assistance and dedicated services
            ... A mobilization to live up to the challenge: turn an exceptional atoll into a one-of-a-kind destination
            in the world.

            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

T H E   H E A R T   O F     T H E   O C E A N   -   T U P A I                                                                                          3
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
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
                                                                                 1 km

             •
      Hong Kong
                                            94
                                                                             6 77

                                                                              km

                                              89
                                        10
                                                                           23

                                                 km
                                                                                   m

                                           90
                                                                          3k
                                                                         66

                                             6k
                                                                        70

                                               m
                                                                                        km
                                                                     15

                                                                                     6
                                                                                   10

         •
    Singapour
                                                                                  10

                                11 80
                                     7 km

                                                                                                7 772 km
                                                                                                                 •
                                                                                                              Lima

                                                                    •
                                                                                                    10 479 km

                                                  6 km
                                                                                                                                   •
                                                                                                                                 Sâo Paulo
                                              6 11                                                    7 93
                                                                                                          1 km
                                                          mk
                                                        91

                                    •
                                                      40

                                                                                                                        •
                               Sydney                                                                                 Santiago

                                              Auckland•          FRENCH POLYNESIA

                                                                  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                                                                                                                                                                          T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
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, Australia, Japan, New
            Zealand, Fiji, Hawaii, New Caledonia, 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
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
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, Canada, 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                                                                           T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
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 France), 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.

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                                      7
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
TUPAI
    THE HEART OF THE OCEAN, OPENS TO THE WORLD

                                           Tupai

                                                   Tahaa

                            Leeward Islands

                                                                                       Windward Islands

              A few miles away from legendary Bora Bora, Tupai atoll        Devoid of any human presence, Tupai has become
              is, along with Tetiaroa, one of the only two atolls of the    over time a haven of peace and tranquillity. Its natural
              Society archipelago. A single atoll, uninhabited and          habitat, beautiful native coconut plantations, its
              unspoiled. It is, according to Polynesian mythology,          exceptionally pure blue lagoon and idyllic white sand
              dedicated to Pere, the goddess of fire and passion            beaches have made it today an island that is mysterious
              ... This goes perhaps beyond the legend when you              and wild, enchanting and irresistible.
              see the incredible shape formed by the crystal-
              clear lagoon: a heart as a tribute to the goddess, an
              evocation of romanticism and the obvious justification
              of its nickname: Tupai, the heart of the ocean.

8                                                                          T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
This is breaking news: Tupai opens to the world
                                                              today. A modern airstrip was built and the
                                                              channel to the lagoon was designed to allow the

A UNIQUE                                                      entry of yachts. These significant developments
                                                              have been conducted by the Government of

OPPORTUNITY
                                                              French Polynesia, as the owner of the atoll,
                                                              with the sole purpose of facilitating tourism
                                                              development and to lay the foundations for a

IN THE WORLD                                                  major project.
                                                              Resolutely reserved for a very upscale hotel
                                                              project, Tupai represents a very rare opportunity:
                                                              to benefit from the immediate charm of a jewel
                                                              set on the deep blue of the ocean and enjoy the
                                                              advantages, in addition to the Polynesian status
                                                              and reality, of a selection of aids and motivating
                                                              incentivess.

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                        9
TUPAI THE ISLAND OF IS READY FOR TOURISM PROJECTS - Invest in Tahiti
THE LAST PARADISE…

      Tupai is a coral island of 11 km2, located just
      16 km north of Bora Bora. It is a special atoll, first
      because of its almost perfect heart shape that
      one discovers when flying above, then because
      of its double lagoon and incredible shades of
      blue, but also because of its preserved nature.
      Here the birds nest on the ground without
      fear, sea turtles lay their eggs in pristine white
      sand beaches and fauna and flora have slowly
      forgotten man. It is a place where time is
      suspended, a virgin island as only few remain on
      our oceans.
      The atoll was once a coconut plantation, owned
      by Mr. Lejeune, a notary in Papeete. Then it
      was bought by the Government of French
      Polynesia, and the atoll became government-
      owned property in order not only to preserve
      its heritage but also to protect its exceptional
      nature. There was a time when the atoll was
      also used to welcome high-ranking visiting
      dignitaries.

10                                                             T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
THE END OF THE WORLD
BECOMES ACCESSIBLE

                                       From its ancient history, the island has retained only the most useful infrastructure.
                                       Thus, the airstrip built by the first owner was redesigned in 2003 by the Government.
                                       Its dimensions were increased from 730 to 900 metres in length and 12 to 23 meters
                                       in width. Such dimensions are adapted to a tourist exploitation of the island, both
                                       regarding transport of passengers and logistics: special or regular refuelling. It was also
                                       in 2003 that the Government created a passage (a channel) in the north of the island.
                                       This channel did not alter the ecosystem of the atoll as it was already open onto the
                                       ocean through several hoas, shallow channels. This 10 metre-deep by 10 metre-wide
                                       channel already makes it possible for yachts to pass but it can be developed in order
                                       to accommodate larger boats. These developments that are already compliant with
                                       international standards place this preserved atoll at one hour flight from Papeete and a
                                       few minutes from Bora Bora, its famous neighbour.

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                                          11
MORE THAN A DESTINATION,
     MORE THAN A DREAM ATOLL

         Few tourism opportunities enclose so many benefits. Tupai, in addition to its natural and unspoiled beauty, has an
         airstrip and a channel, and is close to a legendary destination: Bora Bora, the Pearl of the Pacific. It especially uses its
         iconic heart shape to promote its image, its communication and unparalleled charm targeted at what constitutes the
         heart of Polynesian tourism: romantic and wedding tourism.

12                                                                      T U P A I    -   T H E   H E A R T   O F   T H E   O C E A N
… AN EVOCATION OF PARADISE

Soon open to cruise ships, yachts and chartered boats, the Atoll of Tupai is particularly suitable for the implementation
of a high-end complex that would crown it as a true major destination for international customers in search of the
exceptional.
We propose that we build together this new project, by making available not only the resources of the atoll and the
land required, but also to assist you through dedicated services and specific support to ensure a mutually profitable
success.

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                                 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                                                                                    T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
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
projects.                                                                  Local tax-exemption contribution (1)                 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

T H E   H E A R T   O F   T H E    O C E A N    -   T U P A I                                                                                           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                                                                               T U P A I   -   T H E   H E A R T   O F   T H E   O C E A N
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
          secretariat@dpi.gov.pf – www.investintahiti.pf

                                                              2. FORMALITIES TO
                                                                 START A BUSINESS
                                                              Chamber of Commerce, Industry, Services and Trades (CCISM)

1. INSTITUTIONS
                                                              Business Development and Registration Center (CDFE) 5
                                                              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                                cdfe@ccism.pf - 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               daf.direction@foncier.gov.pf - 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                                   directiondesimpots@dicp.gov.pf - 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
secretariat@vp.gov.pf - www.presidence.pf                     Tél.: +689 40 50 55 50 - Fax : +689 40 43 55 45
                                                              dr-polynesie@douane.finances.gouv.fr
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
dmme@polynesie-francaise.pref.gouv.fr                         Tél.: +689 40 50 97 97 - Fax : +689 40 43 44 77
www.polynesie-francaise.pref.gouv.fr                          dgae@economie.gov.pf - www.dgae.gov.pf

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                                         17
Rue
                                                                                                                                                               Rue D
                                                                                                                                                                    umo
                                                                                                                                                                       nt d'U

                                                                                                                            Mgr
                                                                                                                                                                             rville

                                                                                                                                Tepa

                                                                                                                                                                                                           assiau
                                                                                                                                    no Ja
                                                                                                                                         usse

                                                                                                                                                                                                     u Dr C
                                                                                                                                           Rue

                                                                                                                                             n

                                                                                                                                                                                                Rue d
                                                                                                                                               Édo

                                                                                                                                                                                                                                                           a
                                                                                                                                                                                                                                                      a Oop
                                                                                                                                                  uard

                                                                                                                                                                                                                                               uvanaa
                                                                                                                                                       Ahn
                                                                                                                                                          ne
                                                                                                                                                                                                        Place

                                                                                                                                                                                                                                          ue Po
                                                                                                                                                                               Avenu                   Tarahoi
                                                                                          Ru                                                                                        e du G
                                                                                            eP                                                                                            énéral

                                                                                                                                                                                                                                      Aven
                                                                                              au                                                                                                 de Gau
                                                                                                lG                                                                                                     lle
                                                                                                  au
                                                                                                    gu
     Department of Employment, Training and Occupational Integra-                                     in
                                                                                                                                                                                                                                        Avenu
                                                                                                                                                                                                                                             e du C
                                                                                                                                                                             e la Reine Pōmare                                                     omm
                                                                                                                                                                      evard d
     tion (SEFI) 8                                                                                                                                                Boul
                                                                                                                                                                                               IV                                                     andan
                                                                                                                                                                                                                                                           t Destr
                                                                                                                                                                                                                                                                  emau

     Rue Tepano Jaussen, Immeuble Papineau, Papeete - Tahiti,                                                                                                                                                                Place

                                                                                                                                                   IV
                                                                                                                                                                                                                            Jacques

                                                                                                                                       e
                                                                                                                                     ar
     P.O. Box 540 - 98713 Papeete - Tahiti
                                                                                                                                                                                                                             Chirac

                                                                                                                                    m
                                                                                                                                  Pō
                                                                             Aven

                                                                                                                             ine
                                                                                 ue d

                                                                                                                           Re
                                                                                     u   Prince
     Tél.: +689 40 46 12 12 - Fax : +689 40 46 12 18

                                                                                                                        la
                                                                                                Hīno

                                                                                                                     de
                                                                                                    i

                                                                                                                  rd
                                                                                                                va
                                                                                                             ule
     sefi@sefi.pf - www.sefi.pf

                                                                                                           Bo
     Labor Department (TRAV) 9

                                                                               3. STATISTICS
     Rue Tepano Jaussen, Immeuble Papineau, Papeete - Tahiti,
     P.O. Box 308 - 98713 Papeete - Tahiti
     Tél.: +689 40 50 80 00 - Fax : +689 40 50 80 05
     directiondutravail@travail.gov.pf - 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                           ispf@ispf.pf - www.ispf.pf
     info@cps.pf - 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
                                                                               secretariat.direction@ieom.pf - 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                                                                                               T U P A I                          -                   T H E         H E A R T                     O F             T H E      O C E A N
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.

T H E   H E A R T   O F   T H E   O C E A N   -   T U P A I                                                                                  19
Photos credits : © ATN, Conrad Bora Bora Nui, DGAE, Grégoire Le Bacon, Lionel Gouverneur, Lucien Pesquié, Pacific Image, Philippe Bacchet, Présidence de la Polynésie française, Roméo Balancourt, ShutterStock,
		                 Tahiti Tourisme, Tahiti Nui Helicopters
You can also read