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The Handicraft Sector
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A dynamic Sector...
The handicraft sector is an active sector of the Reunion Island economy. It comprises 250 different trades including 330 types of activities. It employs 35,000 people and around 2,500 young apprentices are trained every year. The handicraft sector has a talented and skilled workforce, and
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Support Scheme
Investment Incentives 5% to 55% of the total amount of income producing investments may be covered by means of : A regional bonus to encourage productive investment Recoverable TVA (8.5% of the value of the material) A funding package – defiscalisation (form of leasing) to help companies slightly
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A modernizing Sector
The investments made by the handicraft sector amounts to €141 million, equivalent to 11% of the global turnover. They essentially include acquisition of production materials (54% of the entreprises) and professional vehicles (49%). 28% of the artisans have done works on premises, and only 19%
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A dynamic Sector...
Support Scheme
A modernizing Sector
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The Reunion Island main economic players are members of Invest in Reunion