- From: Grand Baie
- Registered: 2005-03-11
- Posts: 30854
Doing business in Trinidad and Tobago
are foreign investors welcome in Trinidad and Tobago?
Is it complicated to register a company in Trinidad and Tobago? What is the procedure?
What is the corporate tax rate in Trinidad and Tobago?
Is it easy to recruit?
Any advice you would share with us?
Thank you very much for your participation,
- New member
- From: Arima
- Registered: 2012-05-05
- Posts: 6
Re: Doing business in Trinidad and Tobago
Registering a Business In Trinidad And Tobago
Any person who wishes to incorporate a company in Trinidad and Tobago is required by law to register the business. There are several ways to register a business. They are Sole Proprietorships, Partnerships and Limited Liability Companies.
To register a business name your first step is to fill out an Application for Name Approval/Name Reservation Form and submit it to the address of the Companies Registry listed below. A copy of the form can be obtained by following the link at the end of this section. The fee for this process is TT$25.00.
The Business Name Act prohibits the registration of identical names, so you can't register a business name that another company is already using. You can search the business names public record at the Companies Registry. This will tell you if someone is already using the name you have selected and where the business is located. There are several different search options you may wish to pursue. Each name search costs TT$20.00.
72-74 South Quay
Port of Spain
Trinidad, West Indies
Tel. (868) 624-1660
Opening hours: 8:00 am to 4:00 pm, Monday to Friday, except public holidays
If you plan to operate as a sole proprietor or a limited liability company, you will need to complete and file the Registration of a Business Name form. This form is to be submitted to the Companies Registry with the applicable fees.
For a Limited Liability Company (LLC), once you have a name reserved you will have to file Articles of Incorporation. You can download and fill out an Articles of Incorporation form by following the link below.
If you're citizen can apply to Business Loan Guarantee Programme
with The Business Development Company (BDC)ltd, which offers a Loan Guarantee Programme to assist businesses in securing loans from lending agencies. By providing part of the collateral necessary to secure a loan, the BDC aims to remove a major constraint to obtaining finances for business establishment and expansion.
more info: http://www.ttconnect.gov.tt/gortt/porta … t/Business
The info about taxes on http://www.doingbusiness.org/data/explo … ing-taxes/