How To Register A Small Business In Trinidad And Tobago
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The objective of these trainings is to develop the core competencies of not only the business but also the individuals behind the business.
How to register a small business in trinidad and tobago. The fee for this process is tt 25 00. Nedco offers loans of up to ttd250 000 to qualifying small and medium sized firms in trinidad and tobago. A valid form of id our online business registration process allows you to pair your mobile phone and snap a picture of your id. The companies act 1995 chapter 81 01 and the registration of business names act chapter 82 85. In this read you would learn a lot on the business opportunities that abound in the country known as the united states of trinidad and tobago.
A foreigner investor wishing to incorporate a company in trinidad and tobago are required by law to register the business. There are several ways to register a business sole proprietorships partnerships and limited liability companies profit and non profit. The online process is very fast and simple. 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. Propose a minimum of three names for your company.
Alternatively you can scan your ids with a scanner if you have one then upload the image. Answer a few simple questions such as the name of the business and owner owners. A copy of the form can be obtained by following the link at the end of this section. Download the form free of charge from the website of the government of trinidad and tobago or from the ministry of legal affairs. Edited by me d more information and step by step help my blog.
Then enter a few more details dependings on the business type you selected. Funding your business in trinidad and tobago. You ll need a driver s license or passport to search the business names public record at the companies registry to find out if your company name is already in use. New videos every week. How to register a business in trinidad.
This is a small country which consists of 1 2 million people and a per capita gdp of 20 000. Nedco has designed specific entrepreneurship training programmes for companies like yours. Next select a business type. What do i need in order to register a business in trinidad tobago. Any person who wishes to start and run a business in trinidad and tobago should have the business registered especially if the business is going to be run using a name other than his or her own.