Let it be. Be receptive to new opportunities and the universe will present them. Your current situation is not your final destination.
Do not become comfortable . The lessons that you learn in your way will be invaluable . You will become a person of immense value.
In this new year , things will change for you. The planets will align and you will be proud of your accomplishments. The things that you pray about will come to past. After all, you cannot escape your destiny .
The author is an attorney at law based in Trinidad.She specialises in AML/CFT and Fraud Risk Management . Website : http://asydneygroup.com
The penalty for late filing of Annual Returns in Trinidad and Tobago is $300.00 TTD . This penalty is imposed 30 days after the anniversary of the incorporation date of the company and an additional $300.00 will be payable for every month that the annual returns remains outstanding.
Congratulations on registering your limited liability company. Please be gently reminded that there a few post-registration considerations such as tax compliance, AML/CFT/FIU compliance for listed businesses and the filing of annual returns with the Companies Registrar every year.
For further assistance, contact Sydney 868 373-1166
An Annual Return is critical to a company since this document presents a correct, updated reflection of the company’s state of affairs. This documents presents an up to date snapshot of all directors and officers of the company, share capital as well as company debts. Once this document is filed at the Companies Registry, this information will be registered with the Registrar. When conducting company business, banks and other stakeholders will request the most recent Annual Returns. From this document all present company officers and company debts can be discerned.
When should a Company file an Annual Return?
The law states that a company should file an Annual Return no later than 30 days after each anniversary date of its continuance, incorporation or amalgamation at the Companies Registrar.
What happens if a company fails or refuses to file an Annual Return?
Where a Company fails or refuses to file a document with the Registrar within the time specified in the Act, the Registrar shall be entitled to collect from that Company a penalty of one hundred dollars ($300.00) for every month or part thereof.
The Companies Act of the Republic of Trinidad and Tobago requires companies to file an Annual Return every year even if the company has not been trading. In accordance with Section 194 (1) of the Companies Act of the Republic of Trinidad and Tobago, each company must file an Annual Return no later than thirty (30) days after each anniversary date of incorporation in the applicable form. At any point, the officers of the company can change directors, corporate secretaries, issue shares or acquire loans and these changes must be captured in the Registrar’s records of the company.
The following must be updated in the Annual Returns:
(a)Name of the Company
(b)The Registered Office of Company
(c) The Anniversary date of the Company
(d) Share Capital
(e)Authorized Share Capital
(f) Details of the persons holdings shares in the company
(g) The Total amount of indebtedness of the company (loans, mortgages, charges)
(h) Updated details of all directors of the company
(i) Updated details of corporate secretaries
(j) Signature of the corporate secretary or the director
For further assistance, contact Sydney 868 373-166
The content herein is provided for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney at law to obtain advice with respect to any particular issue or problem.
ABOUT THE AUTHOR:
A.Sydney is an attorney at law by profession in Trinidad and Tobago. She specializes in AML/CFT/FIU Compliance, Taxation and provides Corporate Secretarial Services. Kindly explore the website for her portfolio of companies: http://asydneygroup.com .
Pine and Ginger or so the song goes. This is another idea that will bring you many happy returns. Pineapples can be purchased wholesale and then peeled and cut into circles. Seasonings can be prepared including chive, celery, chadon beni. Condiments such as salt and pepper can be added. Additionally a pepper sauce can be made and added to the pineapple chow on the customer’s request.
The skin from the pineapple can be boiled and cooled. Thereafter sugar and spices can be added to taste. This can be poured into a bottle and offered for sale. You may look at Youtube for preparation techniques.
If you need me for Business Registration Services, please contact 868 373-1166
The best way to predict your future is by creating it. You have to run after your destiny . A job is a temporary solution for a permanent problem. You will always need money, but is having a job the best way of earning an income ?
I have seen what craziness looks like . It’s getting dressed, preparing the children for school and rushing to work . The traffic is unbearable , you do not own a car so the heels of your shoes are worn out . At 8 am you clock into the biometric system and sit at your work station until lunch time. You answer the phone that does not stop ringing while working on the tasks assigned for the day . Your manager calls you for another pointless meeting and part of you dies as you pray for a way of escape. You return to your desk ,wait until lunch time ,then you go hunting for food . You return to your cell and labor until home time . You turn your computer off , bid your fellow inmates good bye and exit the building. You walk down to City Gate,and fetch a bus or other public transportation.You do this for 50 weeks every year in return for a stipend and 2 weeks paid vacation . Is this your life ? You can do better !
There is unlimited potential in you . Need I encourage you more to start a business ?
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Call Sydney 868 373-1166 for a conversation about registering your business
The Author is an attorney at law,she specializes in Financial Crimes and Corporate Law.She is a Certified Corporate Trainer , Certified Anti Money Laundering Expert and Certified Fraud Risk Manager.
1.The Name Approval / Name Reservation includes the applicant’s name, address, contact information, the proposed name of the business and the nature of the business.
The applicant signs the bottom of the form, however an incorporator, accountant or attorney at law can sign for and on behalf of the applicant only with respect to the Application for Name Approval.
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The relevant fees are paid to the cashier and the receipt is stamped with the date of return for the applicant. This is usually five to seven working days. If the Registrar has an issue with the proposed name, a query will be placed on the application. When the applicant returns to collect the name search results, the query must be satisfied in writing. In the event that there are no queries, the applicant will collect the name approval and proceed the next step.
2.Preparing and filing the Application for Registration by an Individual.
At this juncture, the application for Registration by an Individual must be completed and submitted together with the name approval that was previously collected. Details such as the business name, principal place of business, nature of the business, full name of the applicant must be included in this form. Only the applicant can sign this form and a copy of photo identification must also be submitted with the application to verify the signature of the applicant. The relevant fees are paid and the cashier issues a receipt with the stamped date for the applicant to return, usually five to seven working days. Once this application is approved, the certificate will be produced and ready for collection by the applicant.
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A.Sydney is an attorney at law by profession in Trinidad and Tobago. She specializes in AML/CFT/FIU Compliance, Taxation and provides Corporate Secretarial Services.