Annual Return Form in Trinidad

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 868 484-7778 http://asydneygroup.com

Importance of an Annual Return

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 868 484-7778

http://asydneygroup.com

Disclaimer

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 .

#annualreturns #company #faith #legalaffairs #businessowner #entrepreneur #incorporator #sydney #trinidad #lawyer #million #millionaire #businesregistration #mla #fiu #listedbusiness #success #asydneygroup.com #progress

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How to Dissolve a Limited Liability Company in Trinidad and Tobago?

In order to dissolve a limited liability company in Trinidad and Tobago, an application must be filed requesting that the company be struck off the Register of Companies. The name of the registered company, the registration number, incorporation date must be included. A detailed explanation must also be given to justify the request.

Within 6 months’ notice will be given in the Gazette of your request to be de-registered. At this juncture, persons with an interest in your company may come forward.

GET MY EBOOK FOR $100 TTD CALL OR WHATS APP 868 373-1166

The author is an attorney at law in Trinidad and Tobago. She specializes in Corporate Law and Financial Crimes. She is a certified Corporate Trainer, Anti Money Laundering Expert and Fraud Risk Manager.

Website : http://asydneygroup.com

Call or whatsapp 868 373-1166

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You have to follow through : To leave your mark on the world

Finish what you start. Everyone must learn this lesson. There is a certain pleasure to be derived from completing that which you start. Be it a relationship, a project or a degree, finish it. Quitting is easy, Anyone can quit. It takes a certain grade of a person to continue. Life can be challenging. But do not give up. Take some time off for yourself. Take a break, but do not give up. Keep trying. Many people are critical of the new business ideas that I execute. I then ask them to show me what they have produced. Absolutely nothing. They have done nothing. Yet they criticize your efforts. Ignore them, continue trying. I have been mentoring a young man who is also an entrepreneur. He sees me twice a week. He tells me his ideas then by the following day he is executing it. He returns to tell me the progress. Some days he is happy with progress,  other days he is frustrated. But he never gives up. He has a bright future ahead of him. I enjoy sharing ideas with him, we discuss them and then follow through. It only works, if you work it. Follow through.

The author is an attorney at law in Trinidad. She specializes in Anti Money Laundering. See the website :http://asydneygroup.com

#soletraderregistration #trinidad #howtoregisterabusiness

Updated: 11th Feb 2019

Go Forth and Meet your Destiny

You have to find your success. What are you passionate about ? Structure your passion with your profession. You will never work another day in your life. Money will follow. It may be hard in the early stages, but despise not the day of small beginnings. Keep your head up. The time has expired for waiting for someone else to make your dreams come true. This is your life. All failures and success in your life thus far are attributable solely to you. Find out what your strengths are. Work on your weaknesses. Become the best version of you possible. Things will fall in place. If you are single, at this time, enjoy it. Use the time to develop your skills. Get a hobby, work on a project, keep your hands busy. Ten years from now, you will laugh at the things that you endured.

Always remember that there is a younger person looking at you. You may be a role model for someone. It may  be your son, or sister or a neighbor. There will also be negative people awaiting your demise. Be determined to prove them wrong. Hold the vision, go forth and meet your destiny.

The author is an attorney at law in Trinidad. She specializes in Anti Money Laundering and Countering the Financing of Terrorism. See the website : http://asydneygroup.com 868 373-1166

Sydney Group is Celebrating our First Anniversary of blogging on WordPress

What is now proven was once a thought. I always wanted to be a blogger, but I feared that I would soon run out of topics. I did not want to start the project, then abandon it when ideas were scarce. But the opposite happened, as I immersed myself in writing the universe provided me with ideas weekly. I am now able to research new topics and prepare a presentation. It takes a certain level of commitment to produce one blog post weekly. Regardless of the occurrences of the week, I try to ensure that I have content to share. If I fail one or two weeks out of the year, please forgive me. I anticipated that there would be challenges in building a readership. I celebrated when my post was viewed by one person within 5 days of my posting. One year later I got 6 likes immediately after posting and this was a huge achievement for me.
I am aware that there are full time bloggers who have dedicated their time to provide you with timely posts. I am not yet in a position to do that, so please accept my blog posts as a sneak peek into my life. I invite you to continue reading my posts as I expand my knowledge base thereby generating additional posts. I am involved in many projects at this time, but my favourite project is blogging on this forum, WordPress. It is a great way to create an archive of your life week by week. People from all around the world view my posts, and I smile with each view.
It pleases me greatly when my friends or relatives strike up a conversation with me about one of my posts. The mere fact that they took 2 minutes out of their busy schedules to read my content means a lot to me. Last year I covered a range of topics from company registration, to wills to motivational posts. I take great pride in my writing. It was a challenge at first when I received no views or likes, but I decided to keep writing. That way when I did in fact develop a readership, they could return to my previous posts. Imagine 10 years from now, I can look back at these weekly entries and smile that it was recorded. I personally write my blogs and I am giving you a taste of the world through the eyes of a young, black, and woman.
The author is an attorney at law from Trinidad. She specializes in Anti Money Laundering ,Countering the Financing of Terrorism and Financial Ctimes.
Please see the website: http://asydneygroup.com
Instagram @asydneygrouptt
Whats App 1 868 373-1166

#wordpress #blog #blogger #attorney #lawyer #trinidad #anti #moneylaundering #countering #thefinancing #ofterrorism #focus #lawncare #cleaningcontractor

What does the way you walk say about you?

I have always been teased about the way I walk. I walk quickly, I pass people by on the sidewalks as though a dog I chasing me. I am oftentimes told that I would get a speeding ticket. I simply laugh at these jokes. In response, I say that I am “on a mission”. I could be on my way to class, on my way to the office or about to meet a friend, I walk with purpose.
Increasing your walking pace by 25% was one of the confidence building exercises in the Magic of Thinking Big . The author told of the games his mother played that consisted of watching passersby and observing their walking habits. His mother advised him that there was much to learn from observing the walking habits of people. The author said that psychologists link poor posture and sluggish walking to low self confidence. Psychologists also say that our attitudes can be changed by improving our posture and by increasing our speed of movement.
The author described 3 different groups of people based on their walking patterns. The first group are the “beaten people”, they “shuffle and stumble along through their life”. The second group of people are average and so is their walk, average. The last group of people exude “superconfidence” in the words of the author. These people walk faster than average, there is a sprint in the way they walk. Their walk tells the world “ I’ve got someplace important to go, something important to do”. Moreover, it tells the onlooker that the walker will succeed at anything he is about to do. The author advised that we should “throw our shoulders back, lift up our head and walk a little faster and feel confidence grow.

The author is an Attorney at Law in Trinidad and Tobago. She is an internationally Certified Specialist in Anti Money Laundering, Countering the Financing of Terrorism and FIU Compliance. See the website http://asydneygroup.com for her portfolio of companies. Instagram @asydneygrouptt Whats app 868 484-7778 .

How to deal with angry customers who insult you? A message to all those employed in the service industry and hospitality industry

I am well on my way to reading one book every week  pursuant to my new year’s resolution. This week, I am exploring “The magic of Thinking Big by David Schwartz. In one chapter he narrates a  story of an irate guest at a hotel who sent a telegram to reserve a room for a single occupant but who came to the hotel clerk requesting  hotel room with double occupancy. The customer insulted the clerk threatening to have him fired and questioned his intelligence. The young clerk apologized but declared that he was merely following instructions.

The author was next in line to deal with the clerk but was pleasantly surprised when the clerk greeted him warmly. The author told the clerk that he admired the way that he dealt with the previous customer. The clerk stated that he refused to be infuriated by a customer like that, he empathised with the man and supposed that he was having marital problems and that the man used him as a scapegoat to feel superior. The clerk added that “…underneath he is  probably a nice guy, most folks are…”

The author then suggested that we remember this statement the next time someone “declares war on us. He said the best way to deal with situations like this is to let the other person say their piece, then forget about it”.

We have nothing to lose by following this approach. Instead of responding to their insults , especially for those of us who work in the service industry, it is wise to hold our tongue. There is nothing to gain by charging with bitter words. The other person may in fact be experiencing some trying times and may simply want attention. Although you may find that your minimum wage does not pay you enough to take insults, I am sure by the following week that you will forget the exchange of words.

 

 

 

 

How to determine if you are being cheated on : Look out for these signs

This generation inherited infidelity from our forefathers. We have now glamorized being the side piece and we pity the main course who is living under false assumptions. I had the distinct pleasure of speaking to a wise man. He told me that in order to discover whether you are being cheated on,take the following steps :

1.Go to sleep early ,then wake up at midnight to check if your partner is sleeping next to you or sneaking phone calls to another lover.

2. If you live together, purposely forget your keys at home,that way,your partner has to open the door for you. You can catch them off guard at this juncture.

3. Drop by their residence (if you do not live together ) unexpectedly,and carry a token of love for them,such as flowers or a meal. Ask to go inside the house and have a refreshment.Observe the surroundings carefully. 

4. Pay attention to changes in their daily routine,such as prolonged time spent at the gym or unexpected trips to the grocery that turn into a 2 hour road trip. 

5.Keep your nose open to new fragrances or body odors.Everyone has a distinct smell and when persons are romantically involved,their odors combine and may change. 

6. Changes in sexual desires or requests . Your partner may be trying to be more adventurous or simply chasing a sexual dragon on a quest for pleasure. A new lover may have exposed them to different intimate positions and they may want to try it with you.

7. Use of new slangs,or terms-we emulate the same speech patterns as those we constantly interact with,so your partner may be repeating new words that they heard from their lover. 

This may seem like a fishing expedition,but it is worth the effort to determine if your time is being wasted. The biggest step after discovering that your partner is in fact cheating,is to be willing to walk away. Indeed,you will miss your lover, but then ask yourself what exactly do you miss about them. Do an audit of the time that you two spent together. Did you give more than you received? Were you the only one inconvenienced by your meeting times or were they mutually convenient ? The end goal is to find out if you were being used. Then you have to remember your worth and walk away. If you choose to stay with your lover after you learn that they are cheating on you,then you are solely responsible for any future unhappiness. The cheating spouse may seek to exercise control over you psychologically. They may be under the impression that you cannot function without them and they will continue to hurt you.

Not everyone can run a Bar : Special skills are required for certain types of businesses

How much of human life is lost in waiting? Do not wait until the timing is perfect. Proceed with your plans . Time waits on no one . Plan and execute. You have to state your intentions to the world and put it out in the universe. It will come back to you. The elements will line themselves up. Everything will fall into place. Start today,baby steps .Do not wait until the time is right. Do not wait for conditions to be favourable,just proceed and they will follow your lead. You have to guide the way ,you will become weary in waiting . Plan ,execute and repeat . Write your plans down for your records and tell your friends about it to remain accountable . Press on.

Get rid of toxic people : Say NO to Narcissists 

People underestimate the importance of their backs. If you are having back pains you will have grave difficulty functioning. Your central nervous system consists of your brain and your spinal cord. Your spinal cord runs along your back. Spine injuries may render the victim cripple. I was watching the second installment of Independence Day (2016) and the alien invader was destroyed by shooting her in the back. One of the men who was fighting to save the World advised his comrades to aim for the alien’s back because that was her weakness. I took a moment to process this and I recalled that the human back is also a vulnerable area. We always lament when persons known to us say negative about us “behind our backs “. We become bitter when they “stab us in the back”, wouldn’t it hurt more to aim for our hearts ? I think not,because a broken heart can mend. But a broken back, will never be whole again. In this era of user friendly people ,we have to guard our backs. We have to watch our own backs because a friend,is a known enemy.