Do you have to pay to Register your Business in Trinidad?

Yes, you have to pay filing fees to the Registrar of Companies in Trinidad. Buy my eBook to learn how to complete the forms correctly to register your own business : There are  two steps in registering a business as a sole trader in Trinidad and Tobago namely:https://gum.co/emvCA

  1. Application for Name Approval/Name Reservation this costs $20.00TTD and;
  2. Preparing and filing the Application for Registration by an Individual, this costs $220TTD.

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.

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.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP, Bar No. SYA2015211, Attorney at Law. The author is the first Online Lawyer based in Trinidad and Tobago. She has clients in Guyana, St Vincent, Barbados, the British Virgin Islands and North America. She specializes in Corporate Law and Anti-Money Laundering Compliance. She helps clients to start their Online Business Empire.

Buy my eBook to learn how to complete the forms correctly upgrade from a Sole Trader to a LLC https://gum.co/qxbBF

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Consultation fee is $300 TTD per hour.

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: https://www.youtube.com/channel/UC8-sUa8WMDJM8w5_Q3nhQ5w

I am a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

Services include:

Anti-Money Laundering (AML) Training for staff, directors;

Anti-Money Laundering Audits;

Compliance Program drafting;

Consulting services and much more.

Get my Ebooks now!!!  only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

  • How to Change the Business Name of a Sole Trader
  • How to De-Register a Sole Trader Business
  • How to Register a Partnership
  • How to Change from a Sole Trader Business to a Limited Liability Company
  • How to Register a Limited Liability Company
  • How to Change the name of a Limited Liability Company
  • How to Dissolve a Limited Liability Company
  • How to Register an External Company
  • How to prepare Annual Returns for an External Company

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