How To Register A Small Business In Barbados
All businesses must register with the barbados central revenue authority where you will be issued with an employer s income tax number and a value added tax number.
How to register a small business in barbados. To register a business name in barbados one needs to fill out a form of application for registration form 1. You can register your business as a sole proprietorship partnership or a limited liability company. All businesses must register with the national insurance department sir frank walcott building culloden road st. Here are top 10 small business investment opportunities in barbados. The office is primarily responsible for keeping and maintaining a wide variety of business and commercial records which are vital to the orderly conduct of business in and from barbados.
To register a charity an application form which is available from the corporate affairs and intellectual property office should be completed by the charity trustees and forwarded to the registrar together with the following. It is usually a requirement by financing companies when applying for a business loan. Suite 101 building 4 harbour industrial estate bridgetown barbados. Proposed names of the company a minimum of two corporate names in order of preference. The first item asks about the name of the business.
All businesses must register with the corporate affairs and intellectual property office caipo located at 7th floor baobab tower warrens st. It allows you to hire employees specifically for the business. The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and conventions. 1 246 228 0162 fax. Information required to complete this.
Michael where you will be issued with an employer s national insurance number. Go to the government agency s website and click on download forms. What steps are involved in registering a business name in barbados. The trust deed appointing the trustees and establishing the objects and purposes of the trust. Incorporation registration with the corporate affairs and intellectual property office.
Apply with the barbados corporate affairs and intellectual property office. This is a one page document and can be downloaded here from the caipo website. Name of the business. Decide on an appropriate business name. It improves your reputation within the business community.