How To Register A Business Barbados
In this section you will find all the frequently asked questions about the facilities and services offered at the barbados revenue authority.
How to register a business barbados. All businesses must register with the corporate affairs and intellectual property office caipo located at 7th floor baobab tower warrens st. If you propose to offer any form of entertainment to the public for example a nightclub you may also obtain a public entertainment licence there. What steps are involved in registering a business name in barbados. How to register my business for tamis. Select the appropriate form for the business you want to register.
Apply with the barbados corporate affairs and intellectual property office. Proposed names of the company a minimum of two corporate names in order of preference. The official address in barbados where the share registers minute books and other statutory information will be kept. Every individual or firm having a place of business in barbados and carrying on business under a business name which does not consist of their true name is required to register that name with the registrar within fourteen 14 days after the commencement of business. Who is an individual a firm or a foreign firm for purposes of the act.
This is a one page document and can be downloaded here from the caipo website. It improves your reputation within the business community. Name of the business the first item asks about the name of the business. You can register your business as a sole proprietorship partnership or a limited liability company. Information required to complete this.
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. 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. You probably should have at least 2 or 3 options in mind in case your first preference is already taken by another barbadian business. The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and conventions. However before registering with the authority companies must have been registered with the corporate affairs and intellectual property office.
Incorporation registration with the corporate affairs and intellectual property office. Decide on an appropriate business name.