How To Register A Business 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 business barbados. Go to the government agency s website and click on download forms. It improves your reputation within the business community. Who is an individual a firm or a foreign firm for purposes of the act. In this section you will find all the frequently asked questions about the facilities and services offered at the barbados revenue authority. The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and conventions.
Registration of corporations all companies carrying on business in barbados are required to register with the barbados revenue authority. Incorporation registration with the corporate affairs and intellectual property office. How to register my business for tamis. 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. You can register your business as a sole proprietorship partnership or a limited liability company.
Select the appropriate form for the business you want to register. To register a business name in barbados one needs to fill out a form of application for registration form 1. 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. However before registering with the authority companies must have been registered with the corporate affairs and intellectual property office. Proposed names of the company a minimum of two corporate names in order of preference.
What steps are involved in registering a business name in barbados. All businesses must register with the corporate affairs and intellectual property office caipo located at 7th floor baobab tower warrens st. 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 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. 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. Information required to complete this.