How To Register A Small Business In Barbados
You can register your business as a sole proprietorship partnership or a limited liability company.
How to register a small business in barbados. The official address in barbados where the share registers minute books and other statutory information will be kept. The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and conventions. Select the appropriate form for the business you want to register. It allows you to hire employees specifically for the business. Apply with the barbados corporate affairs and intellectual property office.
1 246 228 0162 fax. Incorporation registration with the corporate affairs and intellectual property office. The trust deed appointing the trustees and establishing the objects and purposes of the trust. 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.
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. What steps are involved in registering a business name in barbados. Name of the business. Proposed names of the company a minimum of two corporate names in order of preference. Michael where you will be issued with an employer s national insurance number.
All businesses must register with the national insurance department sir frank walcott building culloden road st. It improves your reputation within the business community. This is a one page document and can be downloaded here from the caipo website. Here are top 10 small business investment opportunities in barbados. The first item asks about the name of the business.
To register a business name in barbados one needs to fill out a form of application for registration form 1. Decide on an appropriate business name. All businesses must register with the corporate affairs and intellectual property office caipo located at 7th floor baobab tower warrens st. Information required to complete this. Barbados is located around the western area of the north atlantic and approximately about a 100 kilometres east of the windward islands.