How To Register A Business Barbados

What steps are involved in registering a business name in barbados.

How to register a business barbados. You can register your business as a sole proprietorship partnership or a limited liability company. How to register my business for tamis. All businesses must register with the corporate affairs and intellectual property office caipo located at 7th floor baobab tower warrens st. In this section you will find all the frequently asked questions about the facilities and services offered at the barbados revenue authority. 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.

Registration of corporations all companies carrying on business in barbados are required to register with the barbados revenue authority. Who is an individual a firm or a foreign firm for purposes of the act. Incorporation registration with the corporate affairs and intellectual property office. The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and conventions. You probably should have at least 2 or 3 options in mind in case your first preference is already taken by another barbadian business.

Information required to complete this. Go to the government agency s website and click on download forms. The official address in barbados where the share registers minute books and other statutory information will be kept. To register a business name in barbados one needs to fill out a form of application for registration form 1. It improves your reputation within the business community.

Proposed names of the company a minimum of two corporate names in order of preference. Apply with the barbados corporate affairs and intellectual property office. Name of the business the first item asks about the name of the business. Decide on an appropriate business name. 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.

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. This is a one page document and can be downloaded here from the caipo website.