Registration Of Business Names Act Barbados
Commencement 31 march 1956 1.
Registration of business names act barbados. A division of the ministry of international business and industry barbados. The official address in barbados where the share registers minute books and other statutory information will be kept. The minimum and the maximum number of directors a company can have a minimum of one director.
Proposed names of the company a minimum of two corporate names in order of preference. 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. Short title this act may be cited as the registration of business names act.
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. Regis1 ra tdn of h usiness names the reglstratlon 01. If you do not register a business name in barbados your competitor can easily use your name and it may be impossible to get it back.
The department currently administers and or has responsibilities for over thirty 30 enactments and some ten 10 international agreements and. Bills of sale act. Do not be daunted by the thought of registering your business name.
A every firm having a place of business in barbados and carrying on business under a business name which does not consist of the true surnames of all partners who are individuals and the corporate names of all partners who are corporations without any addition other than the true christian names of individual partners or initials of such. Registration of business names act acts 8 of 1956 and 20 of 1990 an act to provide for the registration of firms and persons carrying on business under business names and for connected purposes. Forms for online registration.
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. Bills of sale act. In order to have a legal business name it must registered at the corporate affairs and intellectual property office caipo.