File a Notice of Change of Directors

Introduction

The Companies Act, Ch. 81:01, stipulates that:

  1. at the time of delivering Articles of Incorporation, the incorporator must complete and deliver to the Registrar a Notice of Directors, indicating the names of the directors; and
  2. where a person ceases to act as a director, the company must complete and deliver to the Registrar a Notice of Change of Directors, indicating the change.

A Director is a person who is responsible for supervising the conduct and management of the affairs of a company, and who makes important decisions on behalf of the company.

A non- public (private) company for profit must have at least two (2) directors, but a public company for profit must have no fewer than three (3) directors.

A non-profit company must have no fewer than three (3) directors.

The Filing Process

  • Download two (2) copies of the Notice of Change of Directors (“Notice”) from this website and complete duplicate originals of the Notice.
  • Book an appointmentt with the Registrar General’s Department to submit the duplicate originals at the Companies Registry counter.
  • Pay the prescribed fee of forty TT dollars ($40.00), at the time of the appointment, directly to the Companies Registry cashier at the Registrar General’s Department.
  • Collect one original Notice at the Companies Registry counter.

Where a person or a company fails to deliver a Notice of Change of Directors within the stipulated time, the Registrar of Companies is entitled to collect from the person or company a penalty of three hundred TT dollars ($300.00) for every month, or part thereof, that the notice is “late” in being filed (section 516 of the Companies Act, as amended by section 16(e) of the Finance Act No. 2 of 2013).

This notificaton is intended for general guidance only, and does not constitute legal advice.

You should seek appropriate professional advice and assistance, where necessary; the Registrar General's Department cannot provide such advice.