FAQs

Do you have a question on what a business or company is, how to do your name search, register your business, incorporate your company. Find the answers below.

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BUSINESS OR COMPANY NAMES

Choosing a Name for a Business or Company

Why would an application for a name search/name reservation not be approved?

Where a proposed name for a business or company is one which is prohibited by law an application for a name search/name reservation for that proposed name will not be approved.

What names are probibited by law?

Names that:

  • are comprised entirely of general words, unless the name has become established by a long and continuous prior use (Regulation 6 (1) Companies Regulations 1997);
  • contain a word or phrase that is obscene or connotes an undertaking that is scandalous, obscene or immoral (Regulation 6 (1) Companies Regulations 1997);
  • are the same as or similar to the name or business name of any other person or of any association, partnership or firm, any registered trade mark or any well-known trade mark, if the use of that name would be likely to confuse or mislead (S. 493 (a) Companies Act 1995);
  • are primarily a geographic name used alone, unless the applicant establishes to the satisfaction of the Registrar that the name has through use acquired and continues to have a secondary meaning (S. 493 (b) Companies Act 1995);
  • are likely to be confusing with that of a company that was dissolved (S. 493 (c) Companies Act 1995);
  • suggest or imply a connection with the State, or the Government or of any ministry, department, branch, bureau, service, agency or activity of the Government, unless consent in writing to the proposed name is duly obtained from the appropriate Minister (S. 493 (d) Companies Act 1995);
  • contain the word or words “credit union”, “co-operative”, or “co-op” when it connotes a co-operative venture (S. 493 (e) Companies Act 1995); and
  • suggest or imply a connection with a university or a professional association recognised by the laws of Trinidad and Tobago unless the university or professional association concerned consents in writing to the use of the proposed name (S. 493 (f) Companies Act 1995);
  • are, in the opinion of the Registrar, for any reason, objectionable (Regulation 6 (1) Companies Regulations 1997).

What does "comprised entirely of general words" mean?

A proposed name is comprised entirely of general words where only descriptive words, e.g. those which only describe what the business does or sells, and no distinctive word, e.g. a surname, name of a place or phrase, are used in the name.

What factors may cause a proposed name to be considered the same or similar to another?

Where:

  • the proposed name comprises the same or similar distinctive word(s) or initial(s) of another name or business name: note that names are considered similar even where one is in the singular and the other in the plural, one is in the English language and the other in a foreign language, one is spelt in the conventional way and the other unconventionally or one is contianed in its entirety in the other; and
  • the area of business activity is similar or the same: note that the area of business activity is considered similar where one is an alternative description of the other

What does it mean when an application is not approved?

A new application for a different name must be submitted, when an application is not approved.

What guidelines are there for choosing a business or company name?

  • coin a name;
  • prefix the name with a distinctive word(s);
  • avoid a name that does not say exactly what is the area of business activity e.g. through the use of words such as enterprises, industries, entertainment, services or contracting;
  • avoid a name that is the same as or similar to a famous name, even if that name is not registered in Trinidad and Tobago;
  • avoid a name with words that erroneously suggest that the business or company has international status or links e.g. international;
  • avoid a similar sounding name, especially in the same aera of business activity; and
  • use the Companies Registry online search facility to identify similar names already registered.

What additinal information should be provided to avoid delays in the processing of an application?

Providing an explanation of how or why the proposed name was chosen, in the following cases, will avoid delays caused by queries on the application.

  • Where the proposed name comprises an individual’s name state the individual’s full name and explain the individual’s connection to the business (not required if it is the name of the sole proprietor);
  • Indicate who a sobriquet/nickname used refers to;
  • Indicate what initials or acronyms used stand for;
  • Explain how each component of an invented/coined word was chosen;
  • Translate words taken from foreign languages and indicate the language;
  • Justify the use of the word “international” by indicating the foreign countries in which the business will be carried on;
  • Justify the use of the word “Group”;
  • Provide proof of registration of any domain name forming the whole or part of the proposed name;
  • Provide proof of registration of any telephone number forming the whole or part of the proposed name;
  • Provide proof of registration of any radio channel forming the whole or part of the proposed name;
  • Where the proposed name makes reference to or contains the name of a business or company already on the register, explain the connection to that business or company and provide proof of authorization to do so;
  • Indicate any connection to a ceased business;
  • Where the proposed name makes reference to or contains the name of a business or company registered abroad, explain the connection to that business or company and provide proof of authorization to do so;
  • Where the proposed name suggests a connection to the State or Government or any ministry, agency or activity of the Government (e.g. by using the word “national”) provide written consent from the appropriate Minister;
  • Where the proposed name suggests a connection to a recognized university, school, association, organization or agency provide written consent from the respective body.

BUSINESSES REGISTERED UNDER THE REGISTRATION OF BUSINESS NAMES ACT CH 82:85

Business and Business Names

What is a Business?

A business is a trade or lawful activity or profession, carried on for gain or profit by an individual or by two or more persons, (whether natural persons or legal persons, i.e., companies or corporations or a combination of the two). The owner(s) of the business is/are personally responsible with respect to the carrying on of same; so that, for example, anyone claiming monetary loss or damage arising from the operation of the business must take legal action against the owner(s). However, as a business has no legal identity or capacity of its own, it cannot sue or be sued, nor can it enter into contracts, purchase property, etc.

What is a Business Name?

A business name is the name or style under which any business is carried on, whether in partnership or otherwise. It is the business name which is required to be registered by law, not the business.

Why should a Business Name be registered?

A business name distinguishes the business to which it is attached from other businesses, particularly those which are engaged in the same activities. It should enable customers who wish to transact business with, for example, “Precision Locksmith Services”, to be assured that they are doing so, and with no other enterprise involved in the same industry. Moreover, a business which provides competent and efficient delivery of service shall usually gain goodwill and a positive reputation, with which its business name shall be associated. This shall naturally lead to an expanding customer base.

It is, therefore, in the interest of the owner(s) of a business to register the business name to establish their priority and rights with respect to that business name; unscrupulous persons may seek to capitalize financially on the goodwill and positive reputation of the business by carrying on trade under its business name. and thereby misleadingly suggest that they are in some way connected to the business. The business may also suffer damage to its reputation if impostors offer sub-standard goods or services to customers. Registration promotes order and certainty in the marketplace, protects customers and facilitates legal action(whether criminal or civil) against persons involved in fraudulent and dishonest activities surrounding a business name.

Above all, owners/proprietors are required to provide evidence of registration of their business names in order to open bank accounts, bid for contracts or tenders, register for VAT collection and as employers under the National Insurance Board, to name but a few common scenarios.

What is the law that governs business name registration in Trinidad and Tobago?

The Registration of Business Names Act, Chapter 82:85(“the Act”).

When should a business name be registered?

A business name must be registered within fourteen (14) days of the commencement of operations by the business (Section 7 of the Act).

What are the main types of business name registration?

Individual – where the business is owned by a natural person(i.e., a human being). The person may operate the business by himself, or with or without employees. The owner/ proprietor is personally liable for any debts incurred in the course of operating the business. This type of business is also known as a sole trader.

Firm – where the business is owned and operated by two or more persons, whether natural persons or legal persons (i.e., companies), or a combination of the two. The partners are jointly liable for any debts incurred in the course of running the business. This type of business is also known as a partnership.

Are there any restrictions on what I can use as a business name?

The name chosen must not be the same as, or similar to, a name existing in the records of the Companies Registry. The desired business name must also be distinctive, must not cause confusion with any existing name, and must not be prohibited or misleading. A business name must not include the words “Limited”, “Unlimited”, “Incorporated”, or any abbreviations of these terms, at the end of the name, as they wrongly suggest that the business is a corporation.

Also, business names must not end with.”LLC”,or “LLP”; these endings relate to U.S. company and partnership legislation, and there are no equivalent laws in force in Trinidad and Tobago at this time.

The Registrar General (“the Registrar”) has the power to cancel the registration of, or refuse to register, any business name which, in his opinion, is misleading or otherwise undesirable (section 16 of the Act). In addition, the use of words or expressions such as “credit union”, “trade union”, “co-operative” or “co-op”, is prohibited, as this would be misleading. Credit unions, trade unions, etc., are dealt with separate statutes and are not business names.

The Registrar will not approve prospective business names which:

  1. Are the same as, or contain the names of, registered trademarks or well-known trademarks;
  2. Suggest a connection with, or sponsorship by, the State, Government, a Government Department, Ministry, concern, etc.;
  3. Suggest a connection with an individual (including a famous individual) or a renowned institution such as a university or a company;
  4. Include words such as “Commonwealth”, “CARICOM”, “National”, “International”, “and Institute”,
  5. Unless consent from the relevant trademark owner/proprietor, etc., is obtained.

Further, the Registrar, generally shall not approve business names containing words or phrases that are obscene or which suggest activities that are scandalous, obscene or immoral.

Who can register a business name?

Any person 18 years and over can register a business name.

A company or corporation can also register a business name. However this must be in partnership with an individual or with another corporation.

Can a business be known by more than one business name?

Yes, it is possible for a business is to be known by, and carried on under, more than one business name (section 5(2) of the Act); however, all names must receive the approval of the Registrar prior to registration.

Must I file any documents after I register my business name?

Only if there is a subsequent change in any of the particulars indicated when the business name was registered, e.g., a change of name, a change of address, or of business activity (Section 8 of the Act). There is no obligation to file any post-registration documentation otherwise. However, a notice of change in particulars must be filed with the Registrar, on the prescribed form, within fourteen(14) days after the change has taken place (section 8).

Must I notify the Registrar when I close my business?

Yes, you must file a Notice of Cessation ( Form 9) of the business with the Registrar (section 15 of the Act). It is in your interest to do so, as the the legal presumption is that the business is being carried on, as long as the business name remains on the Register of Business Names. Thus, the registered owner(s) would have to prove to the Board of Inland Revenue, for example, that the business is no longer in operation.

How can I register my Business?

Please click here to learn more.

I have a Sole Trader Business and I want to change to a Limited Liability Company. How can this be completed?

Steps to change from Sole Trader to Limited Liability Company are outlined below:

  • Name Search to be done online (indicate on form that you are changing from sole trader to limited liability) (www.ttbizlink.gov.tt)
  • Name Availability Acknowledgement
  • Name Reservation Payment (In branch TT$25.00; appointment needed for walk-in)
  • Email Name Approval Confirmation
  • Registration of Business/Company/Non Profit Forms to be submitted (www.ttbizlink.gov.tt)
  • Payment and Collection of Business/Company Certificate (TT$220.00 for Sole Trader, TT$520.00 - TT$560.00 for Company depending on if Secretary or not, appointment needed.) Before Registration of the Company please note you will be required to file the cessation of the Sole Trader. Please print and fill out the following form A walk in appointment via our website is required to file the cessation of the Sole Trader Business.

COMPANIES INCORPORATED FOR PROFIT UNDER THE COMPANIES ACT CH 81:01

Glossary of Terms

Amalgamation

An amalgamation is a process by which two or more companies, including holding and subsidiary companies, may merge and continue as one company.

Annual Return

Annual Return is a document that registered companies are required by law to send to the Companies Registry. It includes information concerning the type of company, the registered office, directors, secretaries, shareholders, type of shares and certain company debts. The information on the return must show the up -to - date status of the company as of the anniversary date of the incorporation, or continuance, or amalgamation or registration as in the case of an External company. Any changes prior to the anniversary date of filing should be filed prior to the Annual Return on the prescribed form as required by the Companies Act, ('the Act'). Note: This document should not be confused with Income Tax normally filed with the Board of Inland Revenue department.

Articles

Company articles or articles refer to one of the constitutional documents of a company which set out the basic management and administrative structure of the company.

However, there are various types of articles, for example:

  • Articles of Incorporation;
  • Articles of Continuance;
  • Article of Continuance;
  • Articles of Amendments;
  • Restated Articles of Incorporation; or
  • Articles of Re–organization/Arrangement.
Articles of Incorporation

A legal document that govern the company’s activities and regulations. The articles set out the following clauses with respect to:

  • Company Name
  • Liability of members
  • Class of shares
  • Restrictions on share transfer
  • Variations of pre-emptive rights
  • Restrictions on powers of directors to amend by-laws
  • Restriction on the business, the company may carry on
  • Other provisions
By-Laws

The by-laws of a company set out the rules, which are adopted by the directors and members to govern the internal operations of a company. This may include the procedures for:

  • Holding a directors and members meetings;
  • Appointing of officers;
  • Establishing the duties of officers, etc.

Note:
  1. Every company must have by-laws
  2. By Laws are not filed with the Registrar of Companies. The company must prepare and keep the by-laws at its registered office.
Charge

A charge is created as a security when the company applies for a loan

Corporate Instruments

Includes any statute, letters patent, memorandum of association, articles of association, certificate of incorporation, certificate of continuance, Bye-laws, Regulations or other instrument by which a body corporate is incorporated or continued or that governs or regulates the affairs of a body corporate.

Director

A director is an individual who is responsible for supervising the management of the company’s affairs and makes important decisions on behalf of the company.

Former Act

The Companies Ordinance, repealed by the Companies Act Chap 88:01.

Former-Act Company

A company incorporated or registered under the former Act or any Act replaced by the Companies Act Ch 88:01.

Incorporation

The act of establishing a company by filing the required documents.

Mailing Address

The mailing address is an address which is different from the registered office, where unofficial correspondence can be sent. This address may be a post office box or post office bag.

Officer

  • The chairman, deputy chairman, president or vice-president of the board of directors;
  • The managing director, general manager, comptroller, secretary or treasurer; or
  • Any other person who performs for the body corporate functions similar to those normally performed by the holder of any office specified in paragraph (a) or (b) and who is duly appointed to perform such functions;

Ordinary resolution

A resolution passed by a majority of the votes cast by the shareholders who voted in respect of that resolution.

Public Company

A company any of whose issued shares or debentures are or were part of a distribution to the public within the meaning of section 6 but does not include a former-Act company which was not a public company under the former Act at the commencement date.

Pre-emptive rights

The right of a shareholder in a company to have the first opportunity to purchase newly issued shares, before the shares have first been offered to the shareholders holding shares of that class. The shareholders have the right to purchase the shares in proportion to their holdings of shares of that class, at such price and on such terms as those are to be offered to others.

Registered Office Address

The registered office address is the legal (or official) address of a company and must be a full (or complete) address within Trinidad and Tobago, e.g., 304 Frederick Street, Port of Spain. A registered office address cannot be a post office box or post office bag. The registered office address is the legally recognized address to which official correspondence must be sent, and service of legal process (e.g., pre-action protocol letters or statements of claim) is effected.

Resolution

The meaning of the term "resolution" depends on the context. It can mean:

  • a written record of decisions taken in lieu of an organizational meeting;
  • a decision made at an annual or special meeting based on the required number of votes in favour by shareholders entitled to vote; or
  • a document signed by all shareholders in lieu of a meeting of shareholders.

Secretary

An officer of the company who’s normally maintains the statutory registers and ensures that statutory forms are filed

Share

A company limited by shares must have a share capital divided into shares. Each share must have a nominal value (sometimes called "par value"). A share refers to one of the equal parts into which a company's capital is divided, entitling the holder (shareholder) to a proportion of the profits.

Shareholder

A shareholder is a person holding shares in a company. This person is considered to be the owner of the company. Shareholders must conduct or approve many corporate activities such as electing directors therefore an active corporation must have at least one shareholder.

Special Resolution

A resolution proposed at a company meeting with the intention to propose the resolution as a special resolution with given notice of no less than twenty-one days and which is-

  • Passed by a majority of not less than seventy-five per cent of the votes cast by the shareholders who voted in respect of the resolution; or
  • Reduced to writing as a special resolution and signed by all the shareholders entitled to vote on the resolution;

Statutory Declaration

A written statement that is declared to be true in the presence of a qualified official who has the authority to administer an oath or solemn declaration (e.g., a commissioner for oaths, notary public, lawyer, etc.).

Unanimous Share holder Agreement

A written agreement among all of the members of a company that restricts in whole or in part the powers of the directors to manage the activities and affairs of the company.

Documents filed under the Companies Act

How should documents filed pursuant to the Companies Act ('the Act') be presented to the Companies Registry?
  • All documents prepared and presented pursuant to the Act, must be filed in duplicate originals, on good quality white paper approximately 8.5 inches x 11 inches in size.
  • All documents must be typewritten or printed (i.e., written in BLOCK LETTERS).
  • Documents must be legible and suitable for photocopying and scanning.
  • Where an item on a form is not applicable, this must be indicated by the phrase “not applicable” or by the abbreviation “N/A”.
  • Where information is set out in response to one item in a document, it may be referred to in response to any other item in that document by cross -reference.
  • Where information required to be disclosed cannot be accommodated in the space provided, the person completing the form may, subject to items a), b), or c) above, incorporate the provision in the form by setting out in the space provided in the form the following sentence:
    • “The annexed Schedule is incorporated in this form”, and by annexing the provision to the form as that Schedule.
    • A separate Schedule is required in respect of each item that is incorporated in a form by reference

Profit Companies

What is a Company?

A Company is an association incorporated by one or more persons to carry on business or other useful activities in its name. Most companies incorporated in Trinidad and Tobago are formed under the Companies Act (1995), Chapter 81:01.

What are the main characteristics of a company?

Firstly, a company has a separate legal identity, from the persons forming it and, subject to law, it may carry on all activities which a natural (human) person of 18 years and above can pursue. Further, if a court judgment is entered against a company, the personal property of its members is not usually subject to seizure and sale for the recovery of the judgment debt.

Secondly, most companies are of limited liability; this means that the financial responsibility of members/shareholders of the company is restricted to the amounts payable on the shares they hold in the company or the amounts they guarantee to pay. A small number of companies are of unlimited liability.

What types of companies are incorporated or registered under the Act?
  • Profit Companies;
  • Non-profit Companies, and
  • External Companies.
What is a profit company?

It is an association formed to conduct business in the name of the association for profit or gain.

What types of profit companies are there?

Limited by Shares – in this case, the liability of members (shareholders) of the company in a winding up of the company is limited to the amount payable on the shares issued to them, and no more.

Limited by Guarantee – where members of the company guarantee to pay a nominal amount in the event of a winding up of the company.

Unlimited liability – where the liability of members of a company is not limited to any specific sum.

How many people may incorporate a profit company?

One person (an incorporator) may incorporate a company (section 8(1) of the Companies Act). An incorporator is a person who signs the articles of incorporation of a company (section 4 of the Companies Act).

An incorporator:

  • Must not be younger than 18 years of age;
  • Must not be mentally ill within the meaning of the Mental Health Act of Trinidad and Tobago, and
  • Must not be an undischarged bankrupt under the laws of Trinidad and Tobago or elsewhere. (section 8(2) of the Companies Act).
What are the main responsibilities of a person incorporating a profit company?

Such persons are obliged to ensure that there is compliance with the provisions of the Companies Act which govern the incorporation of companies. In addition, after incorporation, certain documents, e.g., Annual Returns are required to be filed within the deadlines imposed by the Act. Also, changes in the particulars of the company (e.g., changes in directors, secretary, etc.) must be notified in conformity with the timelines imposed by the Act.

The responsibilities and liabilities of company directors, under the Act, are quite strict. It is, therefore, strongly recommended that you seek appropriate legal and other relevant advice, where necessary. You should also note that you may be subject to obligations imposed by other pieces of legislation, e.g., the Corporation Tax Act and the National Insurance Act.

Are there any restrictions on the name a profit company may carry?

Pursuant to section 493 of the Companies Act, the Registrar of Companies cannot approve and reserve a prospective company name that is:- for example, the same as, or similar to, the name of a previously incorporated company or registered business name, or registered trademark (or famous trade-mark), a geographic name used alone. a name which suggests or implies a connection with, or sponsorship or endorsement by, the State, Government, a Government Ministry, Department unless written consent from the appropriate Minister of Government is obtained.

The name must be distinctive, must not cause confusion with any existing name and must not be prohibited or misleading. The name must end with the words “Limited” or “Unlimited” or their abbreviations “Ltd.” or “Unltd.”. (Section 14(1) of the Companies Act). In addition, please note that the words mentioned hereunder must be justified and/or consent from the appropriate person or organization obtained, before they can be used as part of a company name:

  • National
  • International
  • Institute
  • Bank
  • Commonwealth
  • Caricom

Generally, names which suggest or imply a connection with individuals (including famous individuals) or institutions or companies will not be approved unless the appropriate written consents and/or justifications are produced to the Registrar of Companies.

Names containing words such as “Credit Union”, “Co-operative”, “Co-op”, or “Trade Union” are prohibited for the purpose of registering/incorporating a Credit Union, Co-operative Society, or a Trade Union.

Names containing words or phrases which are obscene or suggest activities which are scandalous, obscene, or immoral shall generally be refused by the Registrar of Companies.

How can I get information on my existing Company without visiting a Registrar General’s Department Office?

Company searches can be done on any Business/Incorporated Company registered with the Registrar General’s Department and can be done by anyone (person).

Company Officers

How does a Company operate?

A Company has a separate legal identity from its formers and members, and is often referred to as a legal person, as opposed to a natural person (a human being). This “legal personality” has been found, over the last several hundred years, to be an advantageous method of pursuing business and other useful activities all over the world.

Of course, a Company has no brain or limbs, and so on, as human beings do. So, it exercises its powers and carries on its activities through human management, that is, through its Officers. Such persons are, primarily, its Directors and Secretaries.

Who is a Director?

A Director is an individual who manages the affairs of a Company.

How many Directors must a Company have?

A Non- Public (private) Company for profit must have at least two (2) Directors, but a Public Company must have no fewer than three (3) Directors(section 64(1 of the Companies Act, 'the Act'). There is no fixed maximum as to the number of Directors that a Private Company must have at any given time. Nevertheless, the number of Directors that a Company decides to have must be indicated in its Articles of Incorporation by either specifying an exact number, or a variable number (i.e., a minimum and a maximum), of Directors(section (9)(1)(e) of the Act).

Who is eligible to become a Director?

Only natural pPersons (i.e., individuals) or Bodies Corporate (i.e., Companies) are eligible to be directors of a company (section 64(2) of the Act). Not all natural persons, though, may become Directors. In fact, there are certain persons who are prohibited from becoming Directors, namely:

  1. persons under 18 years of age;
  2. persons who have been declared mentally ill by a court in Trinidad and Tobago, under the Mental Health Act; and
  3. persons who have undischarged bankrupts, having been adjudged or declared bankrupt according to law in Trinidad and Tobago or elsewhere (section 68(1) of the Act).
When should notice be given of the appointment of the first Directors of a Company?

At the time of delivering articles of incorporation of the Company to the Registrar of Companies, the incorporator must also submit a completed Notice of Directors (Form 8), indicating the names of the directors (section 71(1) of the Act).

When should notice be given of a Change of Directors?

A Company must notify the Registrar of Companies, within one month after a person is appointed as, or ceases to be, a Director by submitting a completed Notice of Change of Directors Form No.8, indicating the change(sections 79(1), 178(4)(a) of the Act).

Who can sign this form?
  • The Notice of Directors form showing the appointment of the first Board of Directors must be signed by the incorporator of the Company.
  • The Notice of Change of Directors form showing a change among its Directors must be signed by a Director or an authorized officer of the Company.

Note: Where a Director resigns, the resigning Director cannot sign the Notice of Change of Directors form. However, if the resigning Director is also an authorized officer of the same Company, he can sign the form in that capacity.

What are the fees for filing the Notice of Directors or Notice of Change of Directors?

Filing Fees: Forty (40) TT dollars.

Are the Notice of Directors and Notice of Change of Directors filed on the same form?

Yes, you are required to appropriately complete Form 8 i.e., whether for first Directors or Change of Directors.

What are the penalties for late filing?

Where a person or Company fails to deliver the Notice of Change of Directors form within the stipulated time, the Registrar of Companies is entitled to collect from that person or Company a penalty of three hundred (300) TT dollars for every month, or part thereof, that the Notice remains outstanding (section 516 of the Act, as amended by the Finance Act No. 2 of 2013).

Who is a Secretary?

The Secretary (also called a Company Secretary) is an officer of the Company, who is responsible for implementing the decisions and directives of the Directors. The Secretary also maintains the corporate records of the Company, arranges its meetings and is also responsible for ensuring that the Company is in compliance with statutory requirements, e.g., the filing of documents with the Registrar of Companies.

Are Companies required to have Secretaries?

Yes, every Company must have at least one Secretary. It may also have one or more Assistant Secretaries, if it so desires. (section61 (1) of the Act).

Who can be a Secretary?

Any individual, Body Corporate or Firm can be a Secretary of a Company. However, the Secretary or Assistant Secretary of a Public Company must be a person who:

  1. on the commencement date of the Act (i.e., 15th April, 1997), held the office of Secretary, Assistant Secretary or Deputy Secretary of a Public Company;
    • for at least three years of the five years immediately preceding his appointment as Secretary, held the office of Secretary of a Public Company;
    • is a member in good standing of the Institute of Chartered Accountants of Trinidad and Tobago, the Association of Chartered Secretaries and Administrators of Trinidad and Tobago or the Chartered Institute of Public Finance and Accountancy;
    • is an attorney-at-law; or
    • by virtue of his holding or having held any other position or having been a member of any other body, appears to be capable of discharging the functions of a Secretary of a Public Company(section 63(2) of the Act).

The Secretary of a Private Company needs no formal qualifications.

Who can appoint a Secretary and/or Assistant Secretary?

The Secretary and/or Assistant Secretary is/are appointed by the Directors of the Company, or in accordance with its bye laws (section 61(2) of the Act).

When must Secretary(ies) be appointed?

The Company should appoint a Secretary and/ or Assistant Secretary(ies) as promptly as possible after incorporation, as it is an offence for a Company to carry on business for more than one(1) month without making such an appointment(section 61(2) of the Act).

Must the Registrar of Companies be informed of the appointment of a Secretary?

Yes, the Company must notify the Registrar of the appointment of a Secretary or Assistant Secretary.

When must the Company notify the Registrar of Companies of such appointment?

The Company is required to notify the Registrar of the appointment of a Secretary or Assistant Secretary within one (1) month after a person becomes the Secretary or Assistant Secretary by submitting to the Registrar a completed Notice of Secretary Form 27(section 178(4)(b) of the Act).

Must the Registrar of Companies be informed where there are changes in Secretary?

Yes, the Company must submit to the Registrar of Companies a Notice of Change of Secretary Form 27 within one(1) month of a person being appointed, or ceasing to act, as Secretary or Assistant Secretary(section 178(4)(c) of the Act).

Who can sign the notice of appointment or removal of a Secretary?

The Notice of Secretary or the Notice of Change of Secretary must be signed by a Director or an Authorized Officer. Note: Where a Secretary or Assistant Secretary resigns, the resigning Secretary or Assistant Secretary cannot sign the Notice of Change of Secretary form. However, if the resigning Secretary/Assistant Secretary is also an authorized officer of the Company, he or she may sign the Notice in that capacity.

Are the Notice of Secretary and Notice of Change of Secretary filed on the same form?

Yes, Form 27 is used to notify the appointment of the first Secretary after incorporation and any subsequent changes of Secretary, as appropriate.

What are the filing fees for Notice of Secretary or Notice of Change of Secretary?

Filing fees: Forty(40) TT dollars.

What are the penalties for late filing?

Where a person or Company fails to deliver to or file with the Registrar of Companies the Notice of Secretary or Notice of Change of Secretary within the stipulated time, that person or Company is liable to a penalty of three hundred (300) TT dollars for every month, or part thereof, that the document remains undelivered or unfiled (section 516 of the Companies Act (as amended by section 16(e) of the Finance Act No. 2 of 2013)). The Registrar of Companies has no discretion under the law to waive penalties.

Annual Return

What is an Annual Return?

An Annual Return is a document which Companies registered or incorporated under the Companies Act, ('the Act'), are required to file with the Companies Registry once a year. It contains information concerning the directors, secretaries, registered address, shareholders, members, certain company debts and other critical data pertaining to the company.

There are three types of Annual Returns, those:

  • for companies for profit;
  • for non- profit companies; and
  • for external companies (companies which are incorporated outside of Trinidad and Tobago and which set up business in Trinidad and Tobago).

Annual Returns are not to be confused with Income Tax and Corporation Tax Returns, which are filed with the Board of Inland Revenue.

When must a company file an Annual Return?

A company/external company must file an Annual Return not later than thirty (30) days after the anniversary date of its incorporation or registration under the Companies Act.

For example, “30th December” is the anniversary date of incorporation of a company incorporated on 30th December,2016,and that company is required to file an Annual Return, in conformity with the above-mentioned time period, for each succeeding year, for as long as it is in existence.

Who can sign an Annual Return?

A director or an authorised officer of the company must sign an Annual Return, and, in the case of an external company, either a director or an authorised officer of the external company or an attorney of the said company, appointed pursuant to section 323(1) of the Companies Act.

How does a company file an Annual Return?

The company must complete and file in duplicate, a Form 28 (for profit company), a Form 29 (non-profit company) or Form 23 (external company), as applicable.

What are the fees for filing of Annual Returns?

Filing Fees: $40.00

What are the penalties for late filing of an Annual Return?

A responsible person or a company failing to file an Annual Return within the stipulated time is liable to a penalty of three hundred(300) dollars for every month, or part thereof that the Return remains outstanding (Section 516(as amended)).

Where/How can I file my Company’s Annual Returns?

To file annual returns please see here.

Do I have to file Form 45 and how do I file the respective Form?

If there are Shareholders in a Company, Form 45 must be filed.

For detailed guidelines on Form 45, please follow this link

Amalgamation

What is an Amalgamation?

An amalgamation is a process by which two or more companies, including holding and subsidiary companies, may merge and continue as one company.

Are there different types of amalgamation?

Yes, under the Companies Act, there are the following types:

  • Vertical short-form amalgamation- where a holding company and one or more of its wholly – owned subsidiary companies amalgamate and continue as one company.
  • Horizontal short-form amalgamation - where two or more wholly-owned subsidiary companies of the same holding body corporate amalgamate and continue as one company.
What are the documents which must be filed when amalgamating two or more companies?

The following documents, together with the relevant fees, must be filed with the Registrar:

  • Articles of Amalgamation Form 14;
  • Statutory Declaration of a director or authorized officer of each amalgamating company;
  • Notice of Directors Form 8, and,
  • Notice of Address Form 4

Where the amalgamation is being effected under section 222 of the Act, the Articles must be accompanied by a copy of the amalgamation agreement and a copy of the required special resolution of the shareholders of each amalgamating company.

Where the amalgamation is effected under section 223 or 224 of the Act, the Articles must be accompanied by a copy of the required directors’ resolution of each amalgamating company.

Note:

the foregoing is intended to provide an overview only of the nature and process of amalgamation. It is strongly recommended that you seek legal and other relevant advice from a professional when considering, or undertaking, amalgamation. Registrar General Personnel cannot provide legal advice.

NON-PROFIT COMPANIES INCORPORATED UNDER THE COMPANIES ACT CH 81:01

Non-Profit Companies

What is a non-profit company?

It is an association formed to conduct business in the name of the association for the attainment of some useful object without gain to its members; all moneys, revenues remaining after expenses must be used in the furtherance of the objects of the association. Further, a non-profit company is one without share capital (section 4 of the Companies Act, 'the Act').

What types of non-profit companies are there?

Limited by Guarantee – where members of the company guarantee to pay a nominal amount in the event of a winding up of the company

Not limited by Guarantee – where the members of the company do not guarantee to pay a nominal amount, and in the event of a winding up of the company, each member will be

How many people may incorporate a non-profit company?

A minimum of three persons must incorporate a non- profit company by signing the articles of incorporation as first directors; (a non-profit company must have no fewer than three directors (section 310(1) of the Act)).

These persons:-

  • Must not be younger than 18 years of age;
  • Must not be mentally ill, and
  • Must not be undischarged bankrupts under the laws of Trinidad and Tobago or elsewhere (section 8(2) of the Act).
What are the formalities for incorporating a non – profit company?

First, the articles of incorporation of a non-profit company must receive the prior approval of the Registrar of Companies (Section 308(1) of the Act). A draft of such articles must first be submitted to the Registrar.

What requirements must a company meet in order to qualify for approval as a non – profit company?

In order to qualify for such approval, a non-profit company must restrict its business to one that is, for example, of a religious, patriotic, philanthropic, charitable, educational, scientific literary, historical, artistic, social, professional, fraternal, sporting or athletic nature, or some other useful object or activity (section 308(2) of the Act).

Are there any restrictions on the name which a non – profit company may carry?

Pursuant to section 493 of the Act, the Registrar of Companies cannot approve and reserve a prospective company name that is:-

for example, the same as, or similar to, the name of a previously incorporated company or registered business name, or registered trademark (or famous trade-mark); a geographic name used alone; a name which suggests or implies a connection with, or sponsorship or endorsement by, the State, Government, a Government Ministry, Department unless written consent from the appropriate Minister of Government is obtained, and The name must be distinctive, must not cause confusion with any existing name and must not be prohibited or misleading.

In addition, please note that the words mentioned hereunder must be justified and/or consent from the appropriate person or organization obtained, before they can be used as part of a company name:

  • National.
  • International.
  • Institute.
  • Bank.
  • Commonwealth.
  • Caricom.

Generally, names which suggest or imply a connection with individuals (including famous individuals) or institutions or companies will not be approved unless the appropriate written consents and/or justifications are produced to the Registrar of Companies.

Names containing words such as “Credit Union”, “Co-operative”, “Co-op”, or “Trade Union” are prohibited for the purpose of registering/incorporating a Credit Union, Co-operative Society, or a Trade Union.

Names containing words or phrases which are obscene or which suggest activities which are scandalous, obscene, or immoral shall generally be refused by the Registrar of Companies.

What is an external company?

External Companies are companies which are incorporated under the laws of a country other than Trinidad and Tobago (section 4 of the Companies Act).

Must an external company be registered under the Companies Act?

Only if it establishes a place of business within Trinidad and Tobago, or if it establishes or uses a share transfer or share registration office in Trinidad and Tobago (section 317 of the Act).

What is the time limit for an external company which establishes a place of business within the country to register under the Act?

An external company establishing a place of business must register within fourteen (14) days from the date of such establishment (section 318 of the Act).

How can I register my Company?

To Register a Company, these are the following steps:

Step 1: Application
  • To access the Single Electronic Window (SEW System), an applicant must first obtain a ttconnect identification number and sign up on TTBizLink for the relevant e-service he/she wishes to use, such as the Company Registration e-service. He/she can then also apply for a TTBizLink ID.
  • Following approval for Name Reservation via the TTBizLink website (www.ttbizlink.gov.tt), the Applicant then completes and submits the relevant Registration of Business or Incorporation of Company online form.
Step 2: Processing
  • The submitted application will go through the various levels of approval at the Registrar General’s Department to ensure compliance with established criteria.
Step 3: Approval
  • The Applicant will be informed via e-mail whether the application has been approved or rejected.
  • Once approved, the Applicant will receive an e-mail detailing the fee that must be paid and other relevant guidelines needed for obtaining the printed Certificate.

    Please follow these guidelines carefully.

    The applicable payment can be made either in cash at the Registrar General’s Department or using a subscription account, if the applicant has one. A subscription account can also be created via this process. If a subscription account is being used, the deduction will be an automatic one once the relevant information for the deduction has been entered on the electronic application form in the relevant field.

  • The printed Certificate is to be collected from the Registrar General’s Department. It can be collected at once if payment is made via a subscription account or at the time of payment if using cash. This link provides additional information:

What options do I have to make payments for the name approval/ reservation and Incorporation of a Company? Can I pay with my credit card or visa debit card?

The payment options for the name approval/ reservation and Incorporation of a Company are as follows:

  • For walk in service please select "Payment for Business Registrations, Name Approvals & Incorporation of Companies", and then proceed. On the date of your appointment please walk with a printout of the acknowledgement letter and duplicate copies of the forms submitted online.
  • The E-Payment Online Service is available for our Companies Registry (Name Search/Name Reservation, Business Registration, Incorporation for a Limited/Unlimited Liability Company (Profit/Non Profit), Return of Beneficial Ownership, Non-Profit Organisation).

    Please use the following link

  • The subscription payment can be used as well.

How do I set up a Subscription account?

An account can be created by following the steps below. Your account operates as a debit account. Each time you use the service to access the electronic databases your account will be debited for the prescribed fees.

  • Visit our Companies Online Registry at our Head Office, Port of Spain (no appointment is required).
  • A minimum subscription fee of TT$500.00 is to be paid to the Companies Registry Cashier.
  • You will be given a receipt bearing a user name and password.
  • You will be advised to return with relevant documents to be submitted for our files.

EXTERNAL COMPANIES REGISTERED UNDER THE COMPANIES ACT CH 81:01

External Company

What is an External Company?

An External Company is an incorporated body (or body corporate) which is formed under the laws of a country other than Trinidad and Tobago.

Should an External Company register in Trinidad and Tobago?

An External Company must register with the Registrar of Companies within fourteen (14) days of establishing a place of business in Trinidad and Tobago; it is not required to be registered otherwise.

What are the requirements for the registration of an External Company?

Please see here

Are there any documents which an External Company must file after registration?

Yes, after registration an External Company must file with the Registrar of Companies an Annual Return Form 23. When must an External Company file its Annual Return? An External Company must file its Annual Return with the Registrar of Companies not later than thirty days after the anniversary date of its registration.

Is an External Company required to inform the Registrar of Companies of changes to its structure, etc.?

Yes, an External Company is obliged to notify the Registrar when:

  1. The name of the company has been changed;
  2. The corporate instruments of the company have been altered, or
  3. The objects of the company have been altered or its business has been restricted;
  4. There have been changes among its directors.
What is the procedure for notifying the Registrar of Companies of any changes in terms of 1, 2 and 3 above?

The Company must lodge with the Registrar of Companies duly certified copies of the instruments by which the change has been made certified in accordance with section 318(2)(a) of the Companies Act.

How must the Registrar of Companies be notified of changes in terms of 4?

The Company must notify the Registrar of Companies of changes among its directors on the Return (Form 38), accompanied by the prescribed fees.

When should the Registrar of Companies be notified about any of the above-mentioned changes?

The Registrar of Companies must be notified of the relevant change within 30 days of its occurrence.

How does an External Company notify the Registrar of Companies that it has ceased business in Trinidad and Tobago?

The External Company shall file with the Registrar of Companies a notice to that effect.

Note:

The foregoing is intended to provide an overview only of the nature of External Companies and the process of registering them. It is strongly recommended that you retain the services of an attorney-at-law or other relevant professional when registering an External Company. Registrar General personnel cannot provide legal advice.

NON-PROFIT ORGANISATIONS REGISTERED UNDER THE NON-PROFIT ORGANISATIONS ACT 2019

Non-Profit Organisations

Is there any specific legislation governing the non-profit organisations sector in Trinidad and Tobago?

The Non-Profit Organisations Act, 2019 (“NPO Act”), which came into operation on 14th June 2019, governs the registration and supervision of non-profit organisations (“NPO’s”) in Trinidad and Tobago.

What is considered an NPO under the NPO Act?

The NPO Act section 3 gives the following definition of an NPO:

“A body of persons, whether incorporated or unincorporated, which-

  • is established primarily for the promotion of a patriotic, religious, philanthropic, charitable, educational, cultural, scientific, literary, historical, artistic, social, professional, fraternal, sporting or athletic purpose, or some other useful object and raises or disburses funds for that purpose or object;
  • carries on its business without pecuniary gain to its members or officers except as reasonable compensation for services rendered; and
  • restricts the use of any of its profits or other accretions to the promotion of its purpose or object;”

If I want to operate an NPO in Trinidad and Tobago what do I need to know?

The NPO Act section 5 states that no person is permitted to operate an NPO in Trinidad and Tobago unless the NPO is registered under that Act.

How do I register a NPO?

Please see here

Is anyone exempted from the requirement to be registered?

A society registered under the Friendly Societies Act, Ch. 32:50, is exempt (section 5(5) of the NPO Act).

Are non-profit companies incorporated under the Companies Act, Ch. 81:01 also required to register under the Non-Profit Organisations Act, 2019?

The NPO Act states that an NPO incorporated under the Companies Act, Ch. 81:01, is deemed to be registered as an NPO under the NPO Act and therefore is not required to apply to be registered.

If non-profit companies are deemed to be registered are there any documents to be submitted to the Registrar General?

Yes, a non-profit company incorporated under the Companies Act, Ch. 81:01 must submit:

  1. where the non-profit company is exempt from corporation tax under section 6(1) of the Corporation Tax Act Ch. 75:02, a copy of the letter of approval of exemption;
  2. where the non-profit company was incorporated prior to the NPO Act coming into operation, a completed AML/CFT/PF Risk Assessment Questionnaire within twelve months of the commencement of the Act; and
  3. though already deemed to be registered, the non-profit company is requested to submit:
    • a completed registration form;
    • a copy of the Certificate of Incorporation/Continuance, its constitution, if any, and by-laws if they were not already submitted to the Registrar General; and
    • a copy of photo identification of the controller of the NPO (National ID or Passport only).
What about unincorporated bodies and non-profit companies incorporated by Act of Parliament?

In the case of an unincorporated body of persons or a non-profit company incorporated by an Act of Parliament, which falls within the definition of an NPO, the controller must apply to the Registrar General to be registered as a non-profit organisation by submitting the following:

  1. a completed registration form containing-
    • the name, address, telephone number and e-mail address of the NPO;
    • the declared purposes and activities of the NPO; and
    • the name, occupation, address, telephone number and e-mail address of each person who is a controller of the NPO;
  2. a completed AML/CFT/PF Risk Assessment Questionnaire;
  3. copies of the constituent documents of the NPO;
  4. a copy of photo identification of the controller of the NPO (national ID or passport only): and
  5. the application fee of $100.00 (non-refundable).
Who is the controller of an NPO?

The NPO Act gives the following definition of “controller” at section 3:

“a person who has the control or management of an NPO and includes –

  • a director of a non-profit company, where the NPO is established as a non-profit company;
  • a trustee of a trust, where the NPO is established as a trust;
  • a person responsible for the management or administration of an unincorporated body, where the non-profit organisation is established as an unincorporated body;
  • a senior officer of the NPO; or
  • a person not specified in paragraphs (a) to (d) where the NPO is owned, controlled or managed by that person;”
What if the NPO was operating before the commencement of the NPO Act?

An NPO, other than a non-profit company, which was in operation immediately before the date of commencement of the NPO Act, may continue to carry out its activities and, has eighteen months from the date of commencement of the Act to apply to be registered as an NPO.

Where the NPO is exempt from corporation tax under section 6(1) of the Corporation Tax Act, Ch. 75:02, the NPO must provide the Registrar General with a copy of the letter of approval of the exemption granted by the Minister responsible for finance.

What happens after the documents are submitted to the Registrar General?

The Registrar General shall:

  1. within thirty (30) business days, determine whether the application for registration should be approved or rejected; and
  2. issue to the NPO a Certificate of Non-Profit Organisation Registration, if the application is approved.
For how long is the Certificate of Non-Profit Organisation Registration valid?

The Certificate of Non-Profit Organisation Registration is valid for five (5) years.

How is the NPO registration renewed?

To renew an NPO registration, complete the renewal form no later than one (1) month after the expiration date then proceed to pay the fixed fee.

For what reasons may the Registrar General refuse to register or renew the registration of an NPO?

The Registrar General may refuse to register or renew an NPO if:

  1. the applicant does not qualify to be an NPO within the definition under the NPO Act;
  2. the information contained in the application for registration is incorrect or incomplete;
  3. the NPO is a designated individual or entity under section 22B of the Anti-Terrorism Act or any order made under section 4 of the Economic Sanctions Act;
  4. a person named as a controller is disqualified under section 20;
  5. the name of the NPO –
    • is the same or similar to a name of a registered NPO, any other person, association, partnership, firm, or any registered trade mark or any well-known trade mark as determined under section 13A of the Trade Marks Act and the use of that name would be likely to confuse or mislead, unless the NPO, person, association, partnership or firm consents in writing to the use of that name in whole or in part;
    • is primarily a geographic name used alone unless the applicant establishes to the satisfaction of the Registrar General that the name has, through use, acquired and continues to have a secondary meaning;
    • suggests or implies a connection with the State, or the Government or of any ministry, department, branch, bureau, service, agency or activity of the Government, unless consent in writing to the proposed name is duly obtained from the appropriate Minister;
    • contains the word or words “credit union”, “co-operative”, or “co-op” when it connotes a co-operative venture;
    • suggests or implies a connection with a university or a professional association recognised by the laws of Trinidad and Tobago unless the university or professional association concerned consents in writing to the use of the proposed name;
    • is a name, in the opinion of the Registrar General, for any reason, objectionable; or
    • having been previously registered under the NPO Act, the registration of the NPO has been cancelled.
What happens if an application for registration or renewal is refused?

  1. The Registrar General must, within 14 days of the refusal, issue a notice to the applicant providing written reasons for the refusal.
  2. Upon receipt of the notice the applicant may, within 30 days of the date of the notice, provide written reasons to the Registrar General why his application should be approved; and
  3. The Registrar General must determine whether to grant the registration or uphold the refusal and issue a notice to the applicant accordingly.
What is required to be done if there are changes to the particulars submitted for registration of the NPO?

The controller of the NPO must notify the Registrar General, in the prescribed form, of the change in the particulars within thirty days of the change.

Are there any other obligations to be fulfilled by the controller of the NPO?

  1. A controller of an NPO shall ensure that proper financial accounts and records of the following are kept:
    • all sums of cash received and expended and the matters in respect of which the receipt and expenditure relate;
    • all gifts, sales and purchases of property;
    • all sums of cash raised through fundraising;
    • non-monetary transactions as may be prescribed by Regulations;
    • all assets and liabilities; and
    • any other matter that may be prescribed by Regulations.
  2. A controller of an NPO shall ensure that the financial accounts and records show and detail all the transactions of the NPO and disclose at any time, with accuracy, its financial position.
  3. A controller of an NPO with a gross annual income exceeding ten million dollars, which is required to have its financial accounts and records audited, shall submit the audit report to the Registrar General when requested by the Registrar General.
  4. A controller of an NPO shall ensure that records of the following are kept for a period of six years:
    • its purposes and activities;
    • the identity of the controllers, senior officers, directors and trustees of the non-profit organisation; and
    • the source of its gross annual income.
Do the financial accounts and records of the NPO need to be audited?

Only an NPO with a gross annual income exceeding ten million dollars must, annually, have its financial accounts and records audited and reported on, in accordance with IFRS, by a qualified auditor.

Are Members of the Public Permitted to Search the Register of NPOs?

A person who has paid the prescribed fee may examine, make copies of or extract from the register during normal business hours.

What information will be included in the register?

The register shall include the following information with respect to an NPO:

  1. its name, address, telephone number and e-mail address;
  2. its purpose and activities;
  3. the name, occupation and address of each person who is a controller of the NPO;
  4. the date of its registration as an NPO, the date of its renewal of registration, and if applicable, the date on which its registration was cancelled; and
  5. such other information as prescribed.
Are there any offences for which the controller or the NPO may be held liable?

The offences provisions under the NPO Act are not yet in operation.

Can an NPO Surrender its registration?

  1. An NPO which wishes to voluntarily surrender its registration as an NPO may do so by notifying the Registrar General in writing.
  2. An NPO which is no longer in operation must also notify the Registrar General of this in writing.
Can the NPO registration be cancelled for any reason?

The Registrar General may cancel the registration of an NPO if:

  1. the NPO failed, without reasonable cause –
    • to keep proper financial accounts and records as prescribed; or
    • to submit audited financial accounts and records as prescribed;
  2. it is proven in Court that the NPO breached a duty owed to itself or any of its contributors;
  3. it is proven in Court that the NPO committed a criminal offence which carries a penalty of a term of imprisonment of three years or more;
  4. the NPO is found guilty of an offence under the Proceeds of Crime Act Ch. 11:27, Anti-Terrorism Act, Ch. 12:07, Financial Intelligence Unit of Trinidad and Tobago Act, Ch72:01, or any other written law by which the recommendations of the Financial Action Task Force are implemented;
  5. the NPO is a designated individual or entity under section 22B of the Anti-Terrorism Act, Ch. 12:07 or any order made under section 4 of the Economic Sanctions Act, Ch. 81:05;
  6. the NPO is struck off the Companies register under section 461 or 489 of the Companies Act, Ch. 81:01; or
  7. on the recommendation of the Regulator.

NEWSPAPERS REGISTERED UNDER THE NEWSPAPERS ACT CH 20:01

Newspapers

What is a Newspaper?

The definition of “newspaper” in the Newspapers Act, ('the Act'), is a very wide one and includes just about every type of publication “published for sale, distribution or other purpose in parts or numbers at intervals not exceeding one hundred days” (section 2 of the Act). However, for example, the Trinidad and Tobago Gazette, documents printed by the Government Printer or published by Government authority and programmes, notices or printed matter comprised solely or principally of genuine advertisements are all excluded from the definition of “newspaper”.

Who can register a Newspaper?

All persons (inclusive of corporate persons or companies), who print and /or publish a newspaper as defined by the Act. As stated above, the definition is quite wide so that most publishers will be required by law to register.

I have heard mention made of a “BOND” in connection with newspapers. What is that?

The Act requires the execution of a bond in favor of the State in the sum of one thousand dollars ($1,000.00) in a case where a newspaper is published at intervals not exceeding twenty-six days (Section 6 of the Act). The bond is executed by the proprietor, printer and publisher of the newspaper and is required for the purpose of securing penalties incurred in respect of proceedings initiated for blasphemous or seditious or other types of libel, and damages and costs in respect of successful libel actions brought in the courts.

I understand a “statutory declaration” is also required. Can you explain?

A statutory declaration is required to be filed with the Registrar General before a newspaper may be printed or published (section 3 of the Act).

Who is required to make the statutory declaration?

“The statutory declaration shall be made and signed by every person named therein as proprietor or printer, or publisher of the newspaper to which it relates and shall set out:-

  • The correct title or name of the newspaper;
  • The true description of the house or building wherein the newspaper is intended to be printed and also of the house or building wherein it is intended to be published; and
  • The true names and places of abode of every person who is intended to be the proprietor, printer or publisher of the newspaper” (section 4 of the Act) .
N.B.:

A company which is the proprietor, printer or publisher of a newspaper must prepare its statutory declaration and bond(where applicable) in conformity with the provisions of section 11 of the Act.

What documents are required for registration of the newspaper?

A letter issued by the Registrar, indicating approval of the name selected for the newspaper, the statutory declaration mentioned above, and the bond required by section 6 of the Act(if applicable). Please see here

Is a certificate of registration of the newspaper issued?

No.There is no certificate provided for by the Act. However, a letter of confirmation of registration is issued by the Registrar upon written request. Please note that the Registrar shall query your application if there are there are irregularities in the registration documents and that, until the queries are settled, no letter of confirmation of registration will be issued.

Must I have any information in the newspaper when I print and publish it?

Yes, you are required to print at “the foot of the last page of every newspaper and of every supplement issued therewith…the first name and surname, occupation and place of abode of its proprietor, printer and publisher and in the case of a company its corporate name and also a true description of the house or building wherein it is actually printed and published, respectively, and at some place in the newspaper the day of the week, month and year on which it is published”(section 13(1) of the Act).

Must I file any documents after registration with the Registrar?

Yes. You must submit to the Registrar “within six days after each publication of the newspaper one copy of that newspaper free of cost, with the name and place of abode of the printer or publisher thereof signed and written thereon by his proper hand and in his accustomed manner of signing, or by some person appointed and authorised by him for that purpose, of whose appointment and authority notice in writing signed by the printer or publisher has been delivered at the office of the Registrar General”(section 14(1) of the Act).

You are also required to file a new statutory declaration whenever any the particulars in the existing one change (section 5), and a new bond whenever the existing one becomes void (section 10 of the Act); sections 8 and 9 of the Act deal with the circumstances under which a bond may become void.

Finally, the proprietor and publisher of a newspaper are required to file “in the month of January in every year’ a return (an Annual Return) containing the following information:

  1. The title of the newspaper;
  2. The names of all the proprietors of the newspaper with their respective occupations, places of business, if any, places of abode, and
  3. The yearly circulation for the previous calendar year ending on the 31st of December (section 15(1) of the Act).
Any other information?

Yes. It is strongly recommended that you seek appropriate professional advice should you consider it to be necessary, particularly where you are required to prepare a bond. There are penalties prescribed by the Act for various infractions, e.g., for printing, publishing, selling or distributing a newspaper in violation of the provisions of the Act (section 12), failure to deliver signed copies of the newspaper in the manner directed by the Act(section 14(2), and making false or defective statutory declarations(section 18).

N.B.:

The Newspapers Act was enacted in 1935, well before the advent of online newspapers; you should seek legal advice as to whether or not an online newspaper falls within the definition of “newspaper” under section 2 of the Act.

The Registrar General cannot provide legal advice with respect to the registration (and related matters) of your newspaper.

COMPANIES REGISTRY ONLINE SYSTEM (CROS)

Registering for a Companies Registry Account (CRA)

What is the first step to accessing the new Companies Registry Online System (CROS)?

To access CROS the first step is to register for a Companies Registry Account (CRA).

Who must be registered for a CRA?

  • Each of the following persons must register with CROS:
    • whose name is on a record maintained by the Companies Registry;
    • who proposes to incorporate a profit or non-profit company;
    • who proposes to register a business name, non-profit organisation or external company;
    • who intends to use CROS.

Who must apply for registration of a CRA?

  • Individuals (living persons)
  • Companies Incorporated by Act of Parliament
  • Corporation Sole

Who must apply for registration of a CRA on behalf of a Company Incorporated by Act of Parliament?

Any director, manager, officer or trustee of the company, with an individual CRA, may apply.

Who must apply for registration of a CRA on behalf of a Corporation Sole?

The person in the office of Corporation Sole must apply, after obtaining an individual CRA.

How does a Company incorporated under the Companies Act, Ch. 81:01, obtain a CRA?

A director or the secretary of the company, with an individual CRA, must login to CROS and follow the prompts.

How does an External Company obtain a CRA?

  • A director of an external company registered under the Companies Act, Ch. 81:01, with an individual CRA, must login to CROS and follow the prompts.
  • A director of an external company not registered under the Companies Act, Ch. 81:01, with an individual CRA, must submit a request in writing to the Companies Registry.

How does a firm/partnership registered under the Registration of Business Names Act, Ch. 82:85 obtain a CRA?

A partner of a firm/partnership, with an individual CRA, must login to CROS and follow the prompts.

Does an unincorporated Non-Profit Organisation, registered under the Non-Profit Organisations Act, 2019, need a CRA?

No, there is no need for an unincorporated Non-Profit Organisation to obtain a CRA.

What is the purpose of registering for a CRA?

  • The identity of each individual applying for a CRA is verified.
  • An electronic identity for each individual and company registered is created.
  • An Account PIN for each CRA is generated.

How will an individual’s identity be verified?

  • Nationals of Trinidad and Tobago
    • The individual’s birth record must be identified in the Register of Births;
    • The individual’s name must be confirmed in two forms of identification;
    • The individual’s change of name must be evidenced by relevant documentation;
    • The individual’s existence as a living person must be confirmed through the Register of Deaths;
    • The individual’s physical appearance must be verified by a photograph of the individual's face, with a Photo ID of the individual held beside the individual's face.
  • Non-nationals
    • The individual’s name must be confirmed in two forms of identification;
    • The individual’s change of name must be evidenced by relevant documentation;
    • The individual’s physical appearance must be verified by a photograph of the individual's face, with a Photo ID of the individual held beside the individual's face.

What does it mean to create an electronic identity?

All information in CROS verified to be that of a particular individual, company or non-profit organisation are linked to a unique identifier which, when used in relation to any transaction being conducted in CROS, will identify that particular individual, company or non-profit organisation as the party to the transaction.

What is an Account PIN?

  • The unique identifier issued to each individual, company or non-profit organization creating an electronic identity.
  • The product to be used by a signatory to sign in electronic form.
  • The product to be used to add or remove a person from a company, business or non-profit organisation record.

Is an Account PIN the same as a Birth PIN?

No, the Account PIN is a new and unique number generated in CROS, to be used only for accessing services in CROS.

Are there persons with whom an Account PIN must be shared?

No, an Account PIN should not be shared with anyone.

Accessing and Using a CRA

Are all CRAs accessible for conducting transactions?

No, only the Individual CRA can be accessed and used to conduct transactions

What are the login credentials for the Individual CRA?

  • Username – the individual’s e-mail address
  • Password –
    1. First login: the one-time password provided by CROS
    2. Subsequent login: the new password set by the individual

For what transactions must the Individual CRA be used?

  • Indicate Associations
  • Appoint Agents/Agencies
  • Submit electronic forms in the roles of Individual, Director, Secretary, Controller or Agent
  • Manage and top up the individual’s and the company’s payment accounts
  • Pay fees, charges or levies

Creating a CRA for a Company incorporated by Act of Parliament/Corporation Sole

What information must be provided to create a CRA for a Company Incorporated by Act of Parliament or a Corporation Sole?

  • Name of the entity
  • Name and Account PIN for each director/manager/officer/trustee of the entity
  • Name and Account PIN for the person occupying the office of Corporation Sole
  • Name of the contact person for the entity
  • Telephone number for the entity
  • Current, postal and e-mail addresses for the entity

Is evidence of the incorporation of the entity required?

Yes, a document which evidences the incorporation of the entity must be uploaded to the application, e.g. the Act of Parliament by which the company was incorporated.

Is evidence of the appointment of each director/manager/officer/trustee of the entity required?

Yes, a document evidencing the appointment of each director/manager/officer/trustee of the entity must be uploaded to the application, e.g. a letter from the entity.

Is evidence of the appointment of the person occupying the office of Corporation Sole required?

Yes, a document evidencing the appointment must be uploaded to the application.

Which individual’s identity document must be uploaded to the application?

  • Only the contact person for the entity is required to upload his birth certificate and two forms of photo identification to the application.
  • The others named in the application would already have uploaded their identity documents, when they applied for their own individual CRAs, accordingly, they are not required to upload them again.

Creating a CRA for an Individual

What information must be provided by an individual to create a CRA?

  • Birth PIN (applicable to nationals of Trinidad and Tobago only)
  • Full name and any former name
  • Nationality
  • Date of birth
  • Occupation
  • Phone number
  • E-mail address
  • Current address and postal address

What documentation must be provided in support of the application?

  • Copy of the individual’s birth certificate (both nationals and non-nationals)
  • Two forms of identification as follows:
    • Photograph of one form of identification, which is a Photo ID, held beside the individual’s face (headshots only and the information on the identity document must be clearly visible); and
    • Copy of the second form of identification.

What information/documentation must be provided when an individual’s birth name changed prior to registration?

  • The former name and/or surname
  • The date of the change
  • The document by which the change was effected, e.g. deed poll, marriage certificate

Why must a national of Trinidad and Tobago provide the birth PIN?

This information is required for identifying the individual’s birth record in the Register of Births.

Establishing an Association

Who is required to establish an association?

  • Individual
  • Company Incorporated by Act of Parliament
  • Corporation Sole

What type of association must be established?

Where an individual, Company Incorporated by Act of Parliament or Corporation Sole holds any of the following roles, in a company incorporated under the Companies Act, Ch. 81:01 or a business registered under the Registration of Business Names Act Ch. 82:85, that association must be indicated:

  • Director
  • Secretary
  • Owner
  • Partner
  • Controller
  • Shareholder
  • Beneficiary

Where an individual, Company Incorporated under the Companies Act, Ch. 81:01, External Company, Company Incorporated by Act of Parliament or Corporation Sole intends to hold any of the following roles, in a company incorporated under the Companies Act, Ch. 81:01 or a business registered under the Registration of Business Names Act Ch. 82:85, that association must be indicated:

  • Director
  • Secretary
  • Partner
  • Controller

How is an association established?

  • With an existing company or business

    When an individual, company incorporated by Act of Parliament or Corporation Sole provides the Company or Business Identifier of the company or business they are associated with, and this information is verified by the Companies Registry, an association is established.

  • With a proposed company or business

    Where an individual, Company Incorporated under the Companies Act, Ch. 81:01, External Company, Company Incorporated by Act of Parliament or Corporation Sole provides the name reservation reference number they are associated with an association is established.

When should the association be established?

At the time of applying for the Individual CRA and Company Incorporated by Act of Parliament\Corporation Sole CRA. After obtaining a CRA.

How is an association established after obtaining a CRA?

  • Individual - By the individual logging into the CRA, selecting the role of Individual, visiting the My Account page and clicking on the “Associations” tab.
  • Company - Incorporated by Act of Parliament or Corporation Sole - By the company or business, with which it is associated, adding the Company Incorporated by Act of Parliament or Corporation Sole directly to the record of the respective company or business.

Why is it necessary to establish an association?

To enable the Account PIN of the particular individual, Company Incorporated by Act of Parliament or Corporation Sole to be added to the record of the respective company or business.

To enable an individual to use their Account PIN to transact business in CROS on behalf of the respective company or business.

What might prevent an association from being established by the Companies Registry?

Where the individual, Company Incorporated by Act of Parliament or Corporation Sole, seeking to establish an association, does not appear on the record maintained by the Companies Registry for the respective company or business, the association cannot be established.

What happens when an individual, Company Incorporated by Act of Parliament or Corporation Sole ceases to function in the role identified when establishing the association?

  • Upon the filing of a notice/statement of change:
    • the Account PIN, of the individual, Company Incorporated by Act of Parliament or Corporation Sole, will automatically cease to be associated with the record maintained by the Companies Registry for the respective company or business;
    • the individual will no longer be permitted to transact business in CROS on behalf of the company or business.

Use of an Electronic Signature

Must the forms submitted electronically in CROS be printed and signed with a handwritten/wet signature?

  • No, CROS is a paperless system which:
    • eliminates the use of paper forms for incorporation and registration processes (except where required by law); and
    • adds the electronic signature of a signatory to the electronic form.

How will a signatory’s electronic signature be added to an electronic form in CROS?

  • CROS will automatically add the electronic signature of the signatory logged in to CROS to conduct the particular transaction.
  • Where required, CROS will add the electronic signature of the person identified as signatory.

By what means will a person be identified as the signatory?

By adding the surname/company name and Account PIN of the person to the electronic form.

Who can be a signatory to each of the following electronic forms?

  • Incorporation documents
    • Individual
    • Company incorporated under the Companies Act, Ch. 81:01
    • External Company registered under the Companies Act, Ch. 81:01
  • Post incorporation documents
    • Director who is an individual
    • Secretary who is an individual
    • Authorised Officer who is an individual
  • Application for Registration of an External Company
    • Director who is an individual
    • Attorney-at-law
  • Post External Company registration documents
    • Director who is an individual
  • Application for registration of a Non-Profit Organisation
    • Controller
  • Application for registration of a Firm/Partnership
    • Individual
    • Company incorporated under the Companies Act, Ch. 81:01
    • External Company registered under the Companies Act, Ch. 81:01

What will an electronic signature look like?

The individual’s first initial and surname, e.g. the signature for John Doe will appear as “J. Doe”.