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Phone Surgeon wrote:not sure if this is posted anywhere here but to whoever it concerns
Final amnesty ends March 31st, after which I'm told they going to enforce things drastically as government money low and they looking to get $$$ from wherever possible
one of the fines is $300 PER DAY plus jailtime and 10k fine
so.....get yuh affairs in order ppl
if yuh have old companies that register years ago and you eh taking it on and it just sitting there, time to close it down
you're welcome
The Companies Registry of Trinidad and Tobago has extended the amnesty for the late filing of the below documents to March 31, 2021.
Return of Beneficial Interest in the Shares of a Company
All other time sensitive forms, such as
Annual Returns
Notices of Change of Directors/Secretary/Address of Registered Office
Notice of Execution or Termination of a Unanimous Shareholders Agreement
Articles of Amendment (pertaining to any fundamental changes to the Articles)
Please note that in accordance with the Companies (Amendment) Act, 2019, failure to meet the filing requirement of the Return of Beneficial Interest in the Shares of a Company by the deadline date will result in the company, every director and officer and the shareholder/beneficial owner being liable to a fine of TT$10,000 and 3 years imprisonment, plus TT$300 for each day your documents remain outstanding.
The Beneficial Owner is the natural person who is the ultimate owner of the company, or the natural person who exercises control over the company.
This requirement applies to locally incorporated limited liability companies only (not externally registered companies).
We wish to remind you that, pursuant to the provisions of the Companies Act, 1995, there are certain documents required to be filed within prescribed time frames.
Documents required include but are not limited to the following:
Annual Return – to be filled not later than thirty (30) days after the anniversary date of incorporation, Continuance or Amalgamation – whichever is the latest
Notice of Change of Directors – to be filed within thirty (30) days of change (appointment or resignation)
Notice of Change of Address of Registered Office – to be filed within fifteen (15) days of change
Notice of Change of Secretary or Assistant Secretary – to be filed within thirty (30) days of such change (appointment or resignation)
Notice of Execution or Termination of a Unanimous Shareholders Agreement – to be filed within fifteen (15) days of execution or termination
Articles of Amendment (pertaining to any fundamental changes to the Articles) – to be filed within thirty (30) days of such change.
Penalties for Late Filing
Pursuant to the provisions of the Companies Act, 1995, it is an offence to file statutorily required corporate documents outside of the time prescribed by the Act. The Registrar shall impose a penalty in the sum of $300.00 per month or part thereof for failure to file documents within the prescribed time.
Biz Alert: Companies in Trinidad and Tobago Extension of Amnesty
Mar 16, 2021
Dear Clients and Colleagues,
The Companies Registry of Trinidad and Tobago has extended the amnesty for the late filing of the below documents to June 30, 2021.
Return of Beneficial Interest in the Shares of a Company
All other time-sensitive forms, such as
Annual Returns
Notices of Change of Directors/Secretary/Address of Registered Office
Notice of Execution or Termination of a Unanimous Shareholders Agreement
Articles of Amendment (pertaining to any fundamental changes to the Articles)
If you need assistance completing any of the aforementioned forms, please let us know early as we would need to make appointments to file your documents. We would be pleased to help you.
Please note that in accordance with the Companies (Amendment) Act, 2019, failure to meet the filing requirement of the Return of Beneficial Interest in the Shares of a Company by the deadline date will result in the company, every director and officer, and the shareholder/beneficial owner being liable to a fine of TT$10,000 and 3 years imprisonment, plus TT$300 for each day your documents remain outstanding.
The Beneficial Owner is the natural person who is the ultimate owner of the company, or the natural person who exercises control over the company.
This requirement applies to locally incorporated limited liability companies only (not externally registered companies).
We wish to remind you that, pursuant to the provisions of the Companies Act, 1995, there are certain documents required to be filed within prescribed time frames.
Documents required include but are not limited to the following:
Annual Return – to be filled not later than thirty (30) days after the anniversary date of incorporation, Continuance or Amalgamation – whichever is the latest
Notice of Change of Directors – to be filed within thirty (30) days of change (appointment or resignation)
Notice of Change of Address of Registered Office – to be filed within fifteen (15) days of change
Notice of Change of Secretary or Assistant Secretary – to be filed within thirty (30) days of such change (appointment or resignation)
Notice of Execution or Termination of a Unanimous Shareholders Agreement – to be filed within fifteen (15) days of execution or termination
Articles of Amendment (pertaining to any fundamental changes to the Articles) – to be filed within thirty (30) days of such change.
Penalties for Late Filing
Pursuant to the provisions of the Companies Act, 1995, it is an offence to file statutorily required corporate documents outside of the time prescribed by the Act. The Registrar shall impose a penalty in the sum of $300.00 per month or part thereof for failure to file documents within the prescribed time.
Please contact us if you would like to discuss your business further at +1 868 625 6473 or email us at info@aegistt.com
daring dragoon wrote:is this for sole traders also ? or just llc ? it sounds to be just LLC. any tax or business person out there can clarify ?
pugboy wrote:did he extend amnesty?
jsm1985 wrote:pugboy wrote:did he extend amnesty?
Aug 2 - Dec 2, 2022
dogg wrote:jsm1985 wrote:pugboy wrote:did he extend amnesty?
Aug 2 - Dec 2, 2022
An acquaintance hasn't filed any company documents for about 5 yrs now. Company owing over $100g in unpaid taxes.
Guy put my name as a director. I've had zero involvement in business.
Company is not functional.
How bad can it get in that situation?
dogg wrote:An acquaintance hasn't filed any company documents for about 5 yrs now. Company owing over $100g in unpaid taxes.
Guy put my name as a director. I've had zero involvement in business.
Company is not functional.
How bad can it get in that situation?
pugboy wrote:so it is a company which is operating and has paid taxes etc before ?
In my case I just have a name registered but company never operated or issued shares
was told they would treat it as a defunct company and I have seen notices in the papers every few years where the list the companies listed as defunct and struck off the company register.
I doubt they would do that to companies which were known to be operating and have filed taxes etc before.dogg wrote:An acquaintance hasn't filed any company documents for about 5 yrs now. Company owing over $100g in unpaid taxes.
Guy put my name as a director. I've had zero involvement in business.
Company is not functional.
How bad can it get in that situation?
Dave wrote:You can't but you are not alone and they know this.
An extension is in the air.
No problem.. always here.Chimera wrote:a lil extension to december would be nice
dave i feel i hadda check yuh to do some accounting work for me
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