Last Updated: Sunday 3rd September, 2023
Contracts are essential in both personal and business transactions, serving as legally binding agreements that outline the rights and responsibilities of the parties involved. Generally, Trinidad and Tobago law imposes no formal requirements and looks simply for an agreement between two parties. Consequently, contracts generally do not have to be put into writing, or be signed, nor does any particular form of words have to be used. However, it is important to recognise that omitting these elements can complicate the determination of whether an agreement exists and its associated terms.
To ensure the validity of your contract under Trinidad and Tobago law, it's crucial to consider key elements and factors. This guide aims to walk you through the steps to make a legally valid contract in Trinidad and Tobago.
Last Updated: Saturday 4th November, 2023
We encourage our clients to ensure their businesses are fully compliant under the laws of Trinidad and Tobago; this includes meeting company filing requirements at the Companies Registry and meeting tax requirements at the Board of Inland Revenue. Presently, there are amnesties at both the Companies Registry at the Ministry of the Attorney General and Legal Affairs and at the Board of Inland Revenue at the Ministry of Finance. These amnesties give businesses and individuals the chance to submit late filings without having to pay any accompanying late fees or penalties.
Any person who wishes to start and run a business in Trinidad and Tobago should have the business registered – especially if the business is going to be run using a name other than his or her own. So how do you register a business in T&T?
A partnership is a business structure that involves two or more persons going into business together with a view of making a profit.
You’ve decided to register a company but you’re not exactly sure where to begin. What does having a company mean? Are there different types? Are there restrictions on the names the company can have?...
Here are 17 things you should know before registering a company in T&T:
Once you have successfully registered a company you are required to file annual returns at the Companies Registry every year. But what exactly are annual returns?
We've all noticed those "NO REFUND, NO EXCHANGE" signs in some stores in T&T. Or, we've seen it printed on the receipts we've received after we've made a purchase. But have you ever wondered if these policies are legal?