Search results for : business licences

Showing 1 to 10 of 184 results


News Article

January 24, 2011
Medical facilities 'may have case' for Business Licence recovery

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

A Bahamian accountant yesterday suggested that private hospitals and medical clinics may have been incorrectly required to pay Business Licence fees, amounting to hundreds of thousands of dollars, for decades.

Theofanis Cochinamogulos, managing partner of Cochinamogulos and Co, a chartered accountancy and management consultancy firm, told ...

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News Article

July 26, 2010
Business Licence Bill Debate contribution by Prime Minister Hubert Ingraham

Nassau, Bahamas - Enclosed is a

Contribution by Prime Minister the Rt. Hon. Hubert Ingraham.

Since returning to office in 2007, my
Government has remained steadfastly committed to strengthening the domestic
business environment. Our
overriding objective in doing so is to facilitate the creation of new
businesses and the expansion of existing ones, both of which are vital to
securing growing empl...

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News Article
Business Licence reform prompts calls for 'relief'
October 21, 2010
Business Licence reform prompts calls for 'relief'

Bahamian businessmen have expressed concern and ire over the Government's decision to adjust the calculation of Business Licence fees through a method which "does not take account of the cost of producing revenue".

Several private sector figures, at a forum held by the Ministry of Finance on Wednesday evening, suggested that if the calculation of their business license fees were to shift from b...

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News Article

August 18, 2010
Business Licence reforms designed as 'tax neutral'

By NEIL HARTNELL

Tribune Business Editor

THE Government's Business Licence Act reforms were intended to be "tax neutral", Tribune Business was told yesterday, as Bahamian Contractors Association (BCA) representatives left a meeting with a key government minister "comfortably satisfied" that their concerns over a 50 per cent increase in Business Licence fee had been heard.

Stephen Wrinkle, the B...

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News Article
Business Licence Renewals Due
March 19, 2015
Business Licence Renewals Due

Business owners are advised that the deadline to submit their application to renew their business licences has past...

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News Article

November 04, 2010
'Huge uncertainty' for Private Sector over Business Licence Reforms

CONCERNS that the Government's Business Licence reforms were causing the private sector "a great magnitude of uncertainty" were raised yesterday, one attorney telling Tribune Business that the ability to suspend or revoke a firm's licence "for other good cause" was too vague, especially in the absence of a clearly defined appeals process.

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News Article

January 17, 2011
Govt 'nets' 300k through Business Licence reforms

By NEIL HARTNELL

Tribune Business Editor

and TANEKA THOMPSON

Tribune Staff Reporter

tthompson@tribunemedia.net

The Government is expecting to earn a net $300,000 revenue increase from reforms to the Business Licence Act and its taxes, a government minister said yesterday, confirming that the rates for industries such as construction and the hotels had been adjusted downwards by 0.25 percentag...

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News Article

January 06, 2011
Business Licence Act 2010 - Press release by The Ministry of Finance

The Ministry of
Finance advises the public that the new Business Licence Act 2010 took
effect on January 1, 2011.  All businesses operating within The Bahamas
must register under this new Act by March 31st, 2011. 

Applications
must be made at the Business License Offices in New Providence, Grand
Bahama, Abaco and Exuma or at the Office of the Island Administrator in
all other isla...

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News Article

October 14, 2010
Ministry hosting forum on Business Licence Act

By K. NANCOO-RUSSELL
Freeport News Reporter
krystal@nasguard.com
Concerns members of the business community may have surrounding the new Business Licence Act, including questions about a new business licence fee schedule, will be addressed on Wednesday, October 20, during an open forum beng hosted by the Ministry of Finance and the Business Licence Valuation Unit. The event will take place at the ...

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News Article

January 06, 2011
Business licence registration forms available online

The heavily-debated new Business Licence Act is finally here, with the Ministry of Finance sending out a reminder that registration forms for businesses can now be obtained online.

“The Ministry of Finance advises the public that the new Business Licence Act 2010 took effect on January 1, 2011,” said a statement sent to Guardian Business yesterday. “All businesses operating within The Bahamas ...

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