Search results for : business licences
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By ALISON LOWE
The Ministry of Finance is "reasonably satisfied with progress being made" at the Business License Unit, although admitting that a "three-week backlog of around 300 applications" currently remains.
Minister of State for Finance, Zhivargo Laing, said late last week that the unit has "processed and completed about 10,000 applications" for b...
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.
By ALISON LOWE
The Bahamian Contractors Association's (BCA), which had hoped to receive word from government on concerns raised about the proposed hike in their business license fees, are still awaiting the Ingraham administration's "judgment" on the matter.
Larger contractors, in particular, had expressed anxiety about the Government's proposal to incr...
By ALISON LOWE
A backlog in the processing of business license applications at the Business License Unit within the Ministry of Finance has been largely resolved, according to a senior official, with everyone who applied for a license expected to have been processed by the end of this week.
Athena Marche, Deputy Controller of Inland Revenue with responsi...
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 ...
THE Government intends to adopt a "much stricter and stronger enforcement than in times past" of rules relating to Business Licence infractions, the Minister of State for Finance has confirmed.
Zhivargo Laing said: "In too many instances businesses are creating nuisances in too many communities, as there are far too many people who think nothing of operating without a license or ignoring what t...
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.
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...
By K. NANCOO-RUSSELL
Freeport News Reporter
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 ...
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...