Search results for : business licences

Showing 1 to 10 of 199 results


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...

read more »


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 ...

read more »


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...

read more »


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 ...

read more »


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...

read more »


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...

read more »


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...

read more »


News Article

November 04, 2010
New Business Licence Act to take effect January 1

Legislation to strengthen the
domestic business environment went under the microscope during a Town
Meeting on Tuesday hosted by Minister of State in the Ministry of Finance,
Zhivargo Laing. 

Scheduled to come into effect
on January 1, the new Business Licence Act was described as "a pivotal
component of the Government's comprehensive and integrated economic
growth strategy." 

"W...

read more »


News Article

March 19, 2012
Business Licence's real property tax 'tie' questioned

By NEIL HARTNELL

Tribune Business Editor

THE Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman last night questioned whether it was legal for the Government to link Business Licence renewals to full real property tax compliance, warning this could have "a very significant impact" on already-struggling Bahamian companies.

A Ministry of Finance notice, released by Bahamas...

read more »


News Article

December 27, 2010
Contractors still waiting on Business Licence woe

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

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...

read more »