Search results for : business licences
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The Department of Inland Revenue (CRA) reminds the public that fines and penalties are now being imposed as a result of the July 2015 amendment to the Business Licence Act.
The public is reminded that the deadline for the submission of all 2016 business licence renewal applications was January 31st, 2016. Renewal applications should have been submitted by this time to avoid the late application penalty of $100. Businesses should settle licence fees by March 31, 2016 to avoid the late payment penalty.
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 ...
By ALISON LOWE
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 ...
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...
The Department of Inland Revenue reminds the public that Business Licence Regulation No 5 was amended in July 2015.
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...
By NEIL HARTNELL
Tribune Business Editor
and TANEKA THOMPSON
Tribune Staff Reporter
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...
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...