The Business Licensing Unit of the Ministry of Finance, Trade and Investment is undertaking an exercise to update its database to reflect all current business licence holders.
To facilitate the process, the Unit is appealing to business owners and operators who are currently operating WITHOUT a valid business licence, to visit one of the Business Unit’s offices on either Providenciales or Grand Turk to regularise their status.
The Business Licensing Unit advises that applications to regularise the status of a business MUST be completed no later than October 4, 2013. Applicants MUST ensure that they are in good standing by paying all arrears, fees and charges associated with their operations. Individuals whose businesses have ceased operations MUST advise the Business License Unit of the date of cessation.
Any business that has not been brought up-to-date will be struck off the database effective October 7, 2013, and will be subject to enforcement action including legal proceedings.
This is the final request: Failure to comply with this request will result in legal proceedings against all businesses that are operating without a valid business licence.
For clarification or additional information, contact the Revenue department by phone or email.