Business Services
Complete solutions for Trinidad businesses
Limited Liability Company Services
Professional LLC registration and compliance solutions tailored for Trinidad businesses
LLC Basic Registration
$1,300
What's Included:
- CROS Account Creation
- Name Search
- Name Reservation (x2 attempts)
- Business Registration
- Notice of Secretary
- Certificate Delivery
LLC Compliance Launch
$1,500
Everything in Basic PLUS:
- BIR Registration
- Digital Company Seal
LLC Pro Launch
$2,000
Everything in Compliance PLUS:
- Bank Account Letter Request
- 3-Year Cash Flow Projection
- Complete bank-ready documentation
LLC Amendment
From $500 (+ gov fees)
Amend:
- Company Name
- Share Structure & Classes
- Director Powers & Restrictions
- Business Activities
- Other provisions as needed
ℹ️ Requirements determined in free consultation
Compare Our LLC Packages
Choose the package that best fits your business needs
| Feature | Basic | Compliance | Pro Launch |
|---|---|---|---|
| CROS Account Creation | |||
| Name Search & Reservation | |||
| Business Registration | |||
| Notice of Secretary | |||
| BIR Registration | |||
| Digital Company Seal | |||
| Bank Account Letter | |||
| 3-Year Cash Flow Projection | |||
| Total Price | $1,300 | $1,500 | $2,000 |
Frequently Asked Questions
The LLC Basic Registration typically takes 1-2 weeks from the time all required documents are submitted. This includes name reservation (1-2 business days) and full registration processing. More comprehensive packages like Pro Launch may take 3-4 weeks due to additional services included.
For each director/shareholder, you'll need: two forms of valid ID, scanned birth certificate, proof of address (utility bill or bank statement), contact information, occupation details, and BIR number. You'll also need to provide proposed business names, nature of business, and share capital structure. We'll guide you through everything during your consultation.
Basic covers essential registration only. Compliance adds BIR registration and your company seal. Pro Launch is our most comprehensive package, adding bank-ready documentation (account letter and 3-year cash flow projection) so you can open your business bank account immediately after registration.
Yes, non-citizens can register an LLC in Trinidad and Tobago. However, foreign shareholders are limited to controlling a maximum of 40% of the total shares. The remaining 60% must be held by Trinidad and Tobago citizens. Contact us to discuss your specific situation during a free consultation.
Sole Trader Services
Simple, affordable business registration for individual entrepreneurs
Sole Trader Basic
$650
What's Included:
- CROS Account Creation
- Name Search
- Name Reservation (x2 attempts)
- Business Registration
- Certificate of Registration
- Delivery
Sole Trader Business Ready
$950
Everything in Basic PLUS:
- Bank Account Request Letter
- 3-Year Cash Flow Projection
- Complete bank-ready package
Convert Sole Trader to LLC
$1,450
Complete Conversion Package:
- Notice of Cessation (close sole trader)
- LLC Basic Registration
- All government fees included
- Seamless business transition
ℹ️ Requirements determined in free consultation
Compare Sole Trader Packages
Choose the right level of support for your business
| Feature | Basic | Business Ready |
|---|---|---|
| CROS Account Creation | ||
| Name Search & Reservation | ||
| Business Registration | ||
| Certificate of Registration | ||
| Bank Account Request Letter | ||
| 3-Year Cash Flow Projection | ||
| Total Price | $650 | $950 |
Frequently Asked Questions
A Sole Trader is simpler and cheaper to set up, but you are personally liable for all business debts. An LLC provides limited liability protection, separating your personal assets from business liabilities. LLCs are better for businesses with employees, significant assets, or growth plans.
Start with Sole Trader if you're testing a business idea, operating solo with minimal risk, or want lower setup costs. Choose LLC if you plan to hire employees, need liability protection, want to attract investors, or plan significant growth. We offer free consultations to help you decide.
Yes! Our "Convert to LLC" package handles the entire process. We close your sole trader business (Notice of Cessation) and register your new LLC with the same or similar business name. This typically takes 3-4 weeks and costs $1,450 total.
Partnership Services
Professional partnership registration for business collaborations
Partnership Essentials
$900
What's Included:
- CROS Account Creation (all partners)
- Name Search
- Name Reservation (x2 attempts)
- Partnership Registration
- Certificate of Registration
- Delivery
PartnerBank Package
$1,300
Everything in Essentials PLUS:
- BIR Number for Partnership
- Bank Account Request Letter
- 3-Year Cash Flow Projection
- Complete bank-ready documentation
Compare Partnership Packages
Select the best option for your partnership
| Feature | Essentials | PartnerBank |
|---|---|---|
| CROS Account Creation (All Partners) | ||
| Name Search & Reservation | ||
| Partnership Registration | ||
| Certificate of Registration | ||
| BIR Number | ||
| Bank Account Request Letter | ||
| 3-Year Cash Flow Projection | ||
| Total Price | $900 | $1,300 |
Frequently Asked Questions
A partnership in Trinidad and Tobago can have 2 or more partners. There's no strict maximum limit, but partnerships with many partners may want to consider registering as an LLC for better liability protection and management structure.
Each partner needs to provide: valid government-issued ID (National ID, Passport, or Driver's Permit), residential address with proof of address if not on ID, contact information (email and phone), occupation details, and an authorization letter appointing VirtuForms as your representative.
In a Partnership, all partners are personally liable for business debts and obligations. Your personal assets can be at risk. An LLC provides limited liability protection - the company is a separate legal entity, and your personal assets are generally protected from business liabilities. We recommend free consultation to discuss which structure suits your situation.
Bank Account Services
Professional support for opening your business bank account
Note: These services are for already-registered businesses. If you need business registration, please see our LLC, Sole Trader, or Partnership packages above.
LLC Business Bank Package
$880
Complete Bank Account Support:
- Company Resolution ($300 value)
- Bank Request Letter ($150 value)
- 3-Year Cash Flow Projection ($500 value)
- Liaison with Bank ($150 value)
- Professional formatting & presentation
💰 Save $220 with this package vs individual services
Sole Trader Business Bank Package
$480
Complete Bank Account Support:
- Bank Request Letter ($150 value)
- 3-Year Cash Flow Projection ($300 value)
- Liaison with Bank ($150 value)
- Professional formatting & presentation
💰 Save $120 with this package vs individual services
Individual Bank Services
Need just one service? Purchase them individually
Bank Request Letter
$150
- Professional letter for bank
- Proper formatting
- All required details included
3-Year Cash Flow
(Sole Trader)
$300
- Detailed 3-year projection
- Bank-ready format
- Professional presentation
3-Year Cash Flow
(LLC)
$500
- Comprehensive LLC projection
- Bank-ready format
- Professional presentation
Frequently Asked Questions
Most Trinidad banks require: business registration certificate, bank request letter, 3-year cash flow projection, and company resolution (for LLCs). Requirements vary by bank, but our packages ensure you have everything needed for a smooth account opening process.
We communicate with the bank on your behalf, submit your documentation, follow up on your application status, and address any additional requirements the bank may have. This saves you time and ensures professional presentation of your business to the bank.
Yes! If you already have some bank documents, you can purchase only what you need from our individual services. However, if you need 2 or more services, our packages offer significant savings compared to buying services individually.
Additional Business Services
Essential services for ongoing business compliance and operations
Annual Return
$500
What's Included:
- Form 28 completion
- Government filing ($40 included)
- Submission to Companies Registry
- Confirmation of filing
⚠️ Late fees: $300/month penalty if filed late
BIR Number
$200
What's Included:
- BIR number application
- Form completion & submission
- Confirmation certificate
- No government fees required
CROS Account Recovery
$150
What's Included:
- Password recovery assistance
- Account unlock support
- Liaison with Companies Registry
- Account restoration
ℹ️ Specific requirements determined by issue type
Notice of Cessation
$190
inc. gov fees
What's Included:
- Form 9 completion
- Government filing ($40 included)
- Business closure documentation
- Confirmation of cessation
ℹ️ Additional add-ons available based on business setup
Digital Company Seal
$150
What's Included:
- Professional seal design
- Transparent PNG & JPG files
- High-resolution formats
- Optional: Physical self-inking stamp available
Frequently Asked Questions
Your Annual Return is due on your company's anniversary date each year. For example, if your LLC was incorporated on March 15th, your Annual Return is due by March 15th every year. Late filing incurs a $300/month penalty, so we recommend filing at least 2 weeks before your deadline.
A BIR Number is your unique tax identification number that you obtain once. Tax Returns are annual filings you submit each year reporting your income and taxes. You need a BIR Number before you can file Tax Returns. This service gets you your initial BIR Number.
While not legally required for all businesses, a company seal adds professionalism to your documents and is often expected by banks and some business partners. Our digital seal can be used on electronic documents, contracts, and official correspondence. Physical stamps are available upon request.
Need Help Choosing the Right Service?
Schedule a free consultation with our team to discuss your business needs