Tag: Trade and Business Licensing
Minister aims for business compliance
(CNS Business): Starting this month, the Department of Commerce and Investment will be clamping down on rogue businesses who have not paid for their trade and business licences or who are not compliant with the other laws. Commerce Minister Wayne Panton said he wants to see a level playing field in the local business environment. […]
New Year fines for owners who fail to renew TBLs
(CNS Business): Owners who are operating businesses using expired licences will be subject to fines under the Trade and Business Licensing Law (TBL) in the New Year, the Department of Commerce and Investment has warned. Government will be clamping down in January and businesses owners who allow their licences to expire without renewing on a […]
DCI to send T&B licences via email
(CNS): The Department of Commerce and Investment (DCI) said that is has begun issuing business licences electronically to improve the licensing process. Against the backdrop of growing complaints that the new regime, which has more checks and balances in the system, has become extremely bureaucratic, officials said this week that there were more improvements in the pipeline. Commerce […]
Street vendors get short reprieve ahead of fines
(CNS Business): Local tradespeople who have been selling souvenirs, coconuts or fruit, or renting beach chairs or snorkel kits without a trade and business licence on the streets of George Town, along Seven Mile Beach and at the West Bay dock have been given one more month to comply with the law before government starts […]
Police train trade officer with new powers
(CNS Business): Under new legislation dealing with the local business environment, the Department of Commerce and Investment’s trade officers now have the same powers as police constables and have therefore been training with the RCIPS to learn what it takes to enforce local laws before they go out into the community and start issuing fines […]
Business owners warned over new fines
(CNS Business): Owners who breach business licence requirements risk receiving tickets for fines from $100 to $2,500 now that the new trade and business license law has come into effect, officials from the ministry of commerce have warned. The amended legislation includes penalties that will be levied on business owners who commit offences ranging from failing […]
Business law to create equity for local commerce
(CNS): Revisions to the Trade and Business Licensing Law passed in the Legislative Assembly almost a year ago are expected to create a fairer environment for local commerce and increase compliance when the legislation is finally implemented next month. The main goal is to curtail illegal vending and make compliance easier, so the law offers […]
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