People trust us with their dreams.
About us
Strategically positioned, especially during this global financial downturn, BizReg by LaQerr sets out to help business owners and individuals manage their dreams. From the very conception of the idea to the execution of the plan, BizReg by LaQerr hopes to help create sustainable economies and compliant companies, easing you, the stress of business administration and management.
“Everything was built out of nothing, and it was that belief that caused nothing to become some real and tangible”
Kerron-Daniel Ferreira
Promotions
LQ Sole Trader
Perfect for first-time business owners who think they have a practical approach to running a business.
LQ Partnership
Fits new business owners who have an idea and want to do business with a partner, colleague, friend or family.
LQ LLC
Perfect for individuals/companies looking to start small and medium-sized companies with personal assets and liability protection.
LQ Non-Profits
Suitable for individuals/businesses wishing to launch business, such as NGOs, Charities, Trusts, Clubs and Foundations
we are there with you every step of the way!
Our consultants are there for you to ensure that you feel most secure and comfortable. Our aim is to help you accomplish your dreams no matter what it takes. Do you think you have what it takes to be that determined to accomplish your dream?
Why Work With Us?
Apply from Comfort
No need to stand in line, when everything is at your finger tips. Our process is entirely online and you can access our systems from anywhere in the world.
Quick, Easy & Hassle-free
All you need to do is complete our online process, and signed the final drats when generated and that's it. Easy as 1, 2, 3.
Double Checked
Every application is always reviewed and verified before submitting it to the Registrar General - Companies Registry. You can rest assured that all info is 100% accurate as submitted.
Strictly Confidential
Your information is safe with us. Your Items are securely delivered directly to you an authorized person. All your details are kept strictly confidential and legally bound by our Privacy Policy.
Realities
“I used BizReg by LaQerr before we got into Y-combinator and it was a great experience. I was quoted $3k by a local lawyer for the exact same process ”
Rondell Ellis
Business Owner
“If I'd tried to create an NPO 2 years ago, it would have been very time-consuming. BizReg by LaQerr makes the entire online process simple and easy.”
Leslie Ann Doner-Byron
Room Care Manager (Marriott Hotel)
“Great service!! Streamed line as promised. I highly recommend it. I did much research and BizReg by LaQerr is the best and better const to benefit. Thanks a lot!!”
John Jr. Campbell
Pastor
“I was happy to know that there was a company I could trust with my dreams and vision. BizReg by LaQerr not only registered my business but they set me up for the future... Thank you LaQerr”
La-Toya Joseph
Administrator
FAQ
Most frequent questions and answers
It is a legal requirement by the Government of Trinidad & Tobago. Being unregistered prohibits you from growing since you’ll have to avoid being noticed by the Government.
If unregistered, another person can register the name that you operate under and prohibit you from doing further business under that name.
If you trade under a business name that even resembles one that has been registered, expect a “cease and desist” letter from their lawyer.
You should choose a business structure that gives you the right balance of legal protections and benefits.
Common business structures include:
Sole trader
Partnership
Limited Liability Company
Non-profit
Yes, a non-national may register a Company in Trinidad & Tobago, however, the total amount of shares that all foreign shareholders can control is 40%.
There are a few more considerations that our Online Business Registration process takes into account, such as the nationality of the directors, and if the Company wishes to operate as an External Company (see below for definition) etc.
An External Company (also referred to as a Foreign Company) is one that was incorporated outside of Trinidad & Tobago but is allowed to conduct business within Trinidad & Tobago. Non-nationals can also Incorporate a Limited Liability Company that does not operate as a External one.
To access the Single Electronic Window (SEW System), an applicant must first obtain a ttconnect identification number and sign up on TTBizLink for the relevant e-service he/she wishes to use, such as the Company Registration e-service. He/she can then also apply for a TTBizLink ID.
The requirements for registering a Sole Trader Business are:
- A Valid form of ID – Our Online Business Registration process allows you to pair your mobile phone and snap a picture of your ID; alternatively you can scan your IDs with a scanner if you have one, then upload the image.
The requirements for registering a Limited Liability Company are:
- A BIR # for each director
- A Valid form of ID for each director – Our Online Business Registration process allows you to upload a picture of your IDs.
A tax-deductible expense is one that you do not have to pay taxes on. Let’s say for example you’ve made $100,000 dollars. Normally, you’ll have to pay Income Tax on it. If you make a tax-deductible purchase of $20,000, then you’ll only have to pay income tax on $80,000
A Sole Trader business is one that is owned by a single individual, and where the business owner is personally responsible for all debts incurred by the business. Basically, the individual is the business. Many professionals choose to register as a Sole Trader because it is the easiest to manage;. In the United States, a Sole Trader business structure is commonly referred to as Sole Proprietorship.
Some Advantages of a Sole Trader business are:
- Greater flexibility of Management
- Fewer legal controls
- Fewer taxes
- Easy to manage
- Fast decision making
A Sole Trader pays his / her usual taxes – Income Tax, Health Surcharge. If hiring employees, a Sole Trader must also apply for a PAYE number.
A Limited Liability Company is one that offers protection to its owners, commonly referred to as directors, and is incorporated by multiple individuals. The company becomes a legal entity by itself and therefore pays its own taxes seperately from its directors. Being a legal entity also means that its directors cannot be held personally responsible for the company’s debts or liabilities. Think of the Company as its own person.
Limited Liability company names are given the “Ltd” suffix in Trinidad & Tobago. In the United States, the suffix is LLC.
A Breakdown of the phrase: “Limited Liability Company”
| Word | Meaning |
|---|---|
| Limited | A Restriction on something. |
| Liability | Legal Obligations. |
| Company | A business. |
| Therefore, a Limited Liability Company is a business that restricts liabilities. | |
Some Advantages of a Limited Liability Company are:
- Significantly more potential for Growth
- Personal Asset & Liability Protection i.e. You are not personally held liable for issues with the Company’s undertakings
- A more respected entity, especially among other Businesses, the Government and Banks
- More tax breaks
See also Register A Company In Trinidad.
 |  |
|---|---|
| Sole Trader | Limited Liability |
| Single owner | Multiple owners/directors |
| One owner makes all the decisions | Multiple directors share the responsibilities of decision making. |
| Individual owns 100% of the business and keeps all of the profits | Profits are shared amongst all the directors; although profits are usually kept in the Business’ account, and the directors draw a salary. |
| The owner is the Business; they are considered the same entity | The Company is considered to be a seperate entity from the individuals that own it. |
| A Sole Trader company ceases to exist when the owner dies, retires or unregisters the business. | A Limited Liability Company can go on indefinitely and has an operating agreement that makes provisions for continuing the company in the event of an owner’s death, resignation or retirement. |
| The owner’s personal assets are the business’ assets | The owners’ personal assets are protected. The Company has its own assets. |
| No Name Suffix | Company name has an “Ltd” or “Limited” suffix |
That depends on your vision. If you’re a self-employed professional who’s looking for a quick & simple start, then Sole Trader may be your best option.
If you have co-owners / directors in mind that would like to join your business venture; or you plan to own an establishment with employees, then Limited Liability is more conducive to your goals.
Yes. The process involves de-registering the Sole-Trader, while simultaneously applying for a Limited Liability with the same name.
Corporate Secretaries are the Company’s named representative on legal documents, and it is their responsibility to ensure that the company and its directors operate within the law.
Not to be confused with a regular Secretary (Administrative Assistant), the Corporate Secretary or Company Secretary is a senior official (male or female) on the board of a company. He / She is responsible for ensuring that the organisation complies with relevant legislation and regulation, and keeps board members informed of his / her legal responsibilities.
The cost of registering a Business in Trinidad depends on the Business’ Structure i.e. the type of Business that you wish to register (Limited Liability, NGO, Partnership, SoleTrader).
There are various costs associated with the Ministry’s entire Business Registration Process.
- Name Search / Reservation – $25 TTD
- Business Registration (Sole Trader) – $220 TTD
- Business Registration (Partnership) – $220 TTD
- Notice of Address (Ltd) – $40 TTD
- Notice of Directors (Ltd) – $40 TTD
- Notice of Secretary (Ltd) – $40 TTD
- Certificate of Incorporation (Ltd) – $40 TTD
- Articles of Incorporation (Ltd) – $500 TTD
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A Chance to Turn your Idea into a Reality
Many people have trusted BizReg by LaQerr with their dreams and today, that dream is now a reality: Let us make yours too!Â
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