At a glance

The Companies Registry currently charges TT$20 to reserve an individual/firm business name and TT$25 to reserve a company name. It publishes a three-working-day processing time. An approved reservation lasts 45 days, during which the registration or incorporation must be completed.

Start with the CROS search, but understand what the search can and cannot prove

The Registry recommends using the CROS Search Facility before filing a reservation. The search can reveal obvious conflicts with existing registered names. It is a preliminary check, not an advance approval from the Registrar.

The Registrar still assesses whether the proposed name is available, suitable, misleading, prohibited or too similar to an existing business name, company name or trademark.

Business-name and company-name reservation have different current fees

For an individual/sole trader or partnership/firm, the Registry currently lists a TT$20 name-reservation fee. For a profit company, the current reservation fee is TT$25.

The Registry publishes the same three-working-day processing time for both routes. After processing, the decision can be approval, query or rejection.

Approval gives you 45 days, not permanent ownership of the name

An approved reservation is valid for 45 days. The business registration or company incorporation needs to be completed before that reservation expires.

The 45-day period should therefore be treated as a filing window. For a company, make sure directors, incorporators and other formation participants have functioning CRAs and are ready to grant approvals before the window runs down.

Why a name can be rejected or queried

The Registry FAQ identifies several categories of problematic names. A proposed name can fail because it is the same as or too similar to an existing business, company or trademark; because it is prohibited or misleading; because it consists entirely of general words without an established basis; or because it improperly suggests a connection with Government, an institution or another person.

Company names must also comply with company-name rules, including the required ending such as “Limited” or “Ltd.” where applicable.

Certain words can require justification or consent

The Registry FAQ identifies words such as “National”, “International”, “Institute”, “Bank”, “Commonwealth” and “Caricom” as examples that may need justification and/or the appropriate consent before use.

A name that implies sponsorship by Government or another institution can also require written consent. If the commercial brand depends on a restricted or sensitive word, resolve the consent issue before building signage, packaging or advertising around it.

Do not launch publicly under a proposed name before approval

The Companies Registry strongly advises applicants not to use the proposed name before receiving the Certificate of Registration or Incorporation. A preliminary search is not a licence to commit money to a name.

That means domain purchases and low-cost preparatory work can be sensible, but major branding, printed inventory, leases or public launch commitments should account for the risk that the name could be queried or rejected.

Prepare more than one serious name choice

A useful backup list is not “Name 1, Name 1 TT, Name 1 Trinidad”. Those variants can share the same underlying conflict. Prepare genuinely distinctive alternatives that still fit the brand.

Check similaritySearch CROS for close spellings, abbreviations and phonetic similarities.
Check meaningAvoid wording that misstates the activity or implies official status without basis.
Check restricted wordsIdentify whether consent or justification may be needed before paying the reservation fee.
Check commercial fitMake sure the name can still support the brand, domain and future services if approved.

What to do if the Registrar sends a query

A query means the Registry needs further information or clarification. Respond to the exact issue raised and provide the requested supporting information. Do not treat a query as the same thing as rejection.

A rejection means the proposed name did not meet the availability/suitability requirements; the Registry guidance says a new reservation application and fee are then required.

Move straight into the correct registration route after approval

Once the name is approved, an individual/sole trader proceeds to the business-name registration, while a profit company proceeds through CROS approvals and incorporation.

BizReg supports both Sole Trader Registration and Limited Company Registration. If the people involved still need Registry accounts, add CRA Registration Support before the approved name window becomes a deadline problem.

Questions people ask

How much does a business-name reservation cost?

The Registry currently lists TT$20 for an individual/firm business-name reservation.

How much does a company-name reservation cost?

The current company-name reservation fee is TT$25.

How long does a name reservation take?

The Registry publishes a processing time of three working days for the reservation request.

How long is an approved name reserved?

An approved reservation is valid for 45 days.

References

Requirements can change. Check these references for current details.

  1. Companies Registry — Register a Business Name
  2. Companies Registry — Incorporating a Profit Company
  3. Companies Registry — FAQs: Choosing a Business or Company Name
  4. Companies Registry — CROS Approvals
Important: This guide is general information for Trinidad and Tobago. It is not legal, tax, accounting, lending or investment advice. Where a decision depends on your circumstances, obtain advice from the appropriate qualified professional or the relevant authority.