At a glance

For an individual/sole-trader business name, the Registry currently lists TT$20 for name reservation and TT$220 for the registration application. For a profit company, it lists TT$25 for company-name reservation and TT$520 for incorporation. These are government filing fees. BizReg professional service fees are separate.

Start by separating government fees from professional fees

A recurring source of confusion is seeing a price for “business registration” and assuming the entire amount goes to the Government. The Companies Registry publishes its own filing fees. BizReg charges separately for professional administrative support, preparation, coordination and client service.

CRA cost transparency

The Registrar General's public advisory says there is no fee to register for CROS and the CRA application itself has no government cost. BizReg's TTD $350 CRA Registration Support fee is a professional assistance fee for each applicant, not a government CRA fee.

Current Registry fees for a sole trader business name

The Companies Registry's current business-name guide lists a TT$20 fee for the name reservation and a TT$220 fee for the application to register a business name by an individual. The approved reservation lasts 45 days.

That means the currently published Registry fees for the core sole-trader name reservation and registration total TT$240, assuming one successful name reservation and no extra filings or reapplications.

BizReg's Sole Trader Registration Support starts at TTD $650. Government charges and disbursements are separate unless the written scope says otherwise.

Current Registry fees for a profit company

The Companies Registry currently lists TT$25 for a company name reservation and TT$520 for the profit-company incorporation application. The approved company name is reserved for 45 days.

The currently published Registry fees for those two core steps therefore total TT$545, before any post-incorporation filings, reapplications, late penalties or additional services.

BizReg's Limited Liability Company Registration Support starts at TTD $1,500, separate from government charges unless expressly included in the written scope.

What can make the final amount higher

  • A name is rejected and a new reservation application is required.
  • The business or company needs a change filing, cessation, additional certificate or post-incorporation notice.
  • Late company filings attract penalties.
  • The client adds CRA support for multiple directors/incorporators.
  • The business needs BIR/PAYE, NIS, a stamp, bank projections or other post-registration work.
  • Legal, accounting, tax or sector-licensing services are needed from other professionals.

BizReg add-on pricing currently published

ServiceBizReg feeHow it is priced
CRA Registration SupportTTD $350Per applicant / seat
Self-Inking Company StampTTD $400Per stamp
Three-Year Cash Flow + Opening LetterTTD $1,500Per package
BIR & PAYE SupportTTD $400Per service order
NIS Employer Registration SupportTTD $400Per service order

Use the BizReg pricing page as the current source for BizReg fees.

Do not budget registration without budgeting what comes next

A company owner who budgets only the incorporation fee can still be surprised by bank documentation, tax registrations, NIS, annual returns or professional accounting. A sole trader can also incur ongoing tax, payroll and banking costs.

Use the post-registration checklist to build a more realistic first-year budget.

How to compare service providers fairly

When comparing registration firms, ask whether the advertised price includes Registry fees, whether CRA support is included for all required people, how queries are handled, whether certificate collection/delivery is included, and what happens if a name is rejected.

A lower headline fee is not automatically a lower final cost. What matters is the written scope, the government disbursements, the number of applicants and what support is provided when the application is queried.

Questions people ask

How much are the government fees to register a sole trader business name?

The Companies Registry currently publishes TT$20 for name reservation and TT$220 for the individual business-name registration application.

How much are the core government fees to incorporate a profit company?

The Registry currently publishes TT$25 for company-name reservation and TT$520 for the incorporation application.

Does the Government charge TT$350 for a CRA?

No. The Registrar General's public advisory says the CRA/CROS registration itself has no government fee. TTD $350 is BizReg's professional CRA assistance fee per applicant.

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. Registrar General — CROS Registration Public Advisory
  4. Companies Registry — Annual Returns
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.