is to be used for applications for Approved Small Business
Status under the Small Business Development Act.
required to be sent to the Minister of Commerce, Consumer
Affairs and Business Development pursuant to the Act must
confirm with Section 4 of the Act. Where any provision required
to be set out is too long for the space provided on the form,
the form may incorporate the provisions by annexing a schedule
in the manner described in regulation 35 of the regulations
of the companies Act of Barbados.
Set out the full legal name of the Company
State the Company Number
Set out in full the main types of business being carried on
or to be carried on in accordance with activities listed in
the First Schedule of the Act.
Principal place of business relates to the address where business
is actually being conducted. Set out in full the location
of the principal place of business including the street address
and if in a multi-office building, the room number.
Set out in full the location of the registered officer including
the street address and if in a multi-office building, the
room number. If the registered office is the same as the principal
place of business as in Item 4, state "same as above".
of Documents: Please
note that documents may be sent to or served upon the company
at its registered office.
State the number of directors. With respect to each director:
out the first given name and family name but give an initial
for the middle name.
full residential address.
occupation clearly, e.g. manager, farmer. mechanic.
any former names and specify whether Christian or Surname.
Bracket the one that applies.
clearly any other business occupation.
The information at item 6 with respect to Directors applies
with respect to the information to be provided fro shareholders.
the actual or estimated dollar value of investment in plant
State the number of employees or the anticipated or estimated
numbers to be employed.
With respect to companies that are exporting, state the percentage
(%) level of exports of total annual production and provide
the associated dollar ($) amount of foreign exchange earnings
State the names of all other companies in which the shareholders
and directors of the applicant company hold shares or directorships
and the extent of the shareholding.
State date of commencement of the business or the proposed
date of start up.
copy of the Approved Small Business Application Form can be
downloaded in Microsoft Word Format.