Small Business Development Regulations, 2008 (S.I. No. 5 of 2008)

6. Fees Schedules SCHEDULEr Prescribed Activities SCHEDULE II Forms SCHEDULE III Documents and Particulars SCHEDULEN Fees The Small Business Development Regulations, 2008. 4 2008No. 5 2008No.5 5 The Small Business Development Regulations, 2008. ANTIGUA AND BARBUDA THE SMALL BUSINESS DEVELOPMENT REGULATIONS, 2008 2008 No.5 THE SMALL BUSINESS DEVELOPMENT REGULATIONS, 2008 made in exercise of the pow- ers contained in section 16 of the Small Business Development Act, 2007.

1. Short title These Regulations may be cited as the Small Business Development Regulations, 2008.

2. Interpretation In these Regulations "the principal Act" means the Small Business Development Act, 2007.

3. Prescribed activities The prescribed activities referred to in subsection 4(1) and paragraph 4(4) (b) ofthe principal Act are the activities listed in Schedule I.

4. Prescribed forms and particulars (I) The prescribed form for subsection 4(2) of the principal Act is the one set out in Form I of Schedule II and the prescribed documents are those listed in Schedule Ill. (2) The particulars to be entered by the Registrar in the Register of Small Businesses under para- graph 5(2)(c) ofthe principal Act are the particulars listed in Part 2 ofSchedule Ill. (3) The prescribed form of certificate of registration issued by the Registrar under subsection 5(3) of the principal Act is that set out in Form 2 of Schedule II. (4) The prescribed form of statement of changes to the particulars of an approved small business under section 6 of the principal Act is that set out in Form 3 of Schedule II. (5) The prescribed form of application for a concession under subsection 7(1) of the principal Act is that set out in Form 4 of Schedule II.

5. Technical assistance The prescribed technical assistance that may be provided by a designated body under section 9 of the principal Act is The Small Business Development Regulations, 2008. 6 2008 No. 5 (a) the development of produets design; (b) the development of package and label designs; (c) the provision of assistance in the development and maintenance of quality control; (d) the provision of marketing assistance for the local and export market; (e) the provision of assistance to businesses seeking to participate in overseas trade shows; (j) the preparation of business plans to facilitate the initial financing and managment of the business; (g) the financing of feasibility studies relating to the development of new businesses or products; (h) the provision of assistance in managerial, accounting or budgetary analysis; or (i) the provision of assistance in general or production management.

6. Fees The fees payable under sections 5 and 6 of the principal Act are the fees specified in Schedule tV Made the 16th day of January, 2008 Minister ofFinar.ce and the Economy.

SCHEDULE I Prescribed Activities I. Agriculture, Forestry and related service activities. 2. Arts and cultural activities. 3. Construction services. 4. Entertainment services 5. Financial services. 6. Fishing, operation of fish hatcheries and fish farms and service activities incidental to fishing. 7. Health care services. 8. Hotel and restaurant and other tourism related services. 2008 No. 5 7 The Small Business Development Regulations, 2008. 9. Manufacturing 10. Personal care services. II. Real estate, renting and other related business services. 12. Repair of personal and household goods and vehicles. 13. Sanitation, sewage and refuse disposal services. 14. Sporting and recreational services. 15. Transport, storage and communication services. 16. Wholesale and retail trade. 17. Information and communication technology services. 18. Education and human resource development services. 19. Consultancy services. SCHEDULE n Forms FORMl APPLICATION FOR APPROVED SMALL BUSINESS STAWS 1. Name (including the trading name ofbusiness) _ 2. Company Incorporation or Certificate ofRegistration No: ~ ~_ 3. Type ofbusiness: _ 4. Address of principal place of business: _ 5. Address of principal or registered office of company: _ 6. DIRECTORS (ifa registered company) FIRST DIRECTOR: (i) Name {First, Middle and Sumame): _ (ii) Residential Address: _ The Small Business Development Regulations. 2008. 8 2008 No. 5 (iii) Occupation: _ (iv) Any former Christian or surname: _ (v) Any other business or occupation: _ (vi) Present nationality: _ (vii) Nationality of Origin: _ (viii) Signature: _ SECOND DIRECTOR: (i) Name (First, Middle and Sumame): _ (ii) Residential Address: _ (iii) Occupation: _ (iv) Any former Christian or sumame: _ (v) Any other business or occupation: _ (vi) Present nationality: _ (vii) National of Origin: _ (viii) Signature THIRD DIRECTOR: (i) Name (First, Middle and Sumame): _ (ii) Residential Address: (iii) Occupation: _ (iv) Any former Christian or sumame: _ 2008 No. 5 9 The Small Business Development Regulations. 2008. (v) Any other business or occupation: _ (vi) Present nationality: (vii) Nationality of Origin: __~ _ (viii) Signature:_~ _ Continue details of any further directors on a separate sheet to be attached to this form 7. SHAREHOLDERS/OWNERSIPARTNERS First Shareholder/Owner/Partner: (i) Name (First, Middle and Surname): _ (ii) Residential Address: ~ _ (iii) Occupation: ~ ~ (iv) Any former Christian or surname: ~~ _ (v) Any other business or occupation:__ _ ~ ~~ _ (vi) Present nationality: . . _ (vii) Nationality of Origin: ~ . ~ . ~_ (viii) Percentage of Shares/Ownership: ._.__ ~ _ (ix) Percentage interest in other businesses or companies: ~ _ (x) Signature: ~ ._. . ~ ~. _ Second Shareholder/Owner/Partner: (i) Name (First, Middle and Surname): . (ii) Residential Address: __ ~ _... _ (iii) Occupation: . ~ ~ .~ _ The Small Business Development Regulations, 2008. 10 2008No. 5 (iv) Any former Christian or sumame: _ (v) Any other business or occupation: _ (vi) Present nationality: _ (vii) Nationality of Origin: _ (viii) Percentage of Shares/Ownership: _ (ix) Percentage interest in other businesses or companies: __ (x) Signature: _ Third Shareholder/OwnerlPartner: (i) Name (First, Middle and Sumame): _ (ii) Residential Address: _ (iii) Occupation: _ (iv) Any former Christian or sumame: _ (v) Any other business or occupation: _ (vi) Present nationality: _ (vii) Nationality of Origin: _ (viii) Percentage of Shares/Ownership: _ (ix) Percentage interest in other businesses or companies: _ (x) Signature: _ Continue details of any further ShareholdersiOwnerslPartners on a separate sheet to be attached to this form ll. Existing or Estimate Capital Investment _ 9. Existing or Estimate TotalAnnual Income _ 2008 No.5 11 The SmallBusiness Development Regulations, 2008. 10. Number of persons employed or to be employed: _ II. Particulars of: (i) Level of exports: _ (ii) Foreign exchange eamings/savings: _ 12. Date of commencement of business, or date on which the business is likely to commence: Signed OwneriPartneriDirector/Secretary Statutory Declaration I, hereby declare on oath that the information contained in the above form is true and correct to the best of my knowledge, information and belief OwnerlPartnerfDirector/Secretary Sworn before me at On the day of 20 Justice ofthe Peace The Small Business Development Regulations, 2008. 12 2008NO.5 Form 2 CERTIFICATION OF REGISTRATION 1. Name (including the trading name ofbusiness) ._.. __..__ ._ 2. Company Incorporation or Certificate of Registration No: _ 3. Small Business Registration No.: ~ I hereby certify that the above named Small Business was registered under the Small Business Devel- opmentAct, 2007 on the day of 200 - - _ .. _ . - - -_ .. _ .. _-- __ . ..•. '-'-'-' Registrar ofIntellectual Property and Commerce Form 3 STATEMENT OF CHANGE To the Antigua and Barbuda Investment Authority: In accordance with s. 6( 1) of the Small Business Development Act, 2007, I/we hereby give you notice of the followmg change which has taken place m the particulars supplied to you at the time of the application for approved small business status. (Please fill in particulars of change as required or indicate "not applicable ") 1. Name (inculding the trading name of business) . _ 2 Company Incorporation or Certificate of Registration No.: _ 3. Type of business: _ 4. Address of pI incipal place of business. ~ _ 5. Address of principal or registered office of company: 2008 No. 5 13 The Small Business Development Regulations, 2008. 6. DIRECTORS (Ifa registered company) (i) Name (First, Middle and Sumame): _ (ii) Residential Address: _ (iii) Occupation: (iv) Any former Christian or sumame: _ (v) Any other business or occupation: _ (vi) Present nationality: _ (vii) Nationality of Origin: _ (viii) Signature: 7. SHAREHOLDERS/OWNERSIPARTNERS (i) Name (First, Middle and Sumame): _ (ii) Residential Address: _ (iii) Occupation: _ (iv) Any former Christian or surname: _ (v) Any other business or occupation: _ (vi) Present nationalilty: _ (vii) Nationality of Origin: _ (viii) Percentage ofShare/Ownership: ~ _ (ix) Percentage interest in other businesses or companies: _ (x) Signature: _ The Small Business Development Regulations, 2008. 14 2008 No. 5 8. Existing or Estimated Capital Investment: 9. Existing or Estimated Total Annual Income: 10. Number ofpersons employed or to be employed: 11. Particulars of: (i) Level of exports: _ (ii) Foreign exchange eamings/savings: _ 12. Date of commencement of business, or date on which the business is likely to commence: Signed Gwner/PartnerlDlrectoriSec.retaiy FORM 4 APPLICATION FOR CONCESSIONS UNDER THE SMALL BUSINESS DEVELOPMENT ACf, 2007 Section A 1. Name (including the trading name of business) _ 2. Company Incorporation or Certification of Registration No: _ 3. Type of Business: _ 2008 No. 5 15 The Small Business DevelopmentRegulations, 2008. 4. Address of principal place of business: _ 5. Address of principal or registered office of company: _ 6. Telephone number of principal place of business _ 7. Telephone number of registered office of company _ 8. Facsimile number of principal place ofbusiness _ 9. Facsimile number of registered office of company _ 10. Residential Address: _ 11. Residential Telephone Number: _ 12. Email address: _ 13. Is the small business ] an individual ] a sole proprietor ]a partnership ] a finn ] a company ]a micro/small enterprise 14. Is the small business ] new Jestablished 15. Date established _ 16. Date business registered _ 17. Type of Business _ 18. Number of persons employed, _ 19. Does the business contribute to Social Security ] yes ] no Medical Benefits ] yes 1no Board of Educaiton ] yes ] no 20. Tax identificaiton number _ The Small Business Development Regulations, 2008. 16 2008 No. 5 Section B (Please indicate below all items for which concessions are sought I. Exemption from/reduction ofdutj' on raw materials, building materials, furniture, furnishings, fixtures, fittings, appliances, tools, spare parts, plant, machinery and equipment for use in the construction and operation of the business 2. Exemption from/reduction of duty on importation or purchase of motor vehicle for use in the operation ofthe business - specify type and how many 3. Reduction of Property Tax in respect of land and buildings used in the operation of the business 4. Exemption from/reduction of Income tax on the income of the business (how many years) 5. Exemption from/reducation of stamp duty on loan documents 6. Reduction of stamp duty on Non-citizens Land Holding Licence 7. Reduction of stamp duty on land transfers Section C Purpose for which concession is sought _ Section D Please provide values for which concession is sought. 1. Cost Priceofitem:$ _ (b) Estimated value of concession sought:$ _ Section E Have you or your business been granted concessions before?[ )yes )No Certification The undersigned hereby certifies that the information contained in the above fonn and in the accompanying attachments is true and correct to the best of my knowledge, information and belief. The undersigned agrees to notify the Authority immediately of any material change in this application. The undersigned authorises the Authority to contact, without further notice to the undersigned, any person or institution for the purpose of verifying information in this application Owner/Partner/Director/Secretary Date _ 200RNo 5 The Small Business£)eWtldpment Regulations.. '2008. SCHEDULE·m Documentsand Particulars Part 1 - Documentsto Accompanyan Applicationfor Recognitionas an Approved Small Business 1. A certificate of registration issued under the Business Names Registration Act or a certificate of incorporation issued under the Companies Act, as appropriate, along with the tax identification num- ber. Z. Adeclaratiorrvenfying the particulars specified in Part 2 ofthis Schedule. 3. Where the business has been in operation prior to the date of enactment of this Act, an audited financial statement ofaccounts for the financial year immediately preceding that in which the applica- tion is made. Part 2- Particulars to be Entered in the Register of Small Businesses The particulars referred to item 2 ofPart I ofthis Schedule and to be registered by the Registrar under paragraph 5 (2) (c) ofthe principal Act are: (a) the name, residential address and occupation of each owner, shareholder and director; (b) the percentage of ownership or the number of shares held or to be held by each owner or shareholder in the business or company to which the application relates; (c) the names of all other businesses or companies in which the owners, shareholders and directors referred to in paragraph (a) are also owners, shareholders or directors, and the percentage 01 ownership or extent of such shareholding; (d) the type of business and location; (e) the existing or estimated capital investment; (f) the number of persons employed or to be employed; (g) the existing or estimate annual income of the business; (h) where applicable, particulars to enable a determination of the level of exports, foreign exchange earning and foreign exchange savings: The Small Business Development Regulations, 2008. 1'8 2008NO.5 (i) the date of the commencement of the.business or the date on which the business is likely to commence, as the case may be; and (j) such other information as the Minister considers necessary.

SCHEDULE IV 1. On application to the Registrar for registration as a small business under section 5 together with the issue ofa Certificate ofregistration- $100. 2. For certified copy of any document under subsection 5(4)-$10. 3. For inspection of a document under subsection 5(4) - $5. 4. For filing a statement ofany change within the meaning ofsubsection 6(2), (including one certificate ofregistration)-$25.