The post Companies urged to renew outstanding annual licenses appeared first on St. Lucia News Online.
PRESS RELEASE – The Department of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs wishes to remind all businesses and enterprises that are subject to quarterly, semiannual or annual renewal of licences or permits that they should have all such permits or licences renewed on time.
The Department has observed that a number of enterprises that are subject to renewal of licences such as liquor licences, trade licences and petroleum licences have not renewed such licences which expired on December 31, 2016.
As part of efforts aimed at improving compliance with existing domestic laws and hence improve the quality of the business environment in Saint Lucia, the Department of Commerce will be exercising greater vigilance in the coming weeks to ensure that all companies are in compliance with applicable licensing regimes.
All businesses that are subject to licences or permits are therefore encouraged to comply with their relevant legislation at the soonest to avoid the penalty provisions applicable under the various pieces of legislation governing the respective business sector.
(0)
(1)The post Companies urged to renew outstanding annual licenses appeared first on St. Lucia News Online.