One of the major aims of the CARICOM Single Market and Economy (CSME) is to stimulate economic growth and competitiveness by facilitating intra-regional commercial activity. An important project being executed by the CSME Unit of the CARICOM Secretariat will make this increasingly possible. On Monday, the Secretariat hosts a 2-day regional consultation in Trinidad and Tobago on the development of a framework policy on establishing a single jurisdiction within the CSME. Having a single jurisdiction means that once a company is registered in one Member State, it is deemed to be registered in all participating Member States in the CSME. This would save the company time and financial costs associated with the registration process.
Full Press Release here: CARICOM Making Cross-Border Business Easier