Trinidad and Tobago Economy, Politics, Geography, and Culture

Trinidad and Tobago is an island nation and one of the wealthiest countries in the Caribbean, thanks to its large reserves of oil and gas. Its population is primarily people of African and Indian descent. It gained independence from Britain in the 1960s, becoming a republic in 1976.

The country comprises two main islands, Trinidad and Tobago, separated by a 30 km straight. It has a maritime tropical climate and large biodiversity of plant and animal life. Trinidad and Tobago are well known for its large number of bird species and is a popular destination for bird watchers who come to observe species like the scarlet ibis, cocrico, egret, shiny cowbird, bananaquit, and oilbird.

The main languages spoken include English and Creole, as well as Indian languages such as Hindi and Hindustani. Christianity is practiced by the majority of the population, with Hinduism a close second. Cricket is considered a national sport with strong rivalry with its Caribbean neighbors.

2021
March 30Spiritual Baptist Liberation Day
April 2Good Friday
April 5Easter Monday
May 13Eid al-Fitr
May 30Indian Arrival Day
May 31Indian Arrival Day observed
June 3Corpus Christi
June 19Labour Day
August 1Emancipation Day
August 2Emancipation Day observed
August 31Independence Day
September 24Republic Day
November 4Diwali/Deepavali
December 25Christmas Day
December 26Boxing Day
December 27Boxing Day observed
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 25%
  • VAT/GST/Sales Tax: 12.5%
  • Bank of Baroda (Trinidad and Tobago)
  • CIBC FirstCaribbean International Bank
  • Citi
  • First Citizens Bank
  • JMMB Bank (Trinidad and Tobago)
  • RBC Royal Bank
  • Republic Bank
  • Scotiabank Trinidad and Tobago

Aadmi can support you with your expansion to Trinidad and Tobago. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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