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Trinidad and Tobago
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 30 | Spiritual Baptist Liberation Day |
| April 2 | Good Friday |
| April 5 | Easter Monday |
| May 13 | Eid al-Fitr |
| May 30 | Indian Arrival Day |
| May 31 | Indian Arrival Day observed |
| June 3 | Corpus Christi |
| June 19 | Labour Day |
| August 1 | Emancipation Day |
| August 2 | Emancipation Day observed |
| August 31 | Independence Day |
| September 24 | Republic Day |
| November 4 | Diwali/Deepavali |
| December 25 | Christmas Day |
| December 26 | Boxing Day |
| December 27 | Boxing 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.
