• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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A vibrant, multicultural country, over the past two decades Trinidad and Tobago has forged a reputation of being one of the leading destinations for direct foreign investment in Latin America and the Caribbean. The twin island country has a rich democratic history and a strong commitment to the rule of law. At the base of this success is a...

 

The proposed introduction of the new property tax regime in 2017, if implemented efficiently and transparently, should be viewed in a positive light due to the possible long-term social and economic value it could create in Trinidad and Tobago. It heralds a potential paradigm shift that could allow the state’s fiscal policy to be utilised more...

Chapter | Legal Framework from The Report: Trinidad & Tobago 2017

This chapter provides an overview of Trinidad and Tobago’s legal framework, covering a range of topics from civil procedure rules, to the Foreign Investment Act, free zones and public-private partnerships, among others.

It also contains a viewpoint from Hadyn John Gadsby, Senior Partner, J.D. Sellier + Co.

After facing headwinds such as depressed international energy prices, and rising debt and fiscal imbalances, Trinidad and Tobago’s economic recession appears to be turning a corner, with GDP growth projected to climb to 0.3% in 2017 and 3.4% in 2018. As one of the largest and most diversified economies in the English-speaking Caribbean, the country is beginning to benefit from the new administration’s process of fiscal adjustment and economic diversification, spurred on by an ambitious public works pipeline.

 

Looking ahead, it is difficult to imagine more interesting times for Colombia from a political, economic and business perspective. The country has come a long way in establishing itself as a credible, fast-growing and resilient economy, which is now producing companies capable of competing on a regional and global level. Security is improving...

 

Colombia has a modern institutional framework to foster and maintain economic stability, including separation of government groups and functions. The aims of the government are to keep unemployment and inflation down, modernise the country’s infrastructure, develop its agriculture sector, and further stimulate the tourism and real estate...