Beautiful Virgin Islands

Wednesday, Aug 27, 2025

Owners with multiple businesses can apply for more than one stimulus grants

Director of Trade Karia Christopher has said an owner of multiple businesses can apply and benefit from more than one COVID-19 stimulus grants from government.
Christopher gave that indication on Thursday, August 13, during social media interview about government’s $6.5 million grant relief programme for micro, small and medium-sized businesses.

“I am going to try to give you a very simple example so that persons can relate. If Sheriece Smith has a restaurant in Road Town, Sheriece Restaurant — that is one business. Sheriece is a budding entrepreneur, she loves fashion, and she has a clothing store in Sea Cows Bay — that’s two businesses. The Premier was adamant that, and to use his words, ‘take from Peter to pay Paul’. So in that case, Sheriece who has two businesses will definitely be eligible for two different grants,” Christopher explained.

She continued: “But if Karia Christopher has an architectural firm and in that same architectural firm, I do project management in the same space, that’s just two different licenses, but it is in the same space, so in that case, Karia Christopher would only be eligible for that one grant.”

The Trade Director said businesses have up till August 21 to submit their current trade licenses to her department.

She also sought to bring greater clarity to the requirements for the grant.

“There have been some questions, so perhaps our message was not clear. That is the only requirement that is mandatory – a trade license. There are sections where persons were asked to submit National Health Insurance (NHI), Inland Revenue, and Social Security. What we have said from the beginning, this is not mandatory. We do not want businesses to be stressed out because they are not up to date. If you are up to date, beautiful, submit what you have,” she explained.

“Another point of clarification, we accept receipts. So if you have your receipts, for NHI, Social Security, if you can prove that you have paid your taxes, please do not go into the expense of trying to get a Certificate of Good Standing. The certificate of good standing is only mandatory if you have it for companies. There is a big difference between a company and a business, a dba (a trading name). So if you are a company that is established with a limited enterprise, those are where you require that certificate of good standing from the Financial Services Commission. Again, it is not mandatory. We want to make sure that we put the businesses at ease,” Christopher added.

The only other mandatory requirement besides an up-to-date trade license is that businesses applying for grants must not employ 20 employees at any given time.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
A new faith called Robotheism claims artificial intelligence isn’t just smart but actually God itself
Deputy Prime Minister Angela Rayner Purchases Third Property Amid Housing Tax Reforms Debate
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Italian Facebook Group Sharing Intimate Images Without Consent Shut Down Amid Police Investigation
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
Sam Nicoresti becomes first transgender comedian to win Edinburgh Comedy Award
Builders uncover historic human remains in Lancashire house renovation
Australia Wants to Tax Your Empty Bedrooms
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
FBI Investigates John Bolton Over Classified Documents in High-Profile Raids
Report reveals OpenAI pitched national ChatGPT Plus subscription to UK ministers
Labour set to freeze income tax thresholds in long-term 'stealth' tax raid
Coca‑Cola explores sale of Costa coffee chain
Trial hears dog walker was chased and fatally stabbed by trio
Restaurateur resigns from government hospitality council over tax criticism
Spanish City funfair shut after serious ride injury
Suspected arson at Ilford restaurant leaves three in critical condition
Tottenham beat Manchester City to go top of Premier League
Bank holiday heatwave to hit 30°C before remnants of Hurricane Erin arrive
UK to deploy immigration advisers to West Africa to block fake visas
Nurse who raped woman continued working for a year despite police alert
Drought forces closures of England’s canal routes, canceling boat holidays
Sweet tooth scents: food-inspired perfumes surge as weight-loss drugs suppress appetites
Experts warn Britain dangerously reliant on imported food
Family of Notting Hill Carnival murder victim call event unmanageable
Bunkers, Billions and Apocalypse: The Secret Compounds of Zuckerberg and the Tech Giants
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
New York Appeals Court Voids Nearly $500 Million Civil Fraud Penalty Against Trump While Upholding Fraud Liability
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
Child-free hotels spark controversy
North Korea is where this 95-year-old wants to die. South Korea won’t let him go. Is this our ally or a human rights enemy?
Hong Kong Launches Regulatory Regime and Trials for HKD-Backed Stablecoins
China rehearses September 3 Victory Day parade as imagery points to ‘loyal wingman’ FH-97 family presence
Trump Called Viktor Orbán: "Why Are You Using the Veto"
×