Government Regulations in Establishing a business Flashcards
What are some Local Government Regulations
In Jamaica, parish councils oversee aspects like:
Building operations: Ensuring safety and suitability of proposed constructions.
Billboards: Properly erected to avoid hazards and fit surroundings.
Barbers’ and beauty shops: Requiring special licenses.
Amusements: Requiring licenses for places of entertainment.
What are some National Government Regulations
Tax requirements: Income, property, and consumption taxes.
Occupational safety: Maintaining a safe environment for customers and employees.
Business registration: Companies must register and select suitable business structures.
Building and planning regulations: Ensuring safety and compatibility with surroundings.
What are some regional Government Regulation
Businesses must comply with CARICOM rules, including:
Paying common external tariffs.
Preparing specific invoices for imports.
What are some Global Government Regulation
Copyright and intellectual property protection: Protects books, inventions, and creative works.
Money laundering: Regulations to monitor large cash transfers and suspicious transactions.
International transport of hazardous waste:
Restrictions under treaties like the Basel Convention.
Ozone-depleting chemicals: Must be disposed of safely under the Montreal Protocol.
