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St. Martin News Network - COCI: Chamber of Commerce to Commence Deregistration of Businesses in the Month of June 2021.


Published: 25 May 2021
PHILIPSBURG: - The St. Maarten Chamber of Commerce & Industry (COCI), calls on the business community, social organizations, foundations, and other legal entities to update their information at the Chamber within the soonest time possible since its deregistration process will commence during the month of June.
Based on Article 25 of the Civil Code 2019, the COCI after 6 weeks of the publication of entities that are in default and have failed to engage the Chamber during the same period, such entities will be liable to be deregistered from the business registry. For this reason, the COCI is appealing to all legal business entities to engage the Chamber and make necessary arrangements to have your files and annual fee payments sorted and updated. Publication of the names of businesses and other entities that are in default will commence during the month of June 2021. ....

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St. Martin News Network - COCI: Positive Outlook for the Business Community in 2021.


Published: 23 April 2021
PHILIPSBURG - St. Maarten Chamber of Commerce & Industry (COCI) Executive Director Jude Houston has expressed a great deal of confidence for the business sector of St. Maarten for the year, given the trend observed in the first quarter of 2021 as compared to the same period of 2020. He stated that based on the analysis conducted by COCI, there has been a net business surplus within the sector for the first three months of the year since there were more new business registrations or openings than business closures.
New business registrations amounted to 216 for the months January to March 2021, compared to 169 in the same period of 2020. This signifies an increase of 27.8 percent in new business registration. This he said is a positive sign, not just for the business community but the economy as a whole if this trend is to continue for the balance of the year. Mr. Houston equates this performance to the first quarter of 2018 (post-Irma), ....

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