PHILIPSBURG:--- As part of the ongoing efforts to maintain the accuracy of the trade registry and ensure compliance among the business community, the St.Maarten Chamber of Commerce & Industry (COCI) has taken the decision and adopted with immediate effect, the cessation of the status of Inactivation. Businesses and foundations will no longer receive an inactive declaration notice from COCI and existing inactive businesses and foundations will have until December 31st, 2021 to re-activate or close their business and/or foundation.
In the past, the status of inactivation was implemented for the sole purpose of facilitating businesses that wished to temporarily stop their operation and to ...
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