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Trinidad and Tobago Tax Information

12.5% VAT

VAT is 12.5%. Registration required above TTD 500,000 turnover. BIR registration mandatory.

Architect Services to Invoice

  • Schematic design
  • Design development
  • Construction documents
  • Permit drawings
  • Site planning
  • Interior architecture
  • Project management

Invoice Requirements in Trinidad and Tobago

BIR number
VAT registration
Client details
Invoice number
VAT (12.5%)
Total in TTD

Payment Terms

Phase-based billing. Percentage at each milestone. Retainer for ongoing projects.

CashNet 14Net 30Net 45

Payment Methods in Trinidad and Tobago

Bank TransferRepublic BankFirst CitizensCredit CardCash

Architect Invoice Tips

  • Reference project phases
  • Include deliverables per phase
  • Note reimbursable expenses
  • Document design changes
  • Track percentage complete

Frequently Asked Questions

What tax rate applies to architect invoices in Trinidad and Tobago?

Trinidad and Tobago has 12.5% VAT. VAT is 12.5%. Registration required above TTD 500,000 turnover. BIR registration mandatory.

What payment methods are common for architects in Trinidad and Tobago?

Common payment methods in Trinidad and Tobago include: Bank Transfer, Republic Bank, First Citizens, Credit Card, Cash. Phase-based billing. Percentage at each milestone. Retainer for ongoing projects.

What should architect invoices include in Trinidad and Tobago?

Your invoice should include: BIR number, VAT registration, Client details, Invoice number. For architect services specifically, also include: Schematic design, Design development, Construction documents.

How should architects bill for projects?

Percentage of construction cost, fixed fee by phase, or hourly. Phase-based is standard.

What about design changes?

Include scope of changes and bill as additional services beyond original scope.

What is Trinidad's VAT rate?

Trinidad and Tobago applies 12.5% VAT on most goods and services. Basic food items and some services are zero-rated.