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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.

Mobile Developer Services to Invoice

  • iOS development
  • Android development
  • Cross-platform apps
  • App maintenance
  • App store submission
  • Bug fixes
  • Feature updates

Invoice Requirements in Trinidad and Tobago

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

Payment Terms

30% upfront, 40% at beta, 30% at launch. Maintenance billed monthly.

CashNet 14Net 30Net 45

Payment Methods in Trinidad and Tobago

Bank TransferRepublic BankFirst CitizensCredit CardCash

Mobile Developer Invoice Tips

  • Reference app version numbers
  • Break down by platform
  • Include testing phases
  • Document store submission
  • Track post-launch support

Frequently Asked Questions

What tax rate applies to mobile developer 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 mobile developers in Trinidad and Tobago?

Common payment methods in Trinidad and Tobago include: Bank Transfer, Republic Bank, First Citizens, Credit Card, Cash. 30% upfront, 40% at beta, 30% at launch. Maintenance billed monthly.

What should mobile developer invoices include in Trinidad and Tobago?

Your invoice should include: BIR number, VAT registration, Client details, Invoice number. For mobile developer services specifically, also include: iOS development, Android development, Cross-platform apps.

How should mobile developers structure invoices?

Break down by development phase: design, development, testing, submission. Include platform-specific costs.

Should app developers charge for store submission?

Yes, include store submission as a line item. Cover the time for screenshots, descriptions, and submission process.

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.