Making NIC Work Your Business
June 20, 2022
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Smaller Member Support Program "Making NIC Work Your Business

The Chamber continued to strengthen and make members more resilient. Resilience is not only about being being strong and well organized to face natural disasters, it is that and more.

A well structured, managed and operated business is generally more resilient than one that is poorly structured and run.

Essential to a good functioning business is the team of workers who makes the company successful by their effort in delivering the goods and services the Company produces and provides its customers.

Ensuring that your workers have peace of mind as far as their incomes in the event of distress and when they retire contributes to the sense of security. It also is a clear demonstration that you as an Employer is concerned and prepared to play your part in looking after their future wellbeing.

The National Insurance Corporation funded through employee and employer contributions is a critical element of the labour relations and social safety net infrastructure of the country. Ensuring that your business is in good standing by fulfilling their obligations in a timely manner is critical to a company taking care of its valued team members.

On Tuesday May 17th A Webinar was  hosted by the Chamber on Making NIC Work for Small Business.

The Webinar will covered the following Areas:

·       Overview of the different National Insurance benefits available to SME's

·       The NIC Regulations and SMEs

·       Benefits of Making NIC contributions

·       How contributions can be paid by self-employed/sole-trader/ small businesses

·       Correct procedures for completing the NIC forms

·       Other Important pointers from the NIC Act for small business.

The NIC information leaflet will be shared with members.

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Frequently asked questions
Where is the St. Lucia Chamber of Commerce located?
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The St. Lucia Chamber of Commerce, Industry and Agriculture is located at Orange Park Commercial Building, 1st Floor, Bois D’Orange, Gros Islet.

Is the St. Lucia Chamber of Commerce part of the government?
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While most chambers work closely with government, they are not part of government  

What are the benefits of being a member of the St. Lucia Chamber of Commerce?
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Advocating on behalf of members with the public sector. Increased visibility and credibility. Business training and education information sharing and networking.

What is the main purpose of the St. Lucia Chamber of Commerce?
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A chamber of commerce is an organization of business owners and entrepreneurs who promote the interests of their local business community. Chambers of commerce provide access to valuable resources, discounts, and relationships that help businesses save money and market their products.

What powers does the St. Lucia Chamber of Commerce have?
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Chambers of Commerce will act to promote public policies that are in the best interest of business, in general. Specific Chambers of Commerce may also attempt to promote policies that serve specific industries or geographic locations.