ST. THOMAS — To assist local small businesses in remaining in good standing as eligible suppliers of the Economic Development Commission (EDC), Acting Chief Executive Officer of the Virgin Islands Economic Development Authority, Wayne L. Biggs, Jr. is reminding all eligible Virgin Islands suppliers that all required annual filings must be submitted to the EDC to avoid decertification, according to a Legal Notice Government House issued on Monday.
In accordance with EDC Rules and Regulations, Eligible Suppliers must annually submit to the EDC:
- A current certificate of good standing or certificate of existence.
- A trade name renewal certificate (if applicable).
- A current business license.
In addition, all eligible suppliers must submit to the EDC updated information relating to changes in their business’ status, which includes contact information such as physical, mailing and email addresses and contact numbers. Notification of a change in ownership and business closure are also required.
The Notice further stated that in order for businesses to remain in good standing, all suppliers who have not complied with this requirement are encouraged to contact the EDC to update their records.
All required documents must be submitted to the EDC Applications Unit at the following location:
ATTN: Eligible Supplier Program
Economic Development Commission
P.O. Box 305038
St. Thomas, USVI 00803
For additional information, contact Ja’Nelle Forbes of the EDC Applications Division at 340-774-8104, ext. 260, or by email or [email protected]. You may also submit information via facsimile no. 340-774-8106 on St. Thomas or 340-773-7701 on St. Croix.
Tags: eda, edc, virgin islands economic development authority