How To Register Business In Jamaica
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Four important things to keep in mind once you decide to register your business name in jamaica.
How to register business in jamaica. The business name act makes it illegal to operate a business in jamaica without registering it with the companies office of jamaica. If u want to register your business name in jamaica you will need to fill and submit a form at the companies office of jamaica. The fee is j 500 00 for the name search and j 3 000 00 for the name reservation. Registration of business names certificates are valid for 3 years after this period the business names registration must be renewed. The first online business registration form in the caribbean it is expected to modernise and improve jamaica s investment environment as it simplifies the registration process for investors wanting to do business in the island.
You can enter either the company s name or registration number. All businesses operating in jamaica therefore must be registered. You can search for companies or business names registered in jamaica. Request certified copies. Benefits of registering a business according to the companies office of jamaica registering a business gives the business legal status that makes it much easier to obtain government and other contracts opening bank accounts in the.
Jamaica s business name act of 1934 makes it illegal to start a business without first registering it with companies of jamaica which was formerly called the office of the registrar of companies. Operating a company in jamaica without registering may attract a fine of up to 50 000 00 and in the case of a continuing offence 2 000 for. Applicants are required to complete the relevant documents at each renewal period. It will give a lot of benefits to you access to loans and grants be able to get government. To pay a registration fee of j 2 500.
1 876 926 3590 4 1 876 926 3740 6. There are several benefits associated with registering your company or business. Companies office of jamaica has the right to refuse any name which is likely to cause confusion with another name already on the register of companies. The system allows registration of businesses or companies from anywhere in the world using the 24 hour ebrf portal. Closure a business may be closed and removed from the register by a notice in writing to the companies office of jamaica.
Send us your query. Here in jamaica the companies office of jamaica coj is responsible for the registration of business process. Online business registration no need to come into the office register your business anytime and anywhere you please with our new online registration portal. Within a week your company will be uploaded on the website of the companies of jamaica.