Ascertain from the Registrar of Companies whether the desired name is available and acceptable
Agency: Companies Office of Jamaica
The proposed company files a Form 6 – Name Search and Name Reservation with the Companies Office of Jamaica to ascertain the availability of the name at a cost of JMD 500. The name reservation for two days is free. In addition, the name can be reserved for a longer period of 90 days for an additional JMD 3,000.
This procedure can be done online and within the day the Companies Registry will send by email the name confirmation.
Time and cost: 1 day, JMD 500
File the Article of Incorporation and Business Registration Form with the Companies Registry Office
Agency: Companies Office of Jamaica
Entrepreneurs are not required to submit forms separately to the National Insurance Scheme (NIS), Taxpayer Registration Number (TRN) and General Consumption Tax (GCT). These registrations are subsumed under the Business Registration Form. Only two forms are required, the Article of Incorporation form and the Business Registration Form (BRF).
In the BRF Form will be provided the information to register for the General Consumption Tax (GCT). The company will be registered as ‘Registered Person’ and it will be issued a Notice of Registration. When the company starts to operate, and its gross sales exceeds the threshold of JMD 1,000,000, the registration status will change to ‘Registered Taxpayer’ and it will be issued the Registration Certificate.
Cost details: JMD 24,000 (registration fee) + JMD 500 for stamp duty + 3,000 (next day processing)
Time and cost: 2 days for next day service, see procedure details