How To Register A Llc In Jamaica

File a balance sheet and a profit and loss statement with the companies office.

How to register a llc in jamaica. If for example you incorporated by filing with florida s secretary of state you need someone from. Once registered an overseas company must file a balance sheet. Registration of branch or overseas company in. The min share capitalization is 0 this means you don t have any minimum share capital. The minimum paid up share capital required to complete the incorporation process is us 1.

The companies office of jamaica provide a name search feature that allows you to search the availability of the business name. A completed bn2 form. Under the companies act 2004 it became possible for a company to reserve a name for up 90 days before it is actually registered. The country code jm is for jamaica and the most common legal entity type in jamaica is a llc. Registration a business registration form along with the articles of incorporation must be filed with the registrar of companies office.

Optional 3 passport size photographs of each partner signed by a justice of the peace. Prior to the amendments if a company wanted to register a trade name what would have to happen is that the company and an individual would have. Proof of residential address and trn are required for the applicant. Closure a business may be closed and removed from the register by a notice in writing to the companies office of jamaica. The act she continued mandated every firm having a place of business in jamaica and carrying on business under a name other than its corporate name to register in the manner directed by the act.

The registration fee is 25 000 00. Registering a company in jamaica that s based overseas requires several steps. Registering an overseas company overseas companies may operate in jamaica but must be registered at the companies office of jamaica. The average time to incorporate is 3 weeks to put together the paperwork and file a llc in jm. The registration fee for a partnership is ja 2 000 00.

If you want to register your business as a partnership you must submit. To incorporate a subsidiary company in jamaica. A jamaica llc must appoint at least one director and one shareholder who can be of any nationality. The llc must include the word limited at the end of its company name if it is limited by guarantee or shares. Registration of business names certificates are valid for 3 years after this period the business names registration must be renewed.