How To Register A Business Jamaica

Within a week your company will be uploaded on the website of the companies of jamaica.

How to register a business jamaica. You can enter either the company s name or registration number. Online business registration no need to come into the office register your business anytime and anywhere you please with our new online registration portal. The business name act makes it illegal to operate a business in jamaica without registering it with the companies office of jamaica. 1 as a sole trader or 2 as a partnership. The system allows registration of businesses or companies from anywhere in the world using the 24 hour ebrf portal.

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. This is known in jamaica as the one man shop. 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. There are two ways to effect registration of a business name.

Four important things to keep in mind once you decide to register your business name in jamaica. 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. Registration of business names certificates are valid for 3 years after this period the business names registration must be renewed. It will give a lot of benefits to you access to loans and grants be able to get government. According to the business name act of 1934 it is illegal to start a business in jamaica without registering the business in the books of the companies of jamaica.

Applicants are required to complete the relevant documents at each renewal period. Closure a business may be closed and removed from the register by a notice in writing to the companies office of jamaica. The registration of business names act rbna every trader having a place of business in jamaica is required to be registered under rbna. The companies office of jamaica provide a name search feature that allows you to search the availability of the business name. 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. There are several benefits associated with registering your company or business. Here in jamaica the companies office of jamaica coj is responsible for the registration of business process.