How To Register A Business Jamaica
Registration of business names certificates are valid for 3 years after this period the business names registration must be renewed.
How to register a business jamaica. 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. It will give a lot of benefits to you access to loans and grants be able to get government. Within a week your company will be uploaded on the website of the companies of jamaica. This is known in jamaica as the one man shop. Request certified copies.
Closure a business may be closed and removed from the register by a notice in writing to the companies office of jamaica. Applicants are required to complete the relevant documents at each renewal period. There are several benefits associated with registering your company or business. 1 as a sole trader or 2 as a partnership. There are two ways to effect registration of a business name.
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. The business name act makes it illegal to operate a business in jamaica without registering it with the companies office of jamaica. The companies office of jamaica provide a name search feature that allows you to search the availability of the business name. The system allows registration of businesses or companies from anywhere in the world using the 24 hour ebrf portal. All businesses operating in jamaica therefore must be registered.
You can enter either the company s name or registration number. 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. Four important things to keep in mind once you decide to register your business name in jamaica. You can search for companies or business names registered in jamaica. Under the companies act 2004 it became possible for a company to reserve a name for up 90 days before it is actually registered.
Here in jamaica the companies office of jamaica coj is responsible for the registration of business process. 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. Online business registration no need to come into the office register your business anytime and anywhere you please with our new online registration portal.