How To Register A Llc In Jamaica
Registering an overseas company overseas companies may operate in jamaica but must be registered at the companies office of jamaica.
How to register a llc in jamaica. To incorporate a subsidiary company in jamaica. Proof of residential address and trn are required for the applicant. The registration fee for a partnership is ja 2 000 00. 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. A completed bn2 form.
Once registered an overseas company must file a balance sheet. The min share capitalization is 0 this means you don t have any minimum share capital. If you want to register your business as a partnership you must submit. Optional 3 passport size photographs of each partner signed by a justice of the peace. Registering a company in jamaica that s based overseas requires several steps.
Closure a business may be closed and removed from the register by a notice in writing to the companies office of 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. The registration fee is 25 000 00. The country code jm is for jamaica and the most common legal entity type in jamaica is a llc. The national identification card of each partner.
The minimum paid up share capital required to complete the incorporation process is us 1. File a balance sheet and a profit and loss statement with the companies office. Otherwise the abbreviation of llc can be used. The companies office of jamaica provide a name search feature that allows you to search the availability of the business name. If for example you incorporated by filing with florida s secretary of state you need someone from.
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. Registration of branch or overseas company in. Submit a copy of jamaican form 31 along with a copy of the articles of incorporation.