Company registration in Jamaica

Name of service Bronze Silver Gold
Company name verification and reservation Verifying the availability and reserving of your preferred company name in the registry
Company registration (LTD) including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Payment of state fees at the Companies Registration Office Payment of all mandatory fees for successful company registration
Inland Revenue Department registration Assistance with the company's tax registration at the local tax office Inland Revenue Department
Obtaining a tax number RIN Full support in filing documents for obtaining a company tax number
A set of statutory documents of the company in electronic form Preparation of a comprehensive package of incorporation documents for any form of company ownership in electronic form
Company seal Providing the official seal of the company
Assistance in opening an account in: Bank Of Jamaica, Firstcaribbean Internatiol Bank Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Local director for one (1) year Provision of a local Jamaica resident director for signing company contracts and maintaining the confidentiality of the founder's data or opening an account with a local bank
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1200 USD 2700 USD 5700 USD
Remote company registration with transfer of authority
300 USD 300 USD 300 USD
Accounting services
160 USD 160 USD 160 USD

Deal of the month

If you will register a company until July 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Jamaica is a country that has a strategic location in the Caribbean region. It has well-developed tourism, manufacturing, energy, agribusiness, and other sectors of the economy. Apart from this, the county is open to foreign investors and creates favorable conditions for starting a business there. If this jurisdiction is already included in your list of possible registration options, this brief summary may help with forming a more precise view of it.

Major Forms of Legal and Business Presence

If you wish to start a business in Jamaica, this may be realized in one of these forms:

  • Limited Liability Company – the most flexible, easy to found, and operate legal entity that can be established by one person at least regardless of his/her nationality with limited liability over the obligations of an enterprise. The minimum paid-up chartered capital should be USD1 but, in any case, it should be adequate to the types of activities an enterprise is going to carry out. One director is also required for this legal entity.
  • Public Limited Company – an entity suitable for involving external financing and rendering financial deals. It should have at least one shareholder of any nationality. The financial responsibility of a shareholder is also limited in this case. A minimum of three directors is required for this type of entity. The minimum paid-up chartered capital, in this case, should be at least a sum equivalent to USD 4,400. There are requirements for submitting financial statements and appointing an auditor for this enterprise.
  • Branch Office – an option available for foreign enterprises that are going to conduct in Jamaica the same types of business activities as abroad. A branch office should have a registered office and a representative in Jamaica based on a general power of attorney.
  • Representative Office – an option that can be used for promotional activities and market research without involvement in sales or other commercial transactions.

Registration Requirements and Steps

If you wish to form a company in Jamaica, this process can cover these preliminary registration steps:

  1. Defining commercial objectives you intend to realize through a local enterprise.
  2. Selecting and checking a business name for a future enterprise.
  3. Collecting details about the company's founders and beneficiaries.
  4. Choosing managers for a future entity.
  5. Arranging a business address for a local company.
  6. Drafting statutory documents and registration forms.
  7. Submitting documents to the Registrar.
  8. Registration for tax and social security purposes.
  9. Opening a corporate bank account.
  10. Getting additional licenses and permits that may be required for certain regulated activities.

Legal and Regulatory Framework

The jurisdiction offers favorable conditions for doing business with minimal requirements for establishing a company. Any investor, of any nationality, may found a local company. There are no severe restrictions for doing business, carrying out commercial transactions, and maintaining a company further.

Principal legal acts that are related to doing business in Jamaica are the Registration of Business Names Act, the Companies Act, and the Limited Liability Companies Act. Major state authorities foreign investors may deal with while starting and doing business in Jamaica are the Companies Office of Jamaica and the Financial Services Commission of Jamaica.

Tax System of Jamaica

If you wish to create a company in Jamaica, you should also take into account the following tax highlights before making your final decision:

  • Corporate income tax rates – rates may vary depending on the type of company 25% or 30% or 33,33%
  • Personal income tax rates – (i) standard – 25% (ii) higher (for income exceeding JMD 6 million) – 30%
  • General consumption tax (instead of value-added tax) rate – 15%
  • Withholding tax rates (for non-residents) – (1) corporate: (i) dividends – 33,33% (ii) interests – 33,33% (iii) royalties – 33,33% (2) individual: (i) dividends – 25% (ii) interests – 25% (iii) royalties – 25%
  • Capital gains tax – not applicable

Advantages of the Jurisdiction

Forming a company in Jamaica may turn out to be a beneficial dealing taking into account the following advantages attributed to this jurisdiction:

  • Open to foreign investors (in terms of company formation, property ownership, carrying out export/import transactions, etc.)
  • Advanced infrastructure, including shipping facilities
  • Availability of double tax treaties
  • Existence of special economic zones

How Prifinance Specialists May Help You

We offer prompt company registration and bank account opening services in Jamaica and worldwide. New registration and ready-made options. Call the Prifinance Company.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again