Dmitri Mihhailov
Managing Partner
Leads Prifinance and personally oversees complex multi-jurisdiction structures. Your Jamaican setup gets partner-level review before anything is filed.
Register a company in Jamaica
, the anglophone services base.Set up a Jamaican Ltd - English-speaking, common law, the region's BPO boom, a harbour built for transshipment and a fiscal turnaround rating agencies keep rewarding. The counterweights: 25% corporate tax plus a heavy payroll stack, electricity among the region's dearest, growth stubbornly slow, and crime that has fallen hard lately but still prices security into every serious budget.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Jamaica · at a glance
Legal formLtd via COJ
Time to set up1-2 weeks
Corporate tax25% · SEZ ≈7.75%
GCT (VAT)15%
Exchange controlsNone - free repatriation
Remote setupYes - by POA
4.7
★★★★★
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Jamaica in brief
The anglophone services base, costed.
Jamaica's quiet story is discipline. A decade of bipartisan fiscal rigour cut public debt from among the world's worst to under seventy percent of GDP, the credit upgrades keep coming, and the currency floats without drama. On that foundation sits a genuinely useful platform: the Caribbean's English-speaking BPO powerhouse with tens of thousands of seats serving US customers in their own time zone, Kingston's natural harbour running regional transshipment, four million tourists, Blue Mountain coffee and a licensed cannabis industry. Company registration in Jamaica is quick and online, ownership is unrestricted, exchange controls died in the nineties, and the SEZ regime cuts corporate tax to roughly 7.75% for logistics, manufacturing and services - while a Junior Stock Exchange listing takes qualifying small companies to zero for five years.
The counterweights. The standard rate is 25% - 33⅓% for regulated businesses - and the payroll stack of NIS, NHT, education tax and HEART adds a real double-digit percentage to every salary. Electricity is among the most expensive in the Americas, which is why manufacturing stays niche while services thrive. Growth is stubborn - one to two percent in good years. And crime, though sharply down since the states of emergency and worth saying so, still ranks among the region's worst: guarded premises and insurance belong in the budget, not in the fine print. Jamaica pays best for service businesses that hire its people and export their hours.
Packages & pricing
Two ways to start.
01 - LTD · JAMAICA
Company
from$3,010USD · all-in
Company formation in Jamaica as a Ltd - COJ incorporation, tax registrations and the first year of the registered address included.
✓Regime strategy first - SEZ, Junior listing or standard✓COJ name reservation & incorporation✓TRN, GCT and payroll registrations with TAJ✓Registered address in Kingston - first year✓BPO / logistics positioning where relevant✓Free pre-incorporation consultation
Optional add-ons: SEZ application (JSEZA) - from $2,500 · cannabis licence (CLA) - scoped per case · work permits - from $1,200 · accounting - from $250/month · renewal - from $1,200/year.
Start with a consultation →02 - LTD + BANK · JAMAICA
Most popularCompany + Bank Account
from$4,910USD · all-in
Everything in the first package plus a corporate account with a Jamaican bank - prepared, filed and defended by us.
✓Everything in the Company package✓Bank file: business plan, source of funds, references✓Account with NCB, Scotiabank, Sagicor or JMMB✓USD + JMD account structure✓Payroll stack setup - NIS, NHT, HEART, education tax✓Repatriation walkthrough - clean and control-free
Optional add-ons: SEZ application - from $2,500 · work permits - from $1,200 · accounting - from $250/month · renewal - from $1,200/year.
Start with a consultation →Starting prices, confirmed before we file. COJ and registration fees are itemised.
What you can do
What our clients open in Jamaica.
The services export hours, the port moves boxes, and the island's brands sell themselves.
BPO & shared serviceslicensed
The anglophone nearshore. Tens of thousands of seats in the US time zone, SEZ-taxed.
Logistics & transshipmentlicensed
Kingston's natural harbour and the SEZ regime built for it.
Tourism & hospitalitylicensed
Four million visitors. Operations, villas, experiences.
Agro & branded export
Blue Mountain coffee, rum, sauces. Names that carry premiums.
Cannabislicensed
A functioning CLA regime for cultivation and processing.
Tech & creative services
Music, media, development shops. Exporting English-language work.
Why Jamaica
Why Jamaica.
✓
English and common law
The language and the legal system your contracts already use.
✓
The fiscal turnaround
Debt halved, upgrades earned. Macro risk falling, not rising.
✓
SEZ at ≈7.75%
A real incentive regime for logistics, manufacturing and services.
✓
Junior Exchange at 0%
Five years tax-free for qualifying listed small companies - rare anywhere.
✓
No exchange controls
Profits repatriate freely. Since the nineties, without drama.
✓
The BPO ecosystem
Trained English-speaking talent and parks that already serve US clients.
How it compares
Jamaica vs the region.
The comparison, as of 2026:
| Country | Corporate tax | Signature story | Signature edge |
|---|---|---|---|
| Jamaica | 25% · SEZ ≈7.75% | The anglophone services base | English, BPO, the harbour |
| Dominican Rep. | 27% · zones 0% | Nearshoring workhorse | Scale plus free zones |
| Barbados | 9% | Real treaties, real rate | 9% with substance |
| Trinidad & Tobago | 30% | The energy economy | Gas money, harder ease |
| Bahamas | 0% | A name banks know | Zero tax, higher costs |
JamaicaEnglish, BPO, the harbour
Corporate tax25% · SEZ ≈7.75%
Signature storyThe anglophone services base
Dominican Rep.Scale plus free zones
Corporate tax27% · zones 0%
Signature storyNearshoring workhorse
Barbados9% with substance
Corporate tax9%
Signature storyReal treaties, real rate
Trinidad & TobagoGas money, harder ease
Corporate tax30%
Signature storyThe energy economy
BahamasZero tax, higher costs
Corporate tax0%
Signature storyA name banks know
Requirements
What a Jamaican Ltd requires.
01
One shareholder - individual or company, any nationality. 100% foreign ownership is standard.
02
One director - no residency requirement. The board can sit anywhere.
03
Registered office - A Jamaican address for COJ and TAJ mail - included in our packages.
04
No minimum capital - nominal share capital is fine; banks care about the plan, not the number.
05
Annual returns - COJ annual return and TAJ filings. We calendar both.
06
Payroll registrations - NIS, NHT, education tax and HEART from the first hire. Set up correctly on day one.
How it works
How company registration in Jamaica works.
Six steps, most of them ours. The registry is genuinely quick; the regime choice deserves the thought.
01Same day
Free consultation
SEZ, Junior listing or standard. The regime settled first.
022-3 days
Structure & documents
Shareholding, KYC, forms. One clean pass.
031-5 days
COJ incorporation
Name reserved, company registered - online.
043-7 days
TAJ registrations
TRN, GCT and employer files.
052-6 weeks
SEZ / licences
JSEZA application or sector licences where relevant.
062-4 weeks
Bank account
File prepared and defended. NCB, Scotiabank, Sagicor, JMMB.
Quick facts
Legal formLtd
Corporate tax25% · SEZ ≈7.75%
GCT (VAT)15%
Junior Exchange0% ×5 yrs, listed
Exchange controlsNone
Standard timeline1-2 weeks
Renewal & accountingFrom $1,200/year
Jamaica's real gate is the payroll stack: NIS, NHT, education tax and HEART add a double-digit load per salary, and BPO margins are built or broken on it. We model the full loaded cost per seat before you commit - not after the first payroll run.
On the ground
On the ground in Jamaica.
Prifinance - Jamaica
Kingston
Kingston, Jamaica
01
Caribbean specialists
Your setup runs with Kingston counsel who file COJ and TAJ work weekly.
02
SEZ & incentive positioning
JSEZA files and Junior-listing eligibility scored with the incorporation.
03
Loaded-cost payroll modelling
The full stack per hire calculated before you sign leases or contracts.
04
Also in Hong Kong, London, Dubai & more
A network of offices supporting cross-border structures.
We also have offices in
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation
Jamaican taxes, stacked up.
An ordinary headline with well-built escape routes: the SEZ regime for exporters of goods and hours, and the Junior Exchange for companies willing to list. The payroll stack is where budgets go wrong - so we start there.
Corporate - 25%
Unregulated companies; regulated businesses pay 33⅓%.
SEZ - ≈7.75%
The 12.5% zone rate, cut further by promotional credits.
GCT - 15%
The VAT. Registration mandatory past the threshold.
Payroll stack
NIS, NHT, education tax, HEART. The true cost per hire.
The levies that matter
Corporate income tax25% · regulated 33⅓%
SEZ effective rate≈7.75%
GCT (VAT)15%
Dividends to non-residentsUp to 33⅓% - treaty-planned
Employer payroll stack≈12-13%
Renewal & accountingFrom $1,200/year
Owners remain responsible for tax where they live. The Jamaican dollar drifts gently - ordinary treasury hygiene covers it.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
International Business Consultant
Walks you from first call to working company - structure, documents, timelines - in plain language, in five languages.
Alex Danila
Corporate Services Specialist
Handles COJ filings, TAJ registrations and the bank file day to day, so your Jamaican company launches without delays.
Follow Prifinance
Active across our channels.
Watch: opening a company in Jamaica with Prifinance
The anglophone services base, entered with the right regime - company, SEZ or listing file, payroll stack and bank in one prepared project. Full support, start to finish.
Talk to a specialist →FAQ
Jamaica, service economics.
Can I open a company in Jamaica without visiting?+
Yes - COJ incorporation and TAJ registrations run by power of attorney. Banks prefer to meet a signatory once, so most clients pair one visit with the account opening. We sequence everything so the trip is short.
Is Jamaica actually a good tax deal?+
At 25% headline - ordinary. The genuine deals are the SEZ regime at roughly 7.75% for exporters of goods and services, and the Junior Stock Exchange: qualifying small companies pay zero for five years after listing, then half-rate for five more. If neither fits, we say so plainly.
Who qualifies for the SEZ regime?+
Logistics, manufacturing, BPO and services businesses operating in or as approved zones under JSEZA. It is an application with substance requirements, not a checkbox - and for BPO operators it is close to the default. We score eligibility before incorporation.
What is the Junior Stock Exchange incentive?+
List a qualifying small company on the JSE Junior Market and corporate tax drops to zero for five years, then fifty percent for five more. It requires real governance - a board, audits, public reporting - and rewards it with the region's most generous listed-company deal.
How heavy is the payroll burden really?+
The employer side - NIS, NHT at three percent, education tax and HEART - stacks to roughly twelve to thirteen percent above gross, with employee-side deductions besides. It is the line item that most surprises foreign employers. We model the loaded cost per hire before you commit.
How bad is crime for business?+
Better than the headlines and worse than average. Homicides fell sharply in recent years, and business districts, BPO parks and resorts run professionally secured. But guarded premises, cameras and insurance belong in the budget as standing lines. We plan them with you, not around you.
Why is electricity so expensive?+
A small grid, imported fuel and a single distributor put rates among the highest in the Americas. Services carry it easily; heavy manufacturing rarely does - one reason the island's winners export hours, not tonnes. Solar with storage increasingly pays for itself.
What is the banking reality?+
Conservative and correspondent-pressured, but functional: two to four weeks with a defended file at NCB, Scotiabank, Sagicor or JMMB. Clean source-of-funds evidence decides the timeline. USD accounts are routine; repatriation is free of controls.
Is the cannabis industry actually open?+
Yes - licensed under the CLA for cultivation, processing and retail, with real operators in the market. Banking remains the hard part, as everywhere the plant is legal locally and awkward internationally. We structure for that reality from the start.
What does it cost and how long does it take?+
From $3,010 for the company, from $4,910 with a bank account. The registry files in days; tax numbers and the bank stretch the realistic timeline to one or two weeks plus the account's own KYC. SEZ applications add two to six weeks. Renewal from $1,200/year.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“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…”
Google
“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”
Google
“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.”
Google
“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…”
Google
“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…”
Google
“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!”
Google
More from Prifinance
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Free consultation
Start your Jamaican company today.
Tell us about the business, and a specialist replies within one business day: Ltd, SEZ, Junior listing or a different flag, with a timeline and a fixed quote.
✓No obligation; the first consultation is free✓Regime and loaded payroll modelled before you pay✓Transparent fixed fees, confirmed up front✓EN · RU speaking team