Starting a Business in


Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Jamaica. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 190 economies. The most recent round of data collection was completed in June 2016.

Compare Jamaica to 189 other economies.

  • No. Procedure Time to Complete Associated Costs

    Ascertain from the Registrar of Companies whether the desired name is available and acceptable

    Agency: Companies Office of Jamaica

    The proposed company files a Form 6 - Name Search and Name Reservation with the Companies Office of Jamaica to ascertain the availability of the name at a cost of JMD 500. It is also recommended that a name reservation be done for an additional JMD 3,000 to reserve the name for 90 days.

    1 day JMD 500

    File the Article of Incorporation and Business Registration Form with the Companies Registry Office

    Agency: Companies Office of Jamaica

    Since January 1, 2014 entrepreneurs are no longer required to submit forms separately to the National Insurance Scheme (NIS), Taxpayer Registration Number (TRN) and General Consumption Tax (GCT). These registrations are now subsumed under the Business Registration Form. Thus, only two forms are required, the Article of Incorporation form and the Business Registration Form.

    Cost details:
    JMD 24,000 (registration fee) + JMD 500 for stamp duty

    On average 9 days see procedure details