Source-cited draft: company formation & entity choice for Jamaica (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Source-cited draft.Written from sources but not reviewed by a licensed practitioner, so it may be incomplete or wrong. General reference only; don't file or take a position on it without professional review.
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Every figure is drawn from this Tax Guide and cited to its source.
Common entity types
Private company limited by shares, public limited company, sole trader/business name, partnership, branch of overseas companyCompanies Act — https://www.miic.gov.jm/register-your-business/
Registry
Companies Office of Jamaica (COJ)Companies Act — https://www.orcjamaica.com/
Minimum share capital — private company
No statutory minimum; at least one share must be issued (nominal capital)Companies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/
Minimum paid-up capital — public limited company
Approximately US$4,400 paid-up USDCompanies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/
Name reservation
Name search and reservation at COJ; reservation valid for 90 daysCompanies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/
Incorporation document
Articles of Incorporation (Companies Form 1) filed with COJCompanies Act — https://www.orcjamaica.com/
Incorporation fee
Approximately JMD 27,000 (plus at least JMD 500 if documents stamped at COJ)Companies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/
Incorporation timeline
Certificate of Incorporation typically issued within about 4 working days if documents are in orderCompanies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/
Post-incorporation tax registration
Register with TAJ for a Taxpayer Registration Number (TRN), GCT (if required), and enroll for NIS, NHT and HEARTRevenue Administration Act — https://www.miic.gov.jm/register-your-business/
Annual return to COJ
Companies must file an Annual Return with the Companies Office of Jamaica each yearCompanies Act — https://www.orcjamaica.com/
Minimum directors / secretary
At least one director required; a company secretary is requiredCompanies Act — https://www.bizlatinhub.com/jamaica-legal-entity-types/
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
Companies are incorporated under the Companies Act at the Companies Office of Jamaica (COJ). The private company limited by shares is the most common vehicle. Figures below are indicative 2025 amounts and should be confirmed.
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Other Jamaica computations in the OpenAccountants Tax Library.