Jm Company Formation

---
name: jm-company-formation
description: "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."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/jm-company-formation"
  jurisdiction: "JM"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Jamaica Company Formation & Entity Choice

## Entity types and incorporation

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.

- **Common entity types** — Private company limited by shares, public limited company, sole trader/business name, partnership, branch of overseas company  _(Companies 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) (approx — confirm)  _(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 USD USD (approx — confirm)  _(Companies 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 days  _(Companies Act — https://www.bizlatinhub.com/company-formation-how-to-incorporate-a-company-in-jamaica/)_
- **Incorporation document** — Articles of Incorporation (Companies Form 1) filed with COJ  _(Companies Act — https://www.orcjamaica.com/)_
- **Incorporation fee** — Approximately JMD 27,000 (plus at least JMD 500 if documents stamped at COJ) JMD (approx — confirm current COJ fee schedule)  _(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 order (approx — confirm)  _(Companies 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 HEART  _(Revenue 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 year  _(Companies Act — https://www.orcjamaica.com/)_
- **Minimum directors / secretary** — At least one director required; a company secretary is required (approx — confirm minimums under current Companies Act)  _(Companies Act — https://www.bizlatinhub.com/jamaica-legal-entity-types/)_

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `jm-company-formation` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/jm-company-formation. If neither is available, confirm every figure against the official source pages cited above before relying on it.