Jamaica is certainly considered a region with a favorable location. The country has well-developed tourism, manufacturing, energy, and agriculture. In addition, it offers favorable conditions to foreign investors and businessmen for doing business. Therefore, opening a company in Jamaica today is considered a profitable solution. The second option is definitely suitable if you are new to this business. The specialists of our firm will register the company, perform their work efficiently and as quickly as possible.

Why is it profitable to open a company in Jamaica?

If you are trying to find a profitable option where you can register a business, then we advise you to open your own company in Jamaica.

The main reasons why it is worth choosing this particular jurisdiction for business registration are as follows:

  • there is an actively developing economy;
  • the country stands out for its stable political situation;
  • high percentage of GDP;
  • the presence of a flexible tax system.

In addition, there are five free trade zones in the country.

Company registration in Jamaica

Jamaica's tax system

If you are planning to open a company in Jamaica remotely, then pay special attention to the following features of taxation in this country.

The corporate tax here is 33%. For building cooperatives, it is equal to 30%, and for insurance and unregulated firms - 25%. In addition, the GCT tax is 16.5%.

How to obtain citizenship in Jamaica?

People who come from another country can obtain citizenship in this jurisdiction through naturalization. At the same time, they are obliged to comply with certain conditions.

For example, you need to live in Jamaica for 5 years. Within 4 years, a person applies for citizenship. After that, you need to reside here continuously for 12 months. The main requirements for obtaining citizenship are: no criminal record, availability of a place and means of subsistence, knowledge of the language and customs, and so on.

Company registration in Jamaica: what form of business activity to choose?

If you belong to the category of businessmen who want to register a company in Jamaica, then you should choose one of the following business areas:

  • Transportation;
  • Energy;
  • Restaurant business;
  • Light industry;
  • Hotel business, and so on.

The following forms of companies are available for entrepreneurs to choose from:

  • Private enterprise;
  • LLC;
  • LLC;
  • Public limited liability company;
  • Joint venture;
  • Joint venture;
  • Partnership.

The most ideal option, according to many experts, is to open an LLC, general partnership. These forms of business are considered the most popular among foreign businessmen. They are relatively simple and easy to manage.

Registering a business in Jamaica quickly and without risks

If you decide to contact our company, register a company in Jamaica, then you can definitely get the following benefits:

  • highly professional legal assistance;
  • quick solution to a problem of any complexity;
  • quick solution to a problem;
  • individual approach;
  • complete confidentiality.

It does not matter what kind of activity you are going to do. Our specialists will help you quickly, in a short time, to register a company, as well as a personal bank account.

Thanks to our help, you will get a large number of prospects, independence in doing business, as well as freedom in the modern market.

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Maksym Stepanenko

Maksym Stepanenko

Managing Partner, Crystal Tax

International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.

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Our advantages

International business, end to end

Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

Confidentiality under contract

Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.

Choosing a jurisdiction

We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.

Timelines and data

We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

We see every case through

We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

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