Fees and timelines

Fees

Jamaica LLC setup costs in Year 1 will amount to US$4,575 and annual company costs in Year 2 and thereafter will amount to US$2,875. The average fee per engagement amounts to US$9,585 including i) Jamaica company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.

 LLCPLCBranchRep office
Average Engagement costsUS$9,585US$10,585US$11,810US$10,060
Draft invoiceJamaica LLC invoiceJamaica PLC invoiceJamaica branch invoiceJamaica rep office invoice

Timelines

The average Jamaica company registration period is 11 weeks as outlined below:

 ServiceLLCPLCBranchRep Office
1.Engagement planning1 week2 weeks3 weeks3 weeks
2.Company incorporation period3 weeks4 weeks5 weeks5 weeks
3.Bank account approval3 weeks4 weeks5 weeks5 weeks
4.Internet banking approval3 weeks1 week1 week1 week
5.Engagement completion1 week1 week1 week1 week
Total engagement period11 weeks12 weeks15 weeks15 weeks


japan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Jamaica, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, , directly:
jamaica-tax jamaica-registrar jamaica financial services commission jamaica-bank