This website is intended to help you understand Beneficial Ownership and amendments
to the Companies Act. The website is managed by the Companies Office of Jamaica.

Companies (Amendment) Act Passed

The amendments to the Companies Act 2023 aims to strengthen Jamaica’s anti-money laundering, counter-terrorism, and proliferation of arms financing efforts as it relates to legal persons.

Read the Companies Act

Quick Overview

Main Features in the Amendment

All companies, profit and non-profit, will be required to state the beneficial owner of the company. The Beneficial Ownership threshold was lowered from 50% to 25% for companies with shares.
New powers of the Registrar/COJ to verify beneficial ownership information through investigation and inspection.
The COJ will no longer charge the Annual Return penalty under Section 121. Only late fees will be collected.

Learn More

Tutorial: Completing Annual Return Forms

Take our Online

Beneficial Ownership Training Course

Advance your knowledge and understanding of amendments to the Companies Act and identifying beneficial owners. This course will help you navigate filing documents, equip you with best practices and remaining compliant.

Modules:

Identifying Beneficial Owners
Obligations
Sanctions
New Powers
New Forms

CLPD Credits Available

Take Course Now

Generate Your
Beneficial Ownership Organisation Chart

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