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COJ amnesty coming to an end, companies urged to take up offer

Published:Wednesday | July 29, 2015 | 10:11 AM

The Companies Office of Jamaica (COJ) is urging businesses which have not yet taken advantage of its amnesty to do so now.

The Amnesty, which has been in effect since May 4, facilitates the filing of outstanding annual returns, removal of companies and closure of business names at lower prices.

It will come to an end on Friday July 31 and the COJ says it will not be extended.

Chief Executive Officer of the COJ, Judith Ramlogan says thousands of entities have benefited from the service.

She says over 14,000 annual returns have been filed.

There have been over 1,700 applications to remove companies and  just under eleven hundred applications to close business names.

According to Ramlogan, the numbers have exceeded the targets in all cases.