Incentives for Listed Companies in Jamaica

Incentives for Listed Companies in Jamaica

Junior Market Tax Incentives

For companies listed on the JSE Junior Market, the following tax benefits apply (subject to compliance with reporting and regulatory requirements):

  • 0% Corporate Income Tax for the first 5 years after listing
  • 50% Corporate Income Tax for the next 5 years

(Effective for companies listed before December 31, 2025)

Access to Capital

  • Easier Access to Equity Financing through public share offerings
  • Improved Creditworthiness due to increased transparency and reporting

Enhanced Visibility & Investor Confidence

  • Increased public profile and brand credibility
  • Greater market exposure locally and internationally

Governance and Compliance Support

  • Guidance from the JSE and broker-dealers on compliance, reporting, and governance standards
  • Support for companies transitioning to public ownership

For more information, visit the Jamaica Stock Exchange

Mr. Sydney Thwaites

President

Mr. Thwaites has over 28 years of experience in financial services, petrochemicals, and consulting, with a global reach spanning the USA, Canada, Europe, Asia, and the Caribbean. He co-founded Lubricating Specialties Company Jamaica in 2015, revitalizing the local lubricant manufacturing industry. With a solid track record of organizational leadership, Mr. Thwaites has developed and negotiated long-term partnerships with major global companies, closed various debt and equity financing deals, and delivered consistent growth and returns. Known for his dynamic

leadership, trustworthy and ethical approach, and keen market understanding, he has served as CEO of LSC USA and held advisory roles with the U.S. Export-Import Bank and the Petroleum Quality Institute of America.

Licenses, Permits, and Certificates: A Quick Guide

Apply for the necessary licenses, permits, and certifications at the following Agencies:

  • Plant Quarantine Produce Inspection (PQPI) Division: Contact for exportation of agricultural produce. A certified packaging facility is required. Specifications and guidelines can be obtained from PQPI.
  • Veterinary Services Division: Contact for export permits/licenses related to the following:
    • Apicultural products
    • Bee products
    • Animals and animal by-products
  • Jamaica Agricultural Commodities Regulatory Agency (JACRA): Contact for exporting the following:
    • Coffee
    • Coconut
    • Cocoa
    • Spices (including Pimento, Nutmeg, Ginger, and Turmeric).
  • Cannabis Licensing Authority (CLA): Contact for exporting the following:
    • Cannabis
    • Hemp
  • Mines and Geology Division: Contact for exporting the following minerals:
    • Bauxite
    • Limestone
    • Aggregates
    • Gravel
    • Alumina
    • Cement
    • Rock
    • Stone
    • Soil
  • National Environment and Planning Agency (NEPA): Contact for exporting the following:
    • Scrap products (metals, batteries, etc.)
    • Hazardous materials
    • Endangered species.
  • Trade Board Limited: Contact for exporting the following:
    • Scrap metal (including scrap batteries and scrap gold)
    • Coffee
    • Ammunition (explosives and firearms)
    • Plasma
    • Wood (Lignum Vitae and log wood only)
    • Jewellery (excluding those from earth metals)
    • Brown Sugar
  • Ministry of Health and Wellness: Contact for exporting pharmaceutical products.

Bureau of Standards Jamaica (BSJ): Consult with the BSJ for guidance on processed food prior to exporting. This includes information on standards, labelling and market requirements.