Jamaica Economy Profile - Doing Business 2019

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Jamaica Economy Profile - Doing Business 2019
Doing Business 2019   Jamaica

                                Economy Profile

                                Jamaica

                                                  Page 1
Jamaica Economy Profile - Doing Business 2019
Doing Business 2019       Jamaica

                                             Economy Profile of Jamaica

                                          Doing Business 2019 Indicators
                                     (in order of appearance in the document)

Starting a business                 Procedures, time, cost and paid-in minimum capital to start a limited liability company

Dealing with construction permits   Procedures, time and cost to complete all formalities to build a warehouse and the quality
                                    control and safety mechanisms in the construction permitting system

Getting electricity                 Procedures, time and cost to get connected to the electrical grid, and the reliability of the
                                    electricity supply and the transparency of tariffs

Registering property                Procedures, time and cost to transfer a property and the quality of the land administration
                                    system

Getting credit                      Movable collateral laws and credit information systems

Protecting minority investors       Minority shareholders’ rights in related-party transactions and in corporate governance

Paying taxes                        Payments, time, total tax and contribution rate for a firm to comply with all tax regulations as
                                    well as post-filing processes

Trading across borders              Time and cost to export the product of comparative advantage and import auto parts

Enforcing contracts                 Time and cost to resolve a commercial dispute and the quality of judicial processes

Resolving insolvency                Time, cost, outcome and recovery rate for a commercial insolvency and the strength of the
                                    legal framework for insolvency

Labor market regulation             Flexibility in employment regulation and aspects of job quality

                                                                                                                                       Page 2
Doing Business 2019           Jamaica

About Doing Business

The Doing Business project provides objective measures of business regulations and their enforcement across 190 economies and selected
cities at the subnational and regional level.

The Doing Business project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying
to them through their life cycle.

Doing Business captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative
indicators on regulation for starting a business, dealing with construction permits, getting electricity, registering property, getting credit,
protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also
measures features of labor market regulation. Although Doing Business does not present rankings of economies on the labor market
regulation indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business, it does
present the data for these indicators.

By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time,
Doing Business encourages economies to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves
as a resource for academics, journalists, private sector researchers and others interested in the business climate of each economy.

In addition, Doing Business offers detailed subnational reports, which exhaustively cover business regulation and reform in different cities and
regions within a nation. These reports provide data on the ease of doing business, rank each location, and recommend reforms to improve
performance in each of the indicator areas. Selected cities can compare their business regulations with other cities in the economy or region
and with the 190 economies that Doing Business has ranked.

The first Doing Business report, published in 2003, covered 5 indicator sets and 133 economies. This year’s report covers 11 indicator sets
and 190 economies. Most indicator sets refer to a case scenario in the largest business city of each economy, except for 11 economies that
have a population of more than 100 million as of 2013 (Bangladesh, Brazil, China, India, Indonesia, Japan, Mexico, Nigeria, Pakistan, the
Russian Federation and the United States) where Doing Business also collected data for the second largest business city. The data for these
11 economies are a population-weighted average for the 2 largest business cities. The project has benefited from feedback from
governments, academics, practitioners and reviewers. The initial goal remains: to provide an objective basis for understanding and improving
the regulatory environment for business around the world.

More about Doing Business (PDF, 5MB)

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Doing Business 2019               Jamaica

         Ease of Doing Business in                                                                                          DB 2019 Rank
                                               Region                 Latin America & Caribbean
                                                                                                              190                                       1
               Jamaica
                                               Income Category        Upper middle income                                             75
                                                                                                                      DB 2019 Ease of doing business score
                                               Population             2,890,299
                                                                                                               0                               100

                                               City Covered           Kingston                                                             67.47

                                                            DB 2019 Ease of Doing Business Score

                       0                                                                                                             100
                                                                                                   69.46: Puerto Rico (U.S.) (Rank: 64)

                                                                                                  67.47: Jamaica (Rank: 75)

                                                                                       59.48: Antigua and Barbuda (Rank: 112)

                                                                                       58.97: Regional Average (Latin America & Caribbean)

                                                                                  54.36: St. Kitts and Nevis (Rank: 140)

                                                                             52.71: Grenada (Rank: 147)

Note: The ease of doing business score captures the gap of each economy from the best regulatory performance observed on each of the indicators across all economies
in the Doing Business sample since 2005. An economy’s ease of doing business score is reflected on a scale from 0 to 100, where 0 represents the lowest and 100
represents the best performance. The ease of doing business ranking ranges from 1 to 190.

Rankings on Doing Business topics - Jamaica

         1       6
                                                                                 12

         28                                                                                                                                                    33

         55
                               76
         82                                                                                       89
 Rank

        109                                   115
                                                                                                              123                            127
                                                               131                                                          134
        136

        163

        190

              Starting       Dealing         Getting        Registering      Getting        Protecting       Paying        Trading         Enforcing         Resolving
                 a            with          Electricity      Property        Credit          Minority        Taxes         across          Contracts        Insolvency
              Business     Construction                                                     Investors                      Borders
                             Permits

Ease of Doing Business Score on Doing Business topics - Jamaica

        100    97.35

                                                                              85.00
        80
                              70.71                                                                                                                           69.83
                                             64.96                                                            64.79
                                                                                                                            61.54
Score

        60                                                    53.61                           55.00
                                                                                                                                             51.87

        40

        20

         0

              Starting       Dealing         Getting        Registering      Getting         Protecting      Paying        Trading          Enforcing        Resolving
                 a            with          Electricity      Property        Credit           Minority       Taxes         across           Contracts       Insolvency
              Business     Construction                                                      Investors                     Borders
                             Permits

                                                                                                                                                                         Page 4
Doing Business 2019           Jamaica

     Starting a Business

This topic measures the number of procedures, time, cost and paid-in minimum capital requirement for a small- to medium-sized limited
liability company to start up and formally operate in each economy’s largest business city.

To make the data comparable across 190 economies, Doing Business uses a standardized business that is 100% domestically owned, has
start-up capital equivalent to 10 times the income per capita, engages in general industrial or commercial activities and employs between 10
and 50 people one month after the commencement of operations, all of whom are domestic nationals. Starting a Business considers two
types of local limited liability companies that are identical in all aspects, except that one company is owned by 5 married women and the
other by 5 married men. The ranking of economies on the ease of starting a business is determined by sorting their scores for starting a
business. These scores are the simple average of the scores for each of the component indicators.

The most recent round of data collection for the project was completed in May 2018. See the methodology for more information.

 What the indicators measure                              Case study assumptions

Procedures to legally start and formally operate        To make the data comparable across economies, several assumptions about the
a company (number)                                      business and the procedures are used. It is assumed that any required information is
                                                        readily available and that the entrepreneur will pay no bribes.
• Preregistration (for example, name verification or
  reservation, notarization)
                                                        The business:
• Registration in the economy’s largest business        - Is a limited liability company (or its legal equivalent). If there is more than one type
  city
                                                        of limited liability company in the economy, the most common among domestic firms
• Postregistration (for example, social security        is chosen. Information on the most common form is obtained from incorporation
  registration, company seal)                           lawyers or the statistical office.
                                                        - Operates in the economy’s largest business city. For 11 economies the data are
• Obtaining approval from spouse to start a
  business or to leave the home to register the         also collected for the second largest business city.
  company                                               - The entire office space is approximately 929 square meters (10,000 square feet).
                                                        - Is 100% domestically owned and has five owners, none of whom is a legal entity;
• Obtaining any gender specific document for            has a start-up capital of 10 times income per capita and has a turnover of at least
  company registration and operation or national        100 times income per capita.
  identification card
                                                        - Performs general industrial or commercial activities, such as the production or sale
                                                        of goods or services to the public. The business does not perform foreign trade
Time required to complete each procedure
                                                        activities and does not handle products subject to a special tax regime, for example,
(calendar days)
                                                        liquor or tobacco. It does not use heavily polluting production processes.
• Does not include time spent gathering                 - Leases the commercial plant or offices and is not a proprietor of real estate and the
  information                                           amount of the annual lease for the office space is equivalent to the income per
                                                        capita.
• Each procedure starts on a separate day (2
  procedures cannot start on the same day)              - Does not qualify for investment incentives or any special benefits.
                                                        - Has at least 10 and up to 50 employees one month after the commencement of
• Procedures fully completed online are recorded        operations, all of whom are domestic nationals.
  as ½ day                                              - Has a company deed that is 10 pages long.
• Procedure is considered completed once final
  document is received                                  The owners:

• No prior contact with officials                       - Have reached the legal age of majority. If there is no legal age of majority, they are
                                                        assumed to be 30 years old.
Cost required to complete each procedure (% of          - Are sane, competent, in good health and have no criminal record.
income per capita)                                      - Are married and the marriage is monogamous and registered with the authorities.
                                                        - Where the answer differs according to the legal system applicable to the woman or
• Official costs only, no bribes                        man in question (as may be the case in economies where there is legal plurality), the
• No professional fees unless services required by      answer used will be the one that applies to the majority of the population.
  law or commonly used in practice

Paid-in minimum capital (% of income per
capita)

• Funds deposited in a bank or with third party
  before registration or up to 3 months after
  incorporation

                                                                                                                                                     Page 5
Doing Business 2019         Jamaica

Starting a Business - Jamaica

  Standardized Company

 Legal form                                                             Private Limited Liability Company

 Paid-in minimum capital requirement                                    JMD 0

 City Covered                                                           Kingston

  Indicator                                             Jamaica            Latin America          OECD high               Best Regulatory
                                                                           & Caribbean            income                  Performance

 Procedure – Men (number)                              2                   8.2                   4.9                      1 (New Zealand)

 Time – Men (days)                                     3                   28.5                  9.3                      0.5 (New Zealand)

 Cost – Men (% of income per capita)                   4.4                 37.8                  3.1                      0.0 (Slovenia)

 Procedure – Women (number)                            2                   8.2                   4.9                      1 (New Zealand)

 Time – Women (days)                                   3                   28.5                  9.3                      0.5 (New Zealand)

 Cost – Women (% of income per capita)                 4.4                 37.8                  3.1                      0.0 (Slovenia)

 Paid-in min. capital (% of income per capita)         0.0                 1.5                   8.6                      0.0 (117 Economies)

 Figure – Starting a Business in Jamaica and comparator economies – Ranking and Score

                                                    DB 2019 Starting a Business Score

       0                                                                                           100

                                                                                            97.35: Jamaica (Rank: 6)

                                                                                      91.23: Puerto Rico (U.S.) (Rank: 53)

                                                                                   87.26: Grenada (Rank: 85)

                                                                                  85.78: St. Kitts and Nevis (Rank: 95)

                                                                             81.74: Antigua and Barbuda (Rank: 131)

                                                                           79.40: Regional Average (Latin America & Caribbean)

Note: The ranking of economies on the ease of starting a business is determined by sorting their scores for starting a business. These scores
are the simple average of the scores for each of the component indicators.

                                                                                                                                                Page 6
Doing Business 2019   Jamaica

  Figure – Starting a Business in Jamaica – Procedure, Time and Cost

                                                   Time (days)        Cost (% of income per capita)
                3                                                                                                                        5

                                                                                                                                             Cost (% of income per capita)
               2.5
                                                                                                                                         4

                2
 Time (days)

                                                                                                                                         3

               1.5

                                                                                                                                         2
                1

                                                                                                                                         1
               0.5

                0                                                                                                                        0
                                       1                                                               2
                                                               Procedures (number)

* This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.

Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and
women, the graph shows the time for women. For more information on methodology, see the Doing Business website
(http://doingbusiness.org/en/methodology ). For details on the procedures reflected here, see the summary below.

                                                                                                                                                                             Page 7
Doing Business 2019        Jamaica

Details – Starting a Business in Jamaica – Procedure, Time and Cost

No.    Procedures                                                                         Time to Complete      Associated Costs

1     Ascertain from the Registrar of Companies whether the desired name is               1 day                 JMD 500
      available and acceptable
      Agency : Companies Office of Jamaica
      The proposed company files a Form 6 - Name Search and Name Reservation
      with the Companies Office of Jamaica to ascertain the availability of the name at
      a cost of JMD 500. It is also recommended that a name reservation be done for
      an additional JMD 3,000 to reserve the name for 90 days.

2     File the Article of Incorporation and Business Registration Form with the           2 days for next day   see procedure details
      Companies Registry Office                                                           service
      Agency : Companies Office of Jamaica
      Entrepreneurs are not required to submit forms separately to the National
      Insurance Scheme (NIS), Taxpayer Registration Number (TRN) and General
      Consumption Tax (GCT). These registrations are subsumed under the Business
      Registration Form. Only two forms are required, the Article of Incorporation form
      and the Business Registration Form.

      Cost details:
      JMD 24,000 (registration fee) + JMD 500 for stamp duty + 3,000 (next day
      processing)

Takes place simultaneously with previous procedure.

                                                                                                                                        Page 8
Doing Business 2019              Jamaica

     Dealing with Construction Permits

This topic tracks the procedures, time and cost to build a warehouse—including obtaining necessary the licenses and permits, submitting all
required notifications, requesting and receiving all necessary inspections and obtaining utility connections. In addition, the Dealing with
Construction Permits indicator measures the building quality control index, evaluating the quality of building regulations, the strength of
quality control and safety mechanisms, liability and insurance regimes, and professional certification requirements. The most recent round of
data collection was completed in May 2018. See the methodology for more information

 What the indicators measure                              Case study assumptions

Procedures to legally build a warehouse                 To make the data comparable across economies, several assumptions about the
(number)                                                construction company, the warehouse project and the utility connections are used.

• Submitting all relevant documents and obtaining       The construction company (BuildCo):
  all necessary clearances, licenses, permits and
  certificates                                          - Is a limited liability company (or its legal equivalent) and operates in the economy’s
                                                        largest business city. For 11 economies the data are also collected for the second
• Submitting all required notifications and receiving   largest business city.
  all necessary inspections
                                                        - Is 100% domestically and privately owned; has five owners, none of whom is a
• Obtaining utility connections for water and           legal entity. Has a licensed architect and a licensed engineer, both registered with
  sewerage                                              the local association of architects or engineers. BuildCo is not assumed to have any
• Registering and selling the warehouse after its       other employees who are technical or licensed experts, such as geological or
  completion                                            topographical experts.
                                                        - Owns the land on which the warehouse will be built and will sell the warehouse
Time required to complete each procedure                upon its completion.
(calendar days)
                                                        The warehouse:
• Does not include time spent gathering
  information                                           - Will be used for general storage activities, such as storage of books or stationery.
                                                        - Will have two stories, both above ground, with a total constructed area of
• Each procedure starts on a separate day—              approximately 1,300.6 square meters (14,000 square feet). Each floor will be 3
  though procedures that can be fully completed
                                                        meters (9 feet, 10 inches) high and will be located on a land plot of approximately
  online are an exception to this rule
                                                        929 square meters (10,000 square feet) that is 100% owned by BuildCo, and the
• Procedure is considered completed once final          warehouse is valued at 50 times income per capita.
  document is received                                  - Will have complete architectural and technical plans prepared by a licensed
                                                        architect. If preparation of the plans requires such steps as obtaining further
• No prior contact with officials
                                                        documentation or getting prior approvals from external agencies, these are counted
Cost required to complete each procedure (% of          as procedures.
income per capita)                                      - Will take 30 weeks to construct (excluding all delays due to administrative and
                                                        regulatory requirements).
• Official costs only, no bribes
                                                        The water and sewerage connections:
Building quality control index (0-15)
                                                        - Will be 150 meters (492 feet) from the existing water source and sewer tap. If there
• Quality of building regulations (0-2)                 is no water delivery infrastructure in the economy, a borehole will be dug. If there is
• Quality control before construction (0-1)             no sewerage infrastructure, a septic tank in the smallest size available will be
                                                        installed or built.
• Quality control during construction (0-3)             - Will have an average water use of 662 liters (175 gallons) a day and an average
• Quality control after construction (0-3)              wastewater flow of 568 liters (150 gallons) a day. Will have a peak water use of
                                                        1,325 liters (350 gallons) a day and a peak wastewater flow of 1,136 liters (300
• Liability and insurance regimes (0-2)                 gallons) a day.
• Professional certifications (0-4)                     - Will have a constant level of water demand and wastewater flow throughout the
                                                        year; will be 1 inch in diameter for the water connection and 4 inches in diameter for
                                                        the sewerage connection.

                                                                                                                                                   Page 9
Doing Business 2019           Jamaica

Dealing with Construction Permits - Jamaica

       Standardized Warehouse

    Estimated value of warehouse                                                  JMD 31,584,790.70

    City Covered                                                                  Kingston

       Indicator                                           Jamaica                   Latin America        OECD high         Best Regulatory
                                                                                     & Caribbean          income            Performance

    Procedures (number)                                    19                       15.4                  12.7              None in 2017/18

    Time (days)                                            141.5                    199.0                 153.1             None in 2017/18

    Cost (% of warehouse value)                            1.6                      3.2                   1.5               None in 2017/18

    Building quality control index (0-15)                  12.0                     8.9                   11.5              15.0 (3 Economies)

  Figure – Dealing with Construction Permits in Jamaica and comparator economies – Ranking and Score

                                                  DB 2019 Dealing with Construction Permits Score

                     0                                                                                     100

                                                                               74.62: St. Kitts and Nevis (Rank: 47)

                                                                            70.71: Jamaica (Rank: 76)

                                                                          68.14: Antigua and Barbuda (Rank: 97)

                                                                     63.48: Regional Average (Latin America & Caribbean)

                                                                    62.53: Grenada (Rank: 130)

                                                                  59.38: Puerto Rico (U.S.) (Rank: 141)

Note: The ranking of economies on the ease of dealing with construction permits is determined by sorting their scores for dealing with
construction permits. These scores are the simple average of the scores for each of the component indicators.

  Figure – Dealing with Construction Permits in Jamaica – Procedure, Time and Cost

                                                       Time (days)          Cost (% of warehouse value)
               140                                                                                                                               0.7

               120                                                                                                                               0.6
                                                                                                                                                       Cost (% of warehouse value)

               100                                                                                                                               0.5
 Time (days)

               80                                                                                                                                0.4

               60                                                                                                                                0.3

               40                                                                                                                                0.2

               20                                                                                                                                0.1

                0                                                                                                                                0
                         1   *2   *3   *4   *5   *6   *7    8        *9      10      11      12   13       14     15   16    17    18    19
                                                                    Procedures (number)

* This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.

Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and
women, the graph shows the time for women. For more information on methodology, see the Doing Business website
(http://doingbusiness.org/en/methodology ). For details on the procedures reflected here, see the summary below.

                                                                                                                                                                                     Page 10
Doing Business 2019                      Jamaica

Figure – Dealing with Construction Permits in Jamaica and comparator economies – Measure of Quality

              15

                               12.0                                                                  12.0

Index score
              10                                      9.0                                                                                          8.9
                                                                                                                            7.0
                                                                              5.0
                  5

                  0

                             Jamaica           Antigua and Barbuda         Grenada           Puerto Rico (U.S.)       St. Kitts and Nevis Latin America & Caribbean

Details – Dealing with Construction Permits in Jamaica – Procedure, Time and Cost

  No.                 Procedures                                                                                  Time to Complete       Associated Costs

1                     Obtain a certified copy of the property title                                           1 day                     JMD 1,000
                      Agency : Jamaican Land Registry
                      One of the requirements to obtain a building permit is to provide a proof of
                      ownership. This document must be a certified copy of the property title.

              2       Obtain a soil test study                                                                25 days                   JMD 150,000
                      Agency : Private firm
                      Based on The Kingston and St. Andrews Building Act LN/42/1995, a soil test is
                      required for the foundation of a warehouse.

              3       Obtain results of topographical survey                                                  25 days                   JMD 100,000
                      Agency : Private/ commissioned land surveyor
                      A topographical survey is required for the site plan, which is one of the
                      requirement to obtain a building permit (Article 25 of the Building Act of Kingston
                      and St. Andrews). The Site plan must show the contour lines for Gradient 15
                      degrees (1:4) and over where the land is susceptible to flooding and landslide
                      (existing land contours at a maximum of 3m increments or as required by your
                      Local Planning Authority).

                      The certified property title is needed to obtain this survey.

              4       Hold pre-application consultation/facilitation meeting with DAC                         14 days                   no charge
                      Agency : Development Assistance Centre
                      Development Assistance Centre (DAC) now assists in pre-Application
                      evaluation and gives guidance on the technical requirements that will support the
                      application. The DAC may also call meetings between all of the relevant
                      government agencies to allow them to review and provide guidance and
                      comments. The response will include an indication of any potential issues
                      identified and a Technical Information Document (TID) which details the relevant
                      guidelines that are to be followed to streamline and process the application.
                      Once the pre-consultation has been done and the TID provided, the applicant is
                      then advised to use the guidance to formalize the project, the DAC also offers to
                      review the resultant application and submission for completeness prior to
                      submission. Once satisfied the application is submitted in to the Development
                      Application Review Process.

              5       Obtain a property tax certificate                                                       1 day                     no charge
                      Agency : Tax Administration Jamaica
                      : It is now a mandatory requirement when applying for a building permit to also
                      submit a property Tax certificate to show that the owner is up to date with all
                      property taxes. The owner will go to the ax authority with all the property tax
                      receipts and request a certificate showing that there are no outstanding property
                      tax to be paid.

              6       Obtain sewage permit to connect to public sewage                                        7 days                    JMD 5,000
                      Agency : National Water Commission
                      Before a formal application for the building permit can be submitted, it is
                      important to obtain a sewage permit. This will show that both water and sewage
                      are available in this area. The architect/engineer must show how the connection
                      to sewage will be done and this plan will be approved by NWC. When the
                      certificate letter is obtained, there is a fee of JMD 5000 to be paid.

              7       Obtain fire approval certificate                                                        7 days                    JMD 4,000
                      Agency : Jamaica Fire Brigade
                      Before a formal application for the building permit can be submitted, it is
                      important to obtain a clearance certificate from the Fire Brigade.

                                                                                                                                                                      Page 11
Doing Business 2019            Jamaica

8       Obtain approval of building plans by KSAC                                              90 days    JMD 181,078
        Agency : Municipal Authority (KSAC) Kingston & St. Andrew Corporation
        BuildCo must obtain approval of building plans from the Planning Authority, the
        Fire Department, the National Environment and Planning Agency (NEPA), and
        other authorities concerned. Several documents are required to obtain this
        approval, including a property title and proof of ownership. Approval is valid for 2
        years and can be renewed.

        To obtain approval, BuildCo files the drawings with the municipality. Four
        meetings are held to review the drawings:
        • Fire
        • Health
        • Road
        • A general meeting after all others are completed and NEPA approval is
        received

        Each meeting has a set date, normally one per week sequentially. If there is a
        holiday, the meeting will be postponed. If BuildCo misses a meeting, the whole
        process will be prolonged.

    9   Obtain approval from the National Environment and Planning Agency                      20 days    JMD 2,000
        (NEPA)
        Agency : National Environmental Protection Agency
        Meanwhile, BuildCo files the same document with the National Environment and
        Planning Agency (NEPA) for approval of the plans. In simple cases, the approval
        takes 10 workings days. In complicated cases, an environmental impact
        assessment is required and approval might take much longer. BuildCo files
        NEPA's approval with the municipality.

10      Notify the Municipality of the commencement of work                                    1 day      no charge
        Agency : Municipal Authority (KSAC) Kingston & St. Andrew Corporation
        BuildCo must inform the Municipal Authority (KSAC) Kingston & St. Andrew
        Corporation when the construction work will start.

11      Request and receive excavation inspection from KSAC                                    1 day      no charge
        Agency : Municipal Authority (KSAC) Kingston & St. Andrew Corporation
        BuildCo sends a written notification enclosed with the project approval number to
        the building authority 3 days in advance of the excavation inspection. If the
        inspector comes on schedule, construction work does not have to stop.

12      Request and receive foundation steel inspection from KSAC                              1 day      no charge
        Agency : Municipal Authority (KSAC) Kingston & St. Andrew Corporation

13      Request and receive beam and roof inspection                                           1 day      no charge
        Agency : Municipal Authority (KSAC) Kingston & St. Andrew Corporation

14      Request and receive inspection by the Fire Brigade                                     1 day      no charge
        Agency : Jamaica Fire Brigade
        The Jamaica Fire Brigade will conduct an inspection of the warehouse to ensure
        that reasonable steps are taken for the prevention of fire and for protection
        against the dangers of fire. This is a pre-condition to requesting the final
        inspection by the Building Control Department.

15      Request and receive inspection by the Ministry of Environmental Health                 1 day      no charge
        Agency : Ministry of Environmental Health
        An inspection by the Ministry of Environmental Health stating that the building is
        in compliance with the environmental health standards is a prerequisite to
        requesting the final inspection by the Building Control Department.

16      Request and receive final inspection                                                   1 day      no charge
        Agency : Building Control Department
        BuildCo must submit a completion form and send to the Building Control
        Department to receive the final inspection once the Jamaica Fire Brigade and the
        Ministry of Environmental Health have both inspected the building. It will be the
        responsibility of the architect and engineer to issue the certificate of compliance
        once the final inspection is over.

17      Apply for water and sewage connection                                                  0.5 days   no charge
        Agency : National Water Commission
        Updated requirements for obtaining water and sewage connections were issued
        by the National Water Commission (NWC) in May 2011. It is necessary to make
        a deposit when applying for the connection - the amount depends on whether or
        not the layout of the pipes are conducted by a private contractor or by NWC.

18      Receive inspection from the National Water Commission to assess the cost               1 day      no charge
        of connection
        Agency : National Water Commission

                                                                                                                        Page 12
Doing Business 2019        Jamaica

19    Obtain water and sewage connection              16 days   JMD 55,000
      Agency : National Water Commission

Takes place simultaneously with previous procedure.

                                                                             Page 13
Doing Business 2019         Jamaica

Details – Dealing with Construction Permits in Jamaica – Measure of Quality

                                                                                                      Answer               Score

Building quality control index (0-15)                                                                                      12.0

Quality of building regulations index (0-2)                                                                                2.0

  How accessible are building laws and regulations in your economy? (0-1)                             Available online;    1.0
                                                                                                      Free of charge.

  Which requirements for obtaining a building permit are clearly specified in the building            List of required     1.0
  regulations or on any accessible website, brochure or pamphlet? (0-1)                               documents; Fees
                                                                                                      to be paid;
                                                                                                      Required
                                                                                                      preapprovals.

Quality control before construction index (0-1)                                                                            1.0

  Which third-party entities are required by law to verify that the building plans are in             Licensed             1.0
  compliance with existing building regulations? (0-1)                                                architect;
                                                                                                      Licensed
                                                                                                      engineer.

Quality control during construction index (0-3)                                                                            2.0

  What types of inspections (if any) are required by law to be carried out during construction?       Inspections at       2.0
  (0-2)                                                                                               various phases;
                                                                                                      Risk-based
                                                                                                      inspections.

  Do legally mandated inspections occur in practice during construction? (0-1)                        Mandatory            0.0
                                                                                                      inspections are
                                                                                                      not always done
                                                                                                      in practice during
                                                                                                      construction;
                                                                                                      Mandatory
                                                                                                      inspections are
                                                                                                      done most of the
                                                                                                      time during
                                                                                                      construction.

Quality control after construction index (0-3)                                                                             2.0

  Is there a final inspection required by law to verify that the building was built in accordance     Yes, final           2.0
  with the approved plans and regulations? (0-2)                                                      inspection is
                                                                                                      done by
                                                                                                      government
                                                                                                      agency.

  Do legally mandated final inspections occur in practice? (0-1)                                      Final inspection     0.0
                                                                                                      does not always
                                                                                                      occur in practice;
                                                                                                      Final inspection
                                                                                                      occurs most of
                                                                                                      the time.

Liability and insurance regimes index (0-2)                                                                                1.0

  Which parties (if any) are held liable by law for structural flaws or problems in the building      Architect or         1.0
  once it is in use (Latent Defect Liability or Decennial Liability)? (0-1)                           engineer;
                                                                                                      Professional in
                                                                                                      charge of the
                                                                                                      supervision;
                                                                                                      Construction
                                                                                                      company.

  Which parties (if any) are required by law to obtain an insurance policy to cover possible          No party is          0.0
  structural flaws or problems in the building once it is in use (Latent Defect Liability Insurance   required by law
  or Decennial Insurance)? (0-1)                                                                      to obtain
                                                                                                      insurance .

Professional certifications index (0-4)                                                                                    4.0

                                                                                                                                   Page 14
Doing Business 2019         Jamaica

 What are the qualification requirements for the professional responsible for verifying that the   Minimum number       2.0
 architectural plans or drawings are in compliance with existing building regulations? (0-2)       of years of
                                                                                                   experience;
                                                                                                   University degree
                                                                                                   in architecture or
                                                                                                   engineering;
                                                                                                   Being a
                                                                                                   registered
                                                                                                   architect or
                                                                                                   engineer.

 What are the qualification requirements for the professional who supervises the construction      Minimum number       2.0
 on the ground? (0-2)                                                                              of years of
                                                                                                   experience;
                                                                                                   University degree
                                                                                                   in engineering,
                                                                                                   construction or
                                                                                                   construction
                                                                                                   management;
                                                                                                   Being a
                                                                                                   registered
                                                                                                   architect or
                                                                                                   engineer.

                                                                                                                              Page 15
Doing Business 2019              Jamaica

     Getting Electricity

This topic measures the procedures, time and cost required for a business to obtain a permanent electricity connection for a newly
constructed warehouse. Additionally, the reliability of supply and transparency of tariffs index measures reliability of supply, transparency of
tariffs and the price of electricity. The most recent round of data collection for the project was completed in May 2018. See the methodology
for more information.

 What the indicators measure                                Case study assumptions

Procedures to obtain an electricity connection             To make the data comparable across economies, several assumptions about the
(number)                                                   warehouse, the electricity connection and the monthly consumption are used.

• Submitting all relevant documents and obtaining          The warehouse:
  all necessary clearances and permits
                                                           - Is owned by a local entrepreneur and is used for storage of goods.
• Completing all required notifications and                - Is located in the economy’s largest business city. For 11 economies the data are
  receiving all necessary inspections
                                                           also collected for the second largest business city.
• Obtaining external installation works and possibly       - Is located in an area where similar warehouses are typically located and is in an
  purchasing material for these works                      area with no physical constraints. For example, the property is not near a railway.
                                                           - Is a new construction and is being connected to electricity for the first time.
• Concluding any necessary supply contract and
                                                           - Has two stories with a total surface area of approximately 1,300.6 square meters
  obtaining final supply
                                                           (14,000 square feet). The plot of land on which it is built is 929 square meters
Time required to complete each procedure                   (10,000 square feet).
(calendar days)
                                                           The electricity connection:
• Is at least 1 calendar day
                                                           - Is a permanent one with a three-phase, four-wire Y connection with a subscribed
• Each procedure starts on a separate day                  capacity of 140-kilo-volt-ampere (kVA) with a power factor of 1, when 1 kVA = 1
• Does not include time spent gathering                    kilowatt (kW).
  information                                              - Has a length of 150 meters. The connection is to either the low- or medium-voltage
                                                           distribution network and is either overhead or underground, whichever is more
• Reflects the time spent in practice, with little         common in the area where the warehouse is located and requires works that involve
  follow-up and no prior contact with officials
                                                           the crossing of a 10-meter road (such as by excavation or overhead lines) but are all
Cost required to complete each procedure (% of             carried out on public land. There is no crossing of other owners’ private property
income per capita)                                         because the warehouse has access to a road.
                                                           - Does not require work to install the internal wiring of the warehouse. This has
• Official costs only, no bribes                           already been completed up to and including the customer’s service panel or
• Value added tax excluded                                 switchboard and the meter base.

The reliability of supply and transparency of              The monthly consumption:
tariffs index (0-8)
                                                           - It is assumed that the warehouse operates 30 days a month from 9:00 a.m. to 5:00
• Duration and frequency of power outages (0–3)            p.m. (8 hours a day), with equipment utilized at 80% of capacity on average and that
• Tools to monitor power outages (0–1)                     there are no electricity cuts (assumed for simplicity reasons) and the monthly energy
                                                           consumption is 26,880 kilowatt-hours (kWh); hourly consumption is 112 kWh.
• Tools to restore power supply (0–1)                      - If multiple electricity suppliers exist, the warehouse is served by the cheapest
• Regulatory monitoring of utilities’ performance          supplier.
  (0–1)                                                    - Tariffs effective in January of the current year are used for calculation of the price of
                                                           electricity for the warehouse. Although January has 31 days, for calculation
• Financial deterrents limiting outages (0–1)              purposes only 30 days are used.
• Transparency and accessibility of tariffs (0–1)
Price of electricity (cents per kilowatt-hour)*

• Price based on monthly bill for commercial
  warehouse in case study

*Note: Doing Business measures the price of
electricity, but it is not included in the ease of doing
business score nor the ranking on the ease of
getting electricity.

                                                                                                                                                         Page 16
Doing Business 2019           Jamaica

Getting Electricity - Jamaica

  Standardized Connection

 Price of electricity (US cents per kWh)                                  22.3

 Name of utility                                                          Jamaica Public Service Co. Ltd.

 City Covered                                                             Kingston

  Indicator                                              Jamaica              Latin America          OECD high           Best Regulatory
                                                                              & Caribbean            income              Performance

 Procedures (number)                                     7                   5.5                   4.5                   3 (25 Economies)

 Time (days)                                             95                  65.5                  77.2                  18 (3 Economies)

 Cost (% of income per capita)                           203.9               946.3                 64.2                  0.0 (3 Economies)

 Reliability of supply and transparency of tariff        5                   4.3                   7.5                   8.0 (27 Economies)
 index (0-8)

 Figure – Getting Electricity in Jamaica and comparator economies – Ranking and Score

                                                       DB 2019 Getting Electricity Score

        0                                                                                            100

                                                                                 80.39: Antigua and Barbuda (Rank: 63)

                                                                         73.43: Puerto Rico (U.S.) (Rank: 88)

                                                                         73.34: Grenada (Rank: 89)

                                                                      70.59: Regional Average (Latin America & Caribbean)

                                                                      70.11: St. Kitts and Nevis (Rank: 102)

                                                                  64.96: Jamaica (Rank: 115)

Note: The ranking of economies on the ease of getting electricity is determined by sorting their scores for getting electricity. These scores are
the simple average of the scores for all the component indicators except the price of electricity.

                                                                                                                                                    Page 17
Doing Business 2019      Jamaica

  Figure – Getting Electricity in Jamaica – Procedure, Time and Cost

                                                    Time (days)       Cost (% of income per capita)
                                                                                                                                          180
                   90
                                                                                                                                          160

                                                                                                                                                Cost (% of income per capita)
                   80
                                                                                                                                          140
                   70
                                                                                                                                          120
                   60
 Time (days)

                                                                                                                                          100
                   50

                                                                                                                                          80
                   40

                   30                                                                                                                     60

                   20                                                                                                                     40

                   10                                                                                                                     20

                   0                                                                                                                      0
                        1           2                   3             *4                5                   6                  7
                                                              Procedures (number)

* This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.

Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and
women, the graph shows the time for women. For more information on methodology, see the Doing Business website
(http://doingbusiness.org/en/methodology ). For details on the procedures reflected here, see the summary below.

  Figure – Getting Electricity in Jamaica and comparator economies – Measure of Quality

                   8
                   7
                   6
     Index score

                            5
                   5                                                                                                               4.3
                                            4
                   4
                                                              3                     3
                   3
                   2
                   1
                                                                                                             0
                   0

                        Jamaica   Antigua and Barbuda       Grenada          Puerto Rico (U.S.)       St. Kitts and Nevis Latin America & Caribbean

                                                                                                                                                                                Page 18
Doing Business 2019          Jamaica

Details – Getting Electricity in Jamaica – Procedure, Time and Cost

No.     Procedures                                                                            Time to Complete   Associated Costs

1       Submit electrical design to Government Electrical Inspector (GEI) for                 7 calendar days    JMD 0
        approval
        Agency : Government Electrical Inspectorate

2       Electrical contractor applies for Govt. of Jamaica Electrical Dept (GEI)              1 calendar day     JMD 16,000
        Inspection Certificate
        Agency : The Govt. of Jamaica Electrical Dept. (GEI) offices
        When the service order is generated, the parish office is informed and a team
        dispatched to conduct site visit which includes easement needed to ensure that
        construction process will not be held up and time and other resources are not
        spent unnecessarily. The findings from the inspection will be entered into a
        database that has predefined measurements based on the regular, current and
        projected factors that facilitate the successful completion of any particular job.
        The result will determine the final cost. Via Registered Licensed Electrician, the
        relevant inspection fees are paid at the Government Collectorate Office. Payment
        receipt accompanied with the relevant application forms are submitted to GEI's
        office for review and site inspection. Inspection is scheduled with the Electrician
        (normally done within 2 weeks).

3       Receive internal wiring inspection by GEI and await preparation of report             21 calendar days   JMD 0
        Agency : The Govt. of Jamaica Electrical Dept. (GEI) offices
        The inspector conducts the internal wiring inspection based on the Jamaican 21
        standard. If the customer premises structure of internal wiring used is accepted,
        the record of the inspection and results is recorded and the relevant information
        based on size, type and location of customer premises is sent to JPS. In cases
        where the internal wiring is not accepted, the customer is informed and has to
        restart the process.

    4   Submit application to JPSCo and await site visit                                      7 calendar days    JMD 0
        Agency : Jamaica Public Service Company
        At the Application stage, applicants are only required to submit an application
        letter stating the following: Name & Contact details, address where service is
        required, when service is required, load details of major equipment, to be used in
        new/expanded facility - rating in kilovolt amperes (kVA) or ampere (A) units. Also
        where applicable, the applicant should state details of load balancing for a 3
        phase supply ( a single line drawing and copies of GEI Report/Certificate is
        normally accepted, but is not a requirement at this stage of the process).

5       Receive site inspection by JPSCo and await estimate                                   10 calendar days   JMD 0
        Agency : Jamaica Public Service Company
        When the service order is generated, the Engineering Team is informed in the
        case of complex connections to conduct a site visit. The site visit is conducted to
        determine the site layout and the requirements that will have to be met to supply
        the customer with electricity. Requirements include number of poles,
        transformers, length of conductor among other items that will be needed. A
        drawing is prepared of the site layout, to outline to the Easement team, any
        situations that may require legal action or reference and the reasoning behind
        such action; as well as the Construction Team, to facilitate the successful
        execution of the development process. The findings from the site visit will be
        entered into an application that has predefined measurements based on the
        regular, current and projected factors that facilitate the successful completion of
        any particular job. The result will determine the final estimate. This cost is
        communicated to the customer. [This particular case is not considered as such to
        warrant the inclusion of easement costs in total estimate, but in a many cases, a
        provision is made for such costs when an electrical equipment other than a
        service wire may need to be placed on a customer's or connecting customer's
        premises to successfully execute the construction process].
        In short, the process is as below:
        1. Engineering team conducts site inspection and determines site layout and
        other requirements to meet customer's supply needs.
        2. A drawing of the site layout is prepared and easement requirements noted,
        where necessary.
        3. Estimate reflecting the costs for material and labour is prepared.
        4. This cost is communicated to the customer.

6       Purchase material and obtain external works from electrician                          7 calendar days    JMD 250,000
        Agency : Electrical Contractor
        There is some external connection works which the customer needs to do, This
        is basically the external wiring up to point of connection provided by utility, a
        panel board, switchboard, and cables.

                                                                                                                                    Page 19
Doing Business 2019           Jamaica

7     Pay security deposit, receive external works, meter installation and                        49 calendar days   JMD 1,021,965.85
      electricity flow from utility
      Agency : Jamaica Public Service Company
      1. Once the customer pays the construction estimate, JPS carries out the
      necessary construction works and external connections.
      2. JPS invites the GEI to inspect and certify works completed.
      3. It is at this stage that GEI certification for the customer facility is also required.
      Such certification is normally submitted directly to JPS from the GEI's Office.
      4. Upon confirmation of GEI certification for both the customer's facility and JPS
      works carried out, the customer is asked to pay the security deposit and provide
      any other outstanding documentation to complete the supply contract.
      5. Customer signs contract, meter is installed and electricity starts flowing.

Takes place simultaneously with previous procedure.

                                                                                                                                        Page 20
Doing Business 2019           Jamaica

 Details – Getting Electricity in Jamaica – Measure of Quality

                                                                                                                           Answer

 Reliability of supply and transparency of tariff index (0-8)                                                              5

 Total duration and frequency of outages per customer a year (0-3)                                                         0

    System average interruption duration index (SAIDI)                                                                     46.2

    System average interruption frequency index (SAIFI)                                                                    19.5

    What is the minimum outage time (in minutes) that the utility considers for the calculation of SAIDI/SAIFI             5.0

 Mechanisms for monitoring outages (0-1)                                                                                   1

    Does the distribution utility use automated tools to monitor outages?                                                  Yes

 Mechanisms for restoring service (0-1)                                                                                    1

    Does the distribution utility use automated tools to restore service?                                                  Yes

 Regulatory monitoring (0-1)                                                                                               1

    Does a regulator—that is, an entity separate from the utility—monitor the utility’s performance on reliability of      Yes
    supply?

 Financial deterrents aimed at limiting outages (0-1)                                                                      1

    Does the utility either pay compensation to customers or face fines by the regulator (or both) if outages              Yes
    exceed a certain cap?

 Communication of tariffs and tariff changes (0-1)                                                                         1

    Are effective tariffs available online?                                                                                Yes

    Link to the website, if available online                                                                               https://www.jpsco.co
                                                                                                                           m/wp-
                                                                                                                           content/uploads/JPS
                                                                                                                           -RateSchedule-
                                                                                                                           2015.pdf

    Are customers notified of a change in tariff ahead of the billing cycle?                                               Yes

Note:

If the duration and frequency of outages is 100 or less, the economy is eligible to score on the Reliability of supply and transparency of tariff
index.

If the duration and frequency of outages is not available, or is over 100, the economy is not eligible to score on the index.

If the minimum outage time considered for SAIDI/SAIFI is over 5 minutes, the economy is not eligible to score on the index.

                                                                                                                                                    Page 21
Doing Business 2019           Jamaica

     Registering Property

This topic examines the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to
purchase land and a building that is already registered and free of title dispute. In addition, the topic also measures the quality of the land
administration system in each economy. The quality of land administration index has five dimensions: reliability of infrastructure, transparency
of information, geographic coverage, land dispute resolution, and equal access to property rights. The most recent round of data collection for
the project was completed in May 2018. See the methodology for more information.

 What the indicators measure                               Case study assumptions

Procedures to legally transfer title on                  To make the data comparable across economies, several assumptions about the
immovable property (number)                              parties to the transaction, the property and the procedures are used.

• Preregistration procedures (for example,               The parties (buyer and seller):
  checking for liens, notarizing sales agreement,
  paying property transfer taxes)                        - Are limited liability companies (or the legal equivalent).
                                                         - Are located in the periurban area of the economy’s largest business city. For 11
• Registration procedures in the economy's largest       economies the data are also collected for the second largest business city.
  business city.
                                                         - Are 100% domestically and privately owned.
• Postregistration procedures (for example, filling      - Have 50 employees each, all of whom are nationals.
  title with municipality)                               - Perform general commercial activities.

Time required to complete each procedure                 The property (fully owned by the seller):
(calendar days)
                                                         - Has a value of 50 times income per capita, which equals the sale price.
• Does not include time spent gathering                  - Is fully owned by the seller.
  information                                            - Has no mortgages attached and has been under the same ownership for the past
• Each procedure starts on a separate day -              10 years.
  though procedures that can be fully completed          - Is registered in the land registry or cadastre, or both, and is free of title disputes.
  online are an exception to this rule                   - Is located in a periurban commercial zone, and no rezoning is required.
                                                         - Consists of land and a building. The land area is 557.4 square meters (6,000
• Procedure is considered completed once final           square feet). A two-story warehouse of 929 square meters (10,000 square feet) is
  document is received
                                                         located on the land. The warehouse is 10 years old, is in good condition, has no
• No prior contact with officials                        heating system and complies with all safety standards, building codes and legal
                                                         requirements. The property, consisting of land and building, will be transferred in its
Cost required to complete each procedure (% of           entirety.
property value)                                          - Will not be subject to renovations or additional construction following the purchase.
                                                         - Has no trees, natural water sources, natural reserves or historical monuments of
• Official costs only (such as administrative fees,
  duties and taxes).                                     any kind.
                                                         - Will not be used for special purposes, and no special permits, such as for
• Value Added Tax, Capital Gains Tax and illicit         residential use, industrial plants, waste storage or certain types of agricultural
  payments are excluded                                  activities, are required.
                                                         - Has no occupants, and no other party holds a legal interest in it.
Quality of land administration index (0-30)

• Reliability of infrastructure index (0-8)
• Transparency of information index (0–6)
• Geographic coverage index (0–8)
• Land dispute resolution index (0–8)
• Equal access to property rights index (-2–0)

                                                                                                                                                     Page 22
Doing Business 2019      Jamaica

Registering Property - Jamaica

       Indicator                                             Jamaica                Latin America         OECD high       Best Regulatory
                                                                                    & Caribbean           income          Performance

    Procedures (number)                                     8                      7.2                   4.7              1 (4 Economies)

    Time (days)                                             19                     63.3                  20.1             1 (New Zealand)

    Cost (% of property value)                              9.8                    5.8                   4.2              0.0 (Saudi Arabia)

    Quality of the land administration index (0-30)         14.0                   11.9                  23.0             None in 2017/18

  Figure – Registering Property in Jamaica and comparator economies – Ranking and Score

                                                         DB 2019 Registering Property Score

                    0                                                                                     100

                                                                56.63: Antigua and Barbuda (Rank: 120)

                                                             55.25: Regional Average (Latin America & Caribbean)

                                                            53.61: Jamaica (Rank: 131)

                                                         50.14: Grenada (Rank: 146)

                                                      46.14: Puerto Rico (U.S.) (Rank: 159)

                                      28.80: St. Kitts and Nevis (Rank: 185)

Note: The ranking of economies on the ease of registering property is determined by sorting their scores for registering property. These
scores are the simple average of the scores for each of the component indicators.

  Figure – Registering Property in Jamaica – Procedure, Time and Cost

                                                         Time (days)           Cost (% of property value)
                                                                                                                                               10
               18

               16

                                                                                                                                                    Cost (% of property value)
                                                                                                                                               8
               14

               12
 Time (days)

                                                                                                                                               6
               10

               8
                                                                                                                                               4

               6

               4                                                                                                                               2

               2

               0                                                                                                                               0
                        1        *2               3                 4                *5               6               7             8
                                                                    Procedures (number)

* This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.

Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and
women, the graph shows the time for women. For more information on methodology, see the Doing Business website
(http://doingbusiness.org/en/methodology ). For details on the procedures reflected here, see the summary below.

                                                                                                                                                                                 Page 23
Doing Business 2019                      Jamaica

Figure – Registering Property in Jamaica and comparator economies – Measure of Quality

              30

              25
Index score                                          19.0
              20

              15              14.0                                                                 13.5
                                                                                                                                                  11.9
              10                                                                                                            9.0
                                                                             7.0
                  5

                  0

                             Jamaica          Antigua and Barbuda         Grenada            Puerto Rico (U.S.)       St. Kitts and Nevis Latin America & Caribbean

Details – Registering Property in Jamaica – Procedure, Time and Cost

  No.                 Procedures                                                                                  Time to Complete       Associated Costs

1                     Obtain a Title Search Certificate that shows all encumbrances on the                    2 days                    JMD 1,500; (Title
                      property and a copy of the Title at the National Land Agency                                                      Search Certificate =
                      Agency : National Land Agency                                                                                     JMD 1000 & Copy of
                      The lawyer carries out a title search and obtains a copy at the National Land
                                                                                                                                        Land Title JMD 500.)
                      Agency (costs JMD 500). Furthermore it is a common practice to request a Title
                      Search Certificate to verify all encumbrances, liens or caveats registered or
                      attached to the title (costs JMD 1,000). It is best practice to request both a copy
                      title and search certificate.

                      The title search can be done electronically by the lawyer (for an additional fee)
                      and the cost, by law, is born by the purchaser (Conveyancing Act). The caveat
                      search can now be done online at https://www.elandjamaica.gov.jm

                      However, the Title Search Certificate cannot be obtained online, as it must be
                      duly stamped by the National Land Agency. The certificate provides more legal
                      security as it provides comprehensive information of all registered encumbrances
                      that affect the property which are guaranteed by the National Land Agency at the
                      moment of expedition of the certificate. It takes between 2 and 5 days to obtain
                      the certificate. The National Land Agency does not notify when the certificate has
                      been issued so users have to follow up on a regular basis to retrieve the
                      certificate.

              2       Verification that the Company is properly registered with the Registrar of              Less than one day,        JMD 1,000
                      Companies                                                                               online
                      Agency : Registrar of Companies
                      The attorney-at-law submits to the Registrar of Titles a sworn affidavit (standard
                      form) that the company is properly registered at the Company registry. Since
                      2014, the Registrar of Titles does the verification and no longer requires the
                      certificate's submission. However, it is still common practice for attorneys to
                      obtain and submit the document.
                      It is possible to verify if the company is active in
                      http://www.orcjamaica.com/search/viewdocumentsplus.asp

3                     Obtain a certificate of payment of property taxes from the Inland Revenue               1 day                     no charge
                      Department
                      Agency : Inland Revenue Department
                      The parties need to submit a certificate of payment of property taxes to obtain the
                      Stamp Commissioner’s certificate.

                      A statement showing the property taxes payable/ that no taxes are payable is
                      available online at https://www.jamaicatax.gov.jm/property-tax-query. However,
                      the Stamp Office does not accept this statement for the purposes of assessing
                      the Agreement for taxes payable on the sale and requires the above mentioned
                      certificate.

4                     Assessment of tax and duties at the Government Stamp Office                             7 days                    no charge
                      Agency : Tax Administration Jamaica
                      A signed Agreement for Sale (AFS) is sent for assessment of duties at the Tax
                      Payer Audit & Assessment Department of the National Tax Authority. The
                      documents must have a properly completed Stamping Requisition Form (Form1
                      – Regulation 3) and Taxpayer Registration Number (TRN) for the applicant and
                      all parties to the transaction.

                      Turn around time for the assessment of taxes payable on the sale can range
                      from a short 7 days to as long as 30 days in some instances. Longer periods
                      normally happen when the Stamp Office sends inspectors to conduct a site visit
                      to determine whether the purchase price payable in the sale is above or below
                      market value.

                                                                                                                                                                      Page 24
Doing Business 2019            Jamaica

    5   Obtain a Surveyor’s Identification Report                                                 7 days   JMD 80,000
        Agency : Commissioned Land Surveyor
        The parties need to obtain a surveyor's identification report (SIR) from a
        commissioned land surveyor. The SIR is not mandated by law, but done in
        practice for due diligence purposes.

        The SIR is carried out on a property to determine whether building
        encroachments have been made on a boundary or neighboring property. The
        SIR includes the following information about the property: the volume and folio
        numbers; the lot number and deposit plan number (if any); the physical address
        and name stated on the property title. The surveyor also states if the boundary is
        in general agreement with the registered boundary, if the restrictive covenants
        have been checked and if there are any breaches of these covenants.He also
        states if there is any evidence of an easement on the property as well as if there
        are buildings on the property. Mention is made as to the nature of the boundary,
        whether it is open or the type of fence around the perimeter. The report includes
        a sketch plan showing the property and what unit of measurement is used.

        Preparing the report generally also attracts General Consumption Tax of 16.5%
        (not included when calculating the costs of this procedure).

6       Attorney witnesses the transfer instrument                                                1 day    No cost if the attorney
        Agency : Attorneys' Office                                                                         or the justice of
        The transfer instrument needs to be witnessed, according to section 152 of the                     peace witness the
        Registration of Title Act (Attestation of Instrument), by any of the following: the
                                                                                                           transfer.
        Governor-General, any of the Judges of the Supreme Court, or any Justice of the
                                                                                                           USD 50 if a notary
        Peace, or the Registrar under this Act, or a Notary Public, or a Solicitor of the
                                                                                                           public witnesses the
        Supreme Court. The instrument of transfer must be witnessed prior to submitting
        the document to cross stamping, and before submitting for registration at the                      transfer
        Land Registry. The Act lists several functionaries including the Justice of the
        Peace and Attorney of Law and Notary Public. The Notary Public charges a fee
        but the Justice of Peace does not charge a fee. A notary will charge around 50
        USD for this operation. If a lawyer is involved in the entire process, he can act as
        a witness.

7       Tax and duties are paid at the National Tax authority and the transfer                    5 days   JMD 2,842,631.16;
        instrument is crossed-stamped                                                                      (5% of property value
        Agency : Tax Administration Jamaica                                                                (Transfer Tax) + 4%
        Payments of Stamp Duty and Transfer Tax may be paid using Cash/Certified
                                                                                                           of property value
        Manager’s Cheque/Debit or Credit Card/Letter of Undertaking or Bank
                                                                                                           (Stamp Duty))
        Guarantee. Once all payments are made, the Transfer Instrument is prepared
        and witnessed, in accordance to Article 152 of the Registration of Title Act. This
        Transfer Instrument is then sent for cross-stamping at the Stamp Office. The
        stamped Agreement for Sale (AFS) needs to be attached as a proof of payment
        to the instrument of transfer. Cross stamping is important as the Registrar of
        Titles will not accept the Transfer Instrument unless it is cross stamped. For all
        document that must be stamped, a TRN number must be provided.
        A Transfer Tax Certificate is obtained which must be submitted to the Registrar
        of Titles.
        http://www.jamaicatax.gov.jm/home_template.php?
        page=StampDutyAndTransferTax#Assess_Collect

        It is required by law that the Vendor pay the transfer tax on the sale in its entirety.
        It is customary that the Vendor and Purchaser each pay a half of the stamp duty
        which will work out to be 2% each.

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