FAQS

Frequently Asked Questions for Syntaxx Business Solutions

  1. What services does Syntaxx Business Solutions offer?

  • We offer a wide range of services including business registration, business bank account, accounting, tax consultation, tax preparations and filing, business planning, and more. We also sell customized stamps & seals. 

 

  1. How can I register my business with Syntaxx?

  • You can contact us through our website by chatting with us, email us at admin@syntaxxja.com or you can whatsapp/call us at 876-784-8817 to initiate the registration process. We will guide you through the necessary steps to set up your business legally and efficiently.

 

  1. How can you help me register my business?

  • We assist you in choosing the appropriate business structure (LLC, sole trader, etc.), filing the necessary documents with the Companies Office of Jamaica (COJ), getting a business bank account, filing your taxes: and, we provide consultations on how to proceed once registered.

 

  1. Do I need a business plan to register my business?

  • No you do not. However, while a business plan is not required for registration, we highly recommend having one as it helps define your goals, financial projections, and strategies.

 

  1. What are the benefits of incorporating my business?

  • Incorporating your business offers liability protection, tax benefits, credibility, and the ability to raise capital more easily.

 

  1. What is an LLC and how does it differ from a sole trader?

  • An LLC (Limited Liability Company) provides limited liability protection for its owners, while a sole trader is personally liable for business debts.

 

  1. How much does it cost to register my business with you?

  • We have packages starting as low as $12,000 for Sole traders. However, costs vary depending on the business type and registration requirements. We provide a tailored cost estimate once we know your specific needs. Please contact us for additional support. 

 

  1. How long does it take to register a business?

  • Typically, business registrations are completed within 10-14 business days. 

 

  1. Can Syntaxx help me with tax filing?

  • Yes, we provide comprehensive tax filing services for individuals and businesses, ensuring compliance with local tax laws. Book a consultation to get started. 

 

  1. Do I need to hire employees when I start my business?

  • It’s not mandatory, but if you plan to hire, we can assist with labor laws, payroll setup, and hiring procedures.

 

  1. What is the difference between a director and a shareholder?

  • A director manages the company’s operations, while shareholders own a portion of the company and are entitled to its profits.

 

  1. Can I be both the director and the shareholder of my company?

  • Yes, you can hold both roles in your business.

 

  1. Do I need a secretary for my business?

  • For LLCs and Non-Profits, yes. Depending on your business structure (especially for LLCs), having a secretary is required when handling official records and filings.

 

  1. What is an Operating Agreement?

  • An Operating Agreement is a legal document that outlines the ownership and management structure of an LLC. It’s essential for clarifying roles and responsibilities.

 

  1. How can I protect my business name?

  • You can register your business name with the Companies Office of Jamaica to secure exclusive rights to use that name within your business category.

 

  1. Can Syntaxx assist with branding and marketing?

  • Yes, we partner with other experts to provide branding, digital marketing, and advertising strategies to help your business attract and retain customers.

 

  1. What should I do if I need to change my business structure?

  • We can help you re-register your business under a new structure, whether it’s moving from a sole trader to an LLC or modifying your LLC’s operating structure.

 

  1. How can you help my business to be compliant with local laws?

  • Syntaxx helps ensure your business is compliant with all local regulations, from business registration to tax filing and employment laws.

 

  1. Do I need a business license?

  • Depending on the type of business you plan to operate, you may need to obtain specific licenses or permits. Ask us for more info.

 

  1. How do I keep my business records organized?

  • We offer accounting and bookkeeping services to help you maintain accurate financial records and stay organized.

 

  1. What taxes do I need to pay as a business owner in Jamaica?

  • As a business owner, you may need to pay income tax, GCT (General Consumption Tax), payroll taxes, and other relevant taxes depending on your business activities. Chat with us for further info!

 

  1. Can I start my business without an office?

  • Yes, many businesses start from home or operate virtually. We can guide you on legal considerations for home-based businesses.

 

  1. What’s the difference between a corporate sole trader and an LLC?

  • A corporate sole trader operates as an individual but registers as a company, while an LLC is a separate legal entity with limited liability for its owners.

 

  1. Do you help with structure & transformation?

  • Yes, we’re partnered with experts in this field who are able to provide you with the assistance needed.

 

  1. How do I build a customer base for my new business?

  • We offer marketing strategies and tools to help you identify and reach your target audience, build brand awareness, and increase sales.

 

  1. What legal documents do I need to run my business?

  • Common legal documents include business registration, operating agreements, contracts with suppliers or clients, and tax filings. We can assist in preparing these documents.

 

  1. Can I hire independent contractors instead of employees?

  • Yes, hiring independent contractors is an option. We can help you navigate the legal requirements of working with contractors.

 

  1. How do I handle customer disputes or complaints?

  • Effective communication and clear business policies are essential. We can assist in creating policies for customer service and dispute resolution.

 

  1. How do I know if my business is ready to scale?

  • We help assess your business readiness for growth through financial analysis, market research, and identifying scalable opportunities.

 

  1. Why do I need a stamp?

  • Businesses need stamps and seals to authenticate documents, meet legal or banking requirements, and project professionalism.