Day: March 30, 2021

Australian Taxation Office Business PortalAustralian Taxation Office Business Portal

However, it’s not sufficient to have a closing-down sale and take down your sign; there are several legal steps that are additionally required. Here are the organisations in Jamaica that must be knowledgeable about your corporation closure: The first step in formally cancelling your enterprise is to tell the Companies Office of Jamaica (COJ). If your business was being operated underneath a name other than your given name, you must have initially registered that name with the COJ. Similarly, you have to submit documentation with the COJ to complete the closure of your small business.

If your company nonetheless has assets and liabilities, then it would must be liquidated. This is a more sophisticated process, as a liquidator should be appointed for each voluntary and collectors’ liquidation. Your legal professional can guide you through the necessities of this legal procedure.

If your corporation had gross sales of over $three millionJMD …