PROFITS & DIVIDENDS SERVICES LIMITED offers the following:

* REGISTRATION OF BUSINESS NAMES

For sole traders wishing to use a business name to operate without establishing a company, we will prepare the required documents and obtain the necessary Certificate of Registration as required by the Registration of Business Names Act.

* INCORPORATION OF COMPANY

For individuals wishing to form a limited liability company we will prepare the required documentation and obtain the requisite Certificate of Incorporation from the Registrar of Companies.

* REGISTRATION OF OVERSEAS COMPANIES

For overseas clients who are interested in registering a branch or an affiliate of their operations in Jamaica we will prepare and file the documents necessary to facilitate them operating locally.

* ASSISTANCE WITH WORK PERMIT APPLICATIONS

For non-resident directors of companies incorporated by us we will provide assistance in preparing work permit applications.

* CORPORATE SECRETARIAL SERVICES:

The Jamaican Companies Act, requires a company to maintain certain records and disclose information regarding its affairs, such as the filing of Annual Returns and Declarations of Assets.

Responsibility for the performance of these statutory obligations rests jointly with the Directors and the Corporate Secretary who may be prosecuted individually or collectively if the company fails to comply. With the increased vigilance by the Registrar of Companies to ensure compliance it is advisable that companies endeavour to maintain current records.

PROFITS & DIVIDENDS SERVICES LIMITED makes it easier for companies to comply with these regulations by providing the following services:-

* Filing of Statutory Returns

Of particular importance in this regard are:

• Annual returns
• Reports and Accounts
• Amendments to the Memorandum and Articles of Association
• Returns of Allotments
• Notices of appointment, removal & resignation of directors and the company secretary
• Notices of removal or resignation of the auditors
• Change of registered office

* Maintenance of Statutory Registers

Of particular importance are the following:

• Register of members/shareholders
• Register of Company charges
• Register of directors and company secretary
• Register of Director's interests in shares and debentures

* Meetings

Extra-ordinary and Annual General Meetings

• Organising the distribution of notices, agendas and proxy forms for circulation to shareholders.
• Coordinating the administration and minuting of extra- ordinary and annual general meetings and ensuring that correct procedures are followed.

Board of Directors Meetings

• Formulating agendas with the Chairperson and/or the Chief Executive Officer.
• Attending and minuting meetings, maintaining minute books, and ensuring that correct procedures are followed.

* Memorandum & Articles of Association

• Assist in ensuring that the company complies with its memorandum and articles of association.
• Drafting and incorporating amendments in accordance with correct procedures.

* Share Issues & Capital Restructuring

• Prepare Resolution, Notice of Increase and Statement of Increase in relation to increases in Share Capital
• Preparing and stamping Transfers of shares.
• Updating Company Register and issuing new share certificates

* Miscellaneous

• Conducting company searches to ascertain name availability, names of directors, shareholders, registered charges etc.
• Preparing and filing change of name Resolution, obtaining the Registrar's approval and arrange advertisements in the Daily Gleaner and Jamaica Gazette
• Bringing the records of inactive companies up to date
• Assisting with the acquisition of statutory registration numbers e.g. Taxpayers Registration (TRN), General Consumption Tax (GCT) , Tax Compliance Certificates (TCC) etc.
• Trademark searches and trademark registrations

* Winding up Operations

For those businesses that have ceased operations we will assist with the dissolution procedures.