Montego Bay Export Free Zone

Montego Bay Export Free Zone

Montego Bay Export Free Zone

1 Mangrove Way

P.O. Box 1377

Montego Bay

St. James, Jamaica W.I.

Tel: 876-979-8696-8

Fax: 876-979-8088

APPLICATION FOR FREE ZONE STATUS

Instruction

All relevant sections must be fully completed and supporting documents attached, incomplete applications will not be submitted for processing until all documents are received.

SECTION 1: Parent Company Information

  1. Name and Address of Parent Company

______

______

______

  1. Nature of Business

______

  1. Name of Chief Officer

______

Tel: ______Fax: ______e-mail:______

Section 2: Free Zone Company

  1. Proposed name of Free Zone Company

______

  1. Type of Activity proposed

______

  1. Name and Address of Principal Shareholders.¹ Please indicate number of shares held by each shareholder beside their name.

(1) ______

______

Tel: ______Fax: ______e-mail: ______

(2) ______

______

Tel: ______Fax: ______e-mail: ______

(3) ______

______

Tel: ______Fax: ______e-mail: ______

(4) ______

______

Tel: ______Fax: ______e-mail: ______

  1. Name and address of Manager/Director of Free Zone Company

Name: ______Address: ______

______

Contact: ______

  1. Briefly describe the nature of the proposed activity

______

______

______

¹ The Free Zone Administration is to be advised promptly of transfer of shares of the Company as well as changes in

Directorship.

To be Completed by Manufacturing Entities

9. Description of principal raw materials Volume Supplier

______

______

______

9b Description of finished products Annual Sales Unit Cost Market

______

______

______

To be Completed by Information Technology Companies: This section may be completed on a separate sheet if desired.

10. Type of data to be processed Number of Records/day Major Clients

______

______

______

11. Type of telemarketing service Number of phone lines required Major Clients

______

______

______

12. Other:

Type of serviceEquipment Needs Major Clients

______

______

______

SECTION 3: Capital Outlay (US$)

13. EMPLOYMENT AND PAYROLL:

Category of Worker /

Start Up

/ One year Projection / Three year Projection
Number / Wage Rate / 3month projected salary / Number / Annual Salary / Number / Annual Salary
Factory/ Service Worker
Supervisory
Administrative
TOTAL
  1. CAPITAL REQUIREMENTS

CAPITAL NEEDS / INITIAL /

ONE YEAR PROJECTION

Working Capital
Plant and Equipment
Rental
Organizational Expenses
Miscellaneous
TOTAL

15. SOURCES OF FINANCING:

NAME OF SOURCE / AMOUNT
Entrepreneur’s investment / $
Loans
Line of Credit – Suppliers
Line of Credit – Banks
Other
TOTAL
/ $

Section 4: Training

16. Indicate the skill level and work experience required of employees

______

______

______

  1. State type of training programmes to be conducted and indicate duration

______

______

  1. Who will conduct training?²

______

______

Section 5: Building Requirements

  1. Indicate size of factory building and/or office space required

______

  1. Briefly describe required modifications to standard units

______

______

  1. Approximate duration of build-out

______

  1. Anticipated start-up date of operation

______

______

² (If extensive training is required and is to be conducted by officers from parent company, kindly consult with the Free

Zone’s Administration re obtaining short term work permit for trainers).

Section 6

  1. Name and address of local Attorney

______

______

  1. Name and address of commercial bank to be used in Jamaica:

______

______

Section 7

  1. Please ensure that all sections have been completed accurately. An application will

not be submitted for approval unless the following supporting documents are

attached.

Received

(for official use only)

Company/project profile { }

Business Plan{ }

Last audited reports of parent company{ }

Bank references of parent company { }

Certificate of Incorporation/Letter of Intent from Attorney { }

Proof of identification/references/profile of shareholders { }

Signed Reservations of Unit Agreement { }

Security Deposit { }

______

Name Signature

______

Position Date

1