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Companies Office of Jamaica (COJ) says the numbers for business registration and company incorporation in 2021 significantly eclipsed that of the previous year by 33 per cent and 24 per cent respectively. In a statement Thursday, CEO Judith Ramlogan said she was not surprised at the 17,039 businesses and 4,878 companies registered in 2021 as the uptick in formalisation is “as a result of the economy and more persons realising that formalisation offers them legitimacy for whatever entrepreneurial pursuits they will be undertaking now and in the future”. In alluding to a September 2021 report...