Bailiwick of Jersey

The Bailiwicks of Jersey is a British Crown Dependency located close to the northwest coast of France. The island is the largest of the Channel Islands. Jersey is not part of the United Kingdom and has an international identity separate from that of the UK. Jersey is not a part of the European Union but has a special relationship with it, being treated as part of the European Community for the purposes of free trade in goods.

Jersey’s legal tender is Sterling Pound (GBP). Legislation of Jersey recognizes various types of companies e.g.: Private Company Limited, Public Company Limited, Unlimited Companies, General partnerships or Limited Partnerships.

Legal form Private Limited Liability Company (Ltd.)
LegislationCompanies (Jersey) Law 1991, as amended
Foundation timePrivate Limited Liability Company (Ltd.)
ShareholdersMinimum required: 1
Form: physical person/corporate body (both possible)
Nationality: Any (Jersey nationality not necessary)
DirectorsMinimum directors required: 1- there is not maximum number (unless indicated in the company’s articles.)
Form: physical person/corporate body (both possible) but corporate body can only be provided by a licensed trust and company service provider in Jersey.
Nationality: Any (Jersey nationality not necessary)
Share capitalMinimum share capital £1, standard authorized capital £10,000
Bearer sharesYes
TaxesUnder Jersey Law, Jersey Companies residing in the island are taxed at the standard rate of 0%. For non-Jersey resident beneficial owners, profits dividend or otherwise attributed to them from the Jersey Company suffer no further liability to Jersey Tax. Double tax treaties: Estonia, Hong Kong, United Kingdom, Singapore, Guernsey, Malta, State of Qatar
AccountancyFiling of accounts required
AuditNot required.
Anonymity and confidentialityThe issued share capital and registered shareholders are available for public inspection.
OtherRegistered office: Must be maintained in Jersey
General meetings: It does not have to be in Jersey
Availability of ready-made companies: Yes

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