Jersey
NEWS
FACT FILE
Location Channel Islands.
Time Zone Greenwich Mean Time (+1 hour for British summertime).
Population 98,000.
Capital St Helier.
Airport One.
Language English.
Currency Great British Pound (sterling).
Dialing Code + 44 1534.
Centre's Expertise Trusts, private wealth management and capital market transactions, mutual fund administration and management, specialist funds, international banking, insurance.
Political System Parliamentary democracy.
Legal System Customary law.
Personal Income Tax 0-20%.
Corporate Income Tax 0% as a standard rate with rates of 10% for certain regulated and financial activities (including banks, trust companies, investment managers and certain fund functionaries) and 20% for certain utilities companies.
Exchange Restrictions None.
Tax Treaties For full details, please go to www.ifcreview.com/TIEA
Permitted Currencies Any currency.
Minimum Authorised Capital No.
Minimum Share Issues No.
Shelf Companies Available.
Incorporation Time Scale Two days for a standard incorporation. Fast-track incorporation available in two hours.
Incorporation Fees Standard: £200, Fast-track: £400.
Annual Fees £150.
Minimum Number Private company: one, Public company: two.
Residency Requirements No.
Corporate Directors Allowed.
Meetings/Frequency No specific requirements.
Disclosure Yes.
Bearer Shares Not permitted.
Minimum Number Private company: one. Public company: two.
Public Share Registry No, but disclosure of membership once a year in annual return.
Meetings Frequency Annual general meeting (can be waived).
Annual Return Yes.
Audit Requirements Public company: mandatory. Private company: discretionary.
Registered Office Yes: must be situated in Jersey.
Domicile Issues None.
Company Naming Restrictions Yes.
ARTICLES
Listing in an Uncertain World
  The CEO of the International Stock Exchange Group (TISEG) explores how its offering of certainty is strengthening the rationale for debt securities, investment vehicles and trading companies to list on TISE (01/08/2017)
How a CISE Listing Adds Substance and Creates Value
  International developments such as the EU’s Alternative Investment Fund Managers Directive (AIFMD) and the OECD’s Base Erosion and Profit Shifting (BEPS) initiative are placing increased focus .... (01/02/2017)
Offshore Financial Centres: The Super Set
  Of the various forces that have buffeted offshore financial services in recent years, regulation and emerging demand bases are probably the most significant. (01/02/2017)
Jersey: Leading the Way on the Global Stage
  Elena Moran and Mark Rawlins examine how through constant innovation Jersey leads the way in the financial services arena. (01/11/2016)
A Flight to Quality: Setting the Standards for IFCs
  The brighter global spotlight that has recently been shone on international finance centres (IFCs) may have caused some controversy, but it has also created opportunities for leading jurisdictions such as Jersey.... (01/10/2016)
Compliance Q&A with John Harris, Jersey Financial Services Commission
  IFC Media speaks to Jersey’s financial regulator John Harris about the compliance issues facing international financial centres and in particular Jersey and the impact regulation and blacklists are having on the industry. (01/04/2016)
Cross-Bailiwick Insolvency: Pooling of Assets and Liabilities of Insolvent Companies
  Nigel Sands and Mathew Newman provide an insightful case study into Cross-Bailiwick Insolvency issues. (01/03/2016)
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FURTHER BACKGROUND INFORMATION
  Jersey Tax Treaties
  Jersey currently has in place 42 tax agreements consisting of 11 DTAs and 31 TIEAs. - read more...
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