Fact File

Fact File Supplied By

James Wilmott and Damilola Obafemi, Carey Olsen.


Channel Islands.

Time zone

Greenwich Mean Time (+1 hour for British summertime).


107,800 (est. as at end of 2019).


St. Helier.




English, French and Jèrriais (unofficial).


Jersey Pound – index-linked to Great British Pound (Sterling)

Political system

Parliamentary Democracy (States of Jersey).

International dialing code

+44 1534.

Legal system

Mixed legal system (mixture of Norman customary law with influences from English common law and French civil law).

Centre's expertise

Trusts, private wealth management, capital markets, fund administration and management, specialist funds, international banking, fintech, philanthropy and socially responsible investments.

Personal income tax


Corporate income tax

0% as a standard rate, including fund management business, 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


Tax information exchange agreements

Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Czech Republic, Denmark, Faroe Islands, Finland, France, Germany, Greenland, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Korea, Latvia, Mexico, Netherlands, New Zealnd, Norway, Poland, Portugal, Romania, Slovenia, South Africa, Sweden, Switzerland, Turkey, United Kingdom and United States of America.

Double Taxation Agreements

Cyprus, Estonia, Guernsey, Hong Kong China, Isle of Man, Liechtenstein, Luxembourg, Malta, Mauritius, Qatar, Rwanda, Seychelles Singapore, United Arab Emirates and United Kingdom.

Permitted currencies

Any currency.

Minimum authorised capital


Minimum share issue


Shelf companies


Timescale for new entities

See 'incorporation fees' below.

Incorporation fees

A ‘menu’ of choices is available ranging from 5 days to 2 hours. Within: 5 business days - £165; 3 business days - £242; 2 business days - £305; 1 business day - £425; 2 hours - £670; Out of Hours - by agreement, minimum £1,210.

Annual fees


Minimum number

Private company: 1. Public company:2.

Residency requirements

No (subject to certain exceptions for regulated companies).

Corporate directors


Meetings/ frequency

No specific requirements.


Yes. Shareholders details together with beneficial ownership and control disclosed to Registrar on incorporation. Thereafter, membership information disclosed in annual confirmation statement. Changes to beneficial ownership and control must be disclosed to Registrar within 21 days of knowledge.

Bearer shares

Not permitted.

Minimum number

Private Company: 1. Public company: 2.

Public share registry


Meetings/ frequency

Annual General Meeting (but can be waived).

Annual confirmation statement


Audit requirements

Private company: discretionary. Public Company: mandatory.

Registered office

Yes, companies must have a registered office in Jersey.

Domicile issues


Company naming restrictions