Fact File Supplied By
James Wilmott and Damilola Obafemi, Carey Olsen.
Greenwich Mean Time (+1 hour for British summertime).
107,800 (est. as at end of 2019).
English, French and Jèrriais (unofficial).
Jersey Pound – index-linked to Great British Pound (Sterling)
Parliamentary Democracy (States of Jersey).
International dialing code
Mixed legal system (mixture of Norman customary law with inﬂuences from English common law and French civil law).
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.
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.
Minimum authorised capital
Minimum share issue
Timescale for new entities
See 'incorporation fees' below.
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.
Private company: 1. Public company:2.
No (subject to certain exceptions for regulated companies).
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.
Private Company: 1. Public company: 2.
Public share registry
Annual General Meeting (but can be waived).
Annual confirmation statement
Private company: discretionary. Public Company: mandatory.
Yes, companies must have a registered office in Jersey.
Company naming restrictions