Principal Corporate Legislation
Companies (Jersey) Law 1991, as amended.
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Types of Company for International Trade, Investment & Tax Planning
-Private and Public Limited Companies
-Unlimited Companies
-Protected Cell Companies
-Guarantee Companies
-No Par Value Companies
-Limited Partnerships
Share Capital
Standard authorised share capital is GBP 10,000. Minimum paid up share capital is GBP 1.
Classes of Share Available
Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Jersey.
Directors
The minimum number of directors is one. Director can be of any nationality and need not be a Jersey resident. Corporate directors are permitted.
Shareholders
The minimum number of shareholders is one.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
0%.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
GBP.
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of a Company
The words “Limited” or Ltd, S.A.R.L. must be part of the name of every company.
Time to Incorporate
Three weeks, subject to name approval.