Jersey Company Formation
Jersey Company Formation: Establishing a Prestigious Offshore Presence Main Characteristics and the basic rules of Company registration in Jersey
Jersey Company Formation with BRIS Group
BRIS Group provides expert Jersey company formation services for entrepreneurs and international investors seeking a reputable offshore jurisdiction. Setting up a company in Jersey offers limited liability protection, a favorable tax regime, and a stable regulatory framework — making it an excellent choice for global business and wealth management.
Our team manages the complete Jersey company registration process remotely, including corporate banking support, compliance, and ongoing administration. Wit
Guide to Forming a Company in Jersey
Jersey, one of the world’s leading offshore financial centers, is renowned for its stability, sophisticated legal system, and tax-efficient corporate environment. As a Crown Dependency of the United Kingdom, Jersey operates with political independence and a robust regulatory framework, making it a top-tier jurisdiction for international entrepreneurs, investors, and wealth management structures.
This guide provides a complete overview of Jersey company formation, highlighting its benefits, requirements, tax regime, and formation procedure for non-residents.
Why Choose Jersey for Company Formation?
Jersey’s reputation as a premier offshore jurisdiction stems from its combination of economic stability, confidentiality, and global connectivity. The island’s financial services industry is highly developed, offering a secure environment for both private and corporate entities.
Key Advantages of Jersey Company Formation
- International Reputation: A highly respected jurisdiction for asset protection, investment funds, and corporate structuring.
- Tax Efficiency: No corporate tax for most international companies, no capital gains tax, and no inheritance tax.
- Political and Economic Stability: Governed by a stable democracy under the British Crown.
- Strong Legal Framework: Based on English common law, ensuring transparency and investor protection.
- Strategic Location: Conveniently located between the UK and mainland Europe, ideal for cross-border operations.
- High Confidentiality: Directors’ and shareholders’ details can be kept private, depending on the company structure.
- Flexible Corporate Structures: Wide range of company types tailored to different business purposes.
Types of Companies in Jersey
Jersey’s legal framework allows for several types of corporate entities, providing flexibility for different business needs.
|
Company Type |
Description |
|
Private Limited Company (LTD) |
The most common form, suitable for trading, holding, and investment purposes. Liability limited to shareholders’ contributions. |
|
Public Limited Company (PLC) |
Designed for larger corporations that wish to offer shares to the public. |
|
Holding Company |
Used for holding shares or assets internationally, benefiting from Jersey’s tax neutrality. |
|
Protected Cell Company (PCC) |
Ideal for structured finance and insurance activities. Each cell operates independently, isolating risk. |
|
Limited Partnership (LP) |
Often used for private equity, venture capital, or investment fund structures. |
|
Trusts and Foundations |
Commonly used for wealth management and estate planning. |
Advantages of Jersey Company Formation for Non-Residents
|
Benefit |
Details |
|
100% Foreign Ownership |
Non-residents can fully own and manage Jersey companies. |
|
No Local Director Requirement |
Directors can reside outside Jersey. |
|
No Exchange Controls |
Free movement of capital and profits. |
|
Efficient Incorporation |
Company registration can be completed within 2–5 business days. |
|
Stable Legal and Financial System |
Regulated by the Jersey Financial Services Commission (JFSC). |
|
Comprehensive Double Taxation Agreements |
DTA network with multiple countries, enhancing international tax planning. |
Requirements for Jersey Company Formation
To register a company in Jersey, the following information and documents are required:
- Company Name: Must be unique and approved by the Jersey Financial Services Commission (JFSC).
- Registered Office: A physical registered address in Jersey.
- Shareholders: Minimum of one shareholder (individual or corporate).
- Directors: At least one director (can be non-resident).
- Company Secretary: Mandatory appointment of a company secretary.
- Share Capital: No minimum capital requirement, but standard authorized capital is usually £10,000.
- Memorandum and Articles of Association: Must define company objectives and internal regulations.
- Due Diligence Documents: Certified copies of passports, proof of address, and KYC documentation.
Registered Agent: Required for all Jersey companies to manage compliance and filing.
Procedure for Jersey Company Formation
Step 1 – Choose the Company Type
Select the most appropriate structure for your business goals (e.g., LTD, PCC, LP).
Step 2 – Name Reservation
Submit the proposed company name to the JFSC for approval.
Step 3 – Prepare Incorporation Documents
Draft and notarize the Memorandum and Articles of Association.
Step 4 – Appoint Directors and Shareholders
Provide details of all company officers and ownership structure.
Step 5 – File Incorporation Application
Submit all documents, including KYC, to the JFSC through your registered agent.
Step 6 – Obtain Certificate of Incorporation
Once approved, the JFSC issues the certificate confirming company formation.
Step 7 – Open a Corporate Bank Account
Set up a company bank account in Jersey or another international financial center.
Step 8 – Begin Business Operations
After incorporation and banking setup, your Jersey company is fully operational.
Timeframe for Company Registration in Jersey
|
Stage |
Process |
Estimated Time |
|
Name Approval |
Review by JFSC |
1–2 business days |
|
Document Preparation |
Drafting and compliance checks |
1–3 business days |
|
Registration |
Submission and approval |
2–5 business days |
Total Timeframe: Approximately 5–10 business days
Jersey Corporate Tax System
Jersey’s tax system is one of the most business-friendly in the world, offering simplicity, transparency, and significant savings for international companies.
Key Tax Features
- Corporate Tax:
- 0% standard rate for most companies (trading, holding, investment).
- 10% rate applies to regulated financial service businesses.
- 20% rate applies to certain utilities and property income.
- No Capital Gains Tax
- No Inheritance or Wealth Tax
- No Stamp Duty on Shares
- Withholding Tax: None on dividends, interest, or royalties.
- VAT: Jersey is not part of the EU VAT zone, offering additional tax efficiency for cross-border operations.
Jersey’s zero-tax regime and broad tax treaty network make it a preferred choice for asset protection, wealth management, and international corporate structuring.
How We Can Help You
Our team of Jersey company formation specialists provides complete support from planning to post-incorporation compliance.
Our Services Include
- Consultation on company type and structure
- Name reservation and registration with JFSC
- Drafting and notarization of incorporation documents
- Appointment of local registered agent and office
- Assistance with bank account opening
- KYC and compliance documentation
- Tax and legal advisory
- Ongoing corporate administration and filing services
- Annual renewal and compliance management
Start Your Jersey Company Formation Today
Forming a company in Jersey provides access to one of the world’s most respected offshore jurisdictions, combining tax efficiency, confidentiality, and international prestige.
Whether you’re establishing a holding company, investment structure, or international trading business, our experts will guide you through every stage of the Jersey company formation process — ensuring efficiency, compliance, and long-term success.
Contact us today to begin your Jersey company formation and take advantage of this world-class offshore jurisdiction for your global business operations.
Questions & Answers
1. What is Corporation Tax in Jersey?
Corporation Tax in Jersey is set at a standard rate of 0% for most businesses. However, a 10% rate applies to specific financial services and a 20% rate is applicable to large corporations in certain sectors, including retailers with a turnover over £625,000. This favorable tax environment attracts businesses looking to enhance their profitability.
2. How does Income Tax work in Jersey?
Income Tax in Jersey is relatively straightforward. Individuals are taxed at a flat rate of 20% on their income, with certain allowances and deductions available. There is no capital gains tax or inheritance tax in Jersey, making it an attractive destination for both residents and expatriates.
3. Is there VAT tax in Jersey?
Jersey does not impose VAT (Value Added Tax) like many other jurisdictions. Instead, goods and services sold may include a Goods and Services Tax (GST), which is currently set at a rate of 5%. This tax applies to most transactions, with certain exceptions such as food and children’s clothing.
4. What is the tax rate on dividends in Jersey?
Dividends received by individuals in Jersey are generally not subject to additional tax, as they are already part of the taxed income. Therefore, when Jersey residents receive dividends, they are taxed at the flat income tax rate of 20%, and there is no separate dividends tax.
5. Are there any other taxes in Jersey?
Yes, aside from the main taxes, Jersey has a few additional taxes. These include a property transaction tax on real estate transfers, a stamp duty for certain transactions, and a tax on fuel and environmental charges. However, these taxes are relatively low compared to other jurisdictions, making Jersey a competitive option for individuals and businesses alike.
By understanding these key tax elements, individuals and businesses can navigate the fiscal landscape of Jersey more effectively.
Learn more: Visit our Full Jersey FAQ page
or contact our tax and company formation team at[email protected]
What is a Jersey company formation for non-residents?
Jersey company formation for non-residents refers to the process of establishing a business entity in Jersey, a prominent jurisdiction for international business, by individuals or entities that do not reside in Jersey. This process offers several benefits, including access to a stable legal environment, tax efficiencies, and a reputation for high-quality financial services. Non-residents can enjoy the same advantages as local residents when forming a company, making Jersey an attractive option for business expansion.
What are the key benefits of forming a company in Jersey for non-residents?
There are several benefits for non-residents considering Jersey company formation. Firstly, Jersey offers a favorable tax regime, with no capital gains tax, no inheritance tax, and a low corporate tax rate of 0% for most businesses. Secondly, the jurisdiction is known for its political stability and robust legal framework. Additionally, non-residents can benefit from privacy protections and straightforward regulatory requirements, making it easier to manage and operate a business from abroad.
What are the steps involved in forming a Jersey company for non-residents?
To form a company in Jersey as a non-resident, one generally follows these steps: 1) Choose a suitable company structure, such as a limited liability company or a partnership. 2) Select a unique company name and ensure compliance with Jersey’s naming regulations. 3) Prepare and submit the necessary incorporation documents, including the memorandum and articles of association, to the Jersey Financial Services Commission (JFSC). 4) Appoint at least one director who can be a non-resident. 5) Open a corporate bank account and ensure compliance with local regulations.
Do I need a local director to form a company in Jersey?
Jersey law stipulates that a company must have at least one director, and while this director can be a non-resident, it is often recommended to appoint a local corporate service provider or director who is a resident. This is because having a local representative can help with compliance, ease of communication, and a better understanding of the local legal landscape, enhancing the company’s operational efficiency.
What are the annual compliance requirements for Jersey companies?
Jersey companies are required to comply with several annual obligations, including submitting an annual return to the Jersey Financial Services Commission (JFSC) and maintaining accurate financial records. Depending on the type of company and its activities, there may also be requirements for independent audits. Additionally, companies must ensure they adhere to any local regulations for tax filings and maintain a registered office in Jersey where official documents can be served.
How long does the company formation process take in Jersey?
The duration of the company formation process in Jersey is generally quite swift. Once all the necessary documents have been submitted and fees paid, the incorporation can usually be completed within a few days. However, additional time may be needed for setting up a corporate bank account and completing any required compliance checks, so it’s advisable to plan for around 1-2 weeks for the entire process from start to finish.
or contact our tax and company formation team at
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
About Jersey
Capital: Saint Helier
Region: Jersey is the largest of the Channel Islands, between England and France
Language: English
Currency: Great British Pound (GBP)
Time Zones: GMT +0
Dial Code: +44
Abbreviations: JE
Helping Your Company Thrive in Jersey With us, starting and running a business in Jersey will be easy and efficient!
- Full support of the company’s registration in Jersey: from the preparation of documents to their submission.
- Remote registration: all processes are online, wherever you are.
- Secretary and Treasurer: we can take on these important roles.
- Nominal directors and shareholders: we will ensure the confidentiality of your information.
- Help in opening a bank account: we will simplify this complex process.
- Registration for taxes, VAT and EORI: ensure all requirements are met.
- Website development: we will create a professional online representation for your business.
- Logo creation: we will design a unique and memorable logo for your brand.
- Full administrative support of the company: we will take over routine tasks.
- Mailing address organization: we provide a reliable mailing address for your business.
- Organization of the virtual office: we will ensure the professional image of your company.
- Telephone answering service: we will answer calls on behalf of your company.
- Accounting, audit and reporting: ensure accurate and timely accounting.
- Preparing and filing a VAT declaration: let’s save you the trouble.
- Interaction with local authorities: take over communication with state institutions.
- Trademark registration: protect your brand.
- More Emphasis on Customer Input.