Not found what you are looking for? We are equipped to form companies in most jurisdictions throughout the world. Please contact us to discuss your requirements.
Once your payment has been processed successfully, we will contact you within 24 hours to complete all the necessary incorporation documents. Time to incorporate varies dependent on your chosen jurisdiction.
The minimum number of directors required by law is one; they may be natural persons of any nationality and need not be resident in Jersey
The minimum number of shareholders is one. Details of shareholders are available to the general public
A company secretary is required who can be a natural person or body corporate. Can be of any nationality and need not be resident in Jersey
The beneficial ownership of all Jersey companies is disclosed to the Jersey Financial Services Commission at the time of incorporation
Whilst there is no requirement to file audited financial statements with the authorities, it is important to note that a company is required to keep financial records, which reflect the financial position of a company
It is required to file annual return by 28th February each year
All companies incorporated or becoming first resident from 3rd June 2008 Jersey have a corporate income tax of 0% unless they are financial services entities, utility companies or rental and property development companies
Jersey is in a stable region under the protection of the United Kingdom, making it a highly desirable jurisdiction
It takes approximately 10 – 14 days to incorporate a new company, subject to name approval and compliance with the strict regulations governing the incorporation of Jersey companies
Our Services – Offshore Company Formation, Nominee Director, Nominee Shareholder, Mail forwarding and Bank Accounts
Offshore Formations 247 specialize in Jersey company formations ranging from simple company registrations to complex structures including offshore Trusts and in providing a very comprehensive assortment of administrative services to Jersey companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Jersey Offshore Company, often for no cost at all.
Our specialist Jersey company formation and company registration team:
Retains well-established affiliations with local company agents in Jersey
Maintains an experienced staff with knowledge of legal requirements for company formation in Jersey
Guarantees that all company filing fees and documents are up-to-date and notifies clients of all Jersey compliance changes
Call our specialist Jersey offshore company formation team FREE on 0808 168 3676. If you are calling from outside the UK, please call us on 0044 (0) 208 492 6388
Offshore Formation Background in Jersey Offshore Company
Jersey is another self-governing British Crown dependency and is famous for its tax-haven status and has negotiated a special association with the EEC, which recognises, preserves and guarantees is fiscal autonomy, thereby ensuring the EEC policies on domestic taxation are not payable. Apart from having no capital gains tax, there is also no inheritance tax but 3% Goods & Services Tax (GST) in Jersey. The main tax that residents have to pay is income tax, which is set at a flat rate of 20%. Jersey offers an attractive offshore company regime. The island changed to a 0/10 system, which means that is has a 0% corporation tax rates, except for finance companies which pay 10%.
The island is beneficial as a trust jurisdiction. The main benefit is that when the beneficiaries of a trust are non-resident, there is no local tax charged on foreign income and local bank interest. This makes Jersey trusts popular with UK residents. The lack of double tax treaties reduces the attractiveness of the island as a holding company destination. However, if you’re looking to avoid capital gains tax or just reduce income tax, Jersey would be a good choice.
The Island has agreed to implement the OECD Exchange of Information treaty and has signed an agreement with the UK. This allows HM Revenue & Customs (HMRC) to ask for the bank account details of any company that could be liable for income tax, corporation tax, capital gains tax or VAT in the UK.
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Offshore Tax Information in Jersey Offshore Company
Jersey Companies and their Tax Liability
Jersey applies a 0/10 tax system for companies has from 2009. This was achieved by introducing a standard rate of corporate income tax of 0% and a special rate of 10% for specified financial services companies into the Island’s existing schedular tax system. Utility companies, rental income and property development profits continue to be charged at the standard rate of income tax of 20%.
All companies resident for tax purposes in Jersey prior to June 3, 2008, switched to a tax rate of either 0% or 10% for the year of assessment 2009 onwards. However, a company that became resident for tax purposes in the Island on or after June 3, 2008, was taxed at either a 0% or a 10% rate immediately. Companies have been unable to elect for exempt company status from this date.
Jersey Offshore Company Banking
Offshore Formations 247 can incorporate Jersey offshore companies with a choice of offshore bank accounts at the time of formation. We work closely with a number of banks, including HSBC, and FBME in Cyprus. Combining the two saves time and couldn’t be simpler.
Jersey Company Formation / Registration
Offshore Formations 247 are able to incorporate a Jersey offshore company. Company formation normally takes 1 working day to register.
Jersey Offshore Company Anonymity and Disclosure
The identity of the beneficial owners of a Jersey company may remain confidential if corporate shareholders are engaged to act as the shareholder on behalf of the ultimate beneficial owners. This confidentiality is maintained as long as the company and its ultimate beneficial owners are not involved in any criminal activity. Offshore Formations 247 can supply the use of our corporate shareholders for this very purpose. Similarly, the register of Directors within Jersey is also publicly accessible and so if anonymity is required, Offshore Formations 247 can supply the use of Nominee Directors.
Jersey companies are required to produce accounts for each financial year although these are not filed with any external bodies. Companies can obtain exemption from the requirement to have their accounts audited providing that they satisfy tests relating to net turnover, net balance sheet and the average number of employees.
Corporate & Legal Information in Jersey Offshore Company
CORPORATE INFORMATION
Type of entity
Resident
Type of law
Common
Shelf company availability
No
Our time to establish a new company
10 - 14 days
Corporate Taxation
0% - 10%
Double taxation treaty access
No
SHARE CAPITAL OR EQUIVALENT
Standard currency
GBP
Permitted currencies
Any
Minimum paid up
£1
Usual authorised
£10,000
DIRECTORS OR MANAGERS
Minimum number
1
Local required
No
Publicly accessible records
No
Location of meetings
Anywhere
MEMBERS
Minimum number
1
Publicly accessible records
Yes
Location of meetings
Anywhere
COMPANY SECRETARY
Required
Yes
Local or qualified
No
ACCOUNTS
Requirement to prepare
Yes
Audit requirements
No
Requirement to file accounts
No
Publicly accessible accounts
No
OTHER
Requirement to file annual return
Yes
Change in domicile permitted
Yes
Additonal Products Available for Jersey Offshore Company
