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Why Jersey: Jurisdiction Highlights

  • Jersey has been able to deliver the ideal business conditions for international finance bolstered by its unique constitutional position.
  • Jersey is a politically stable and proudly possesses its own democratically elected Parliament, which has consistently maintained responsibility for domestic affairs including fiscal matters.
  • Jersey operates its own judicial system, which is based on common law principles.
  • Jersey has a high standard of regulations.
  • Jersey is a long established jurisdiction, leading to a large number of banks and other firms in the sector having a strong handle of the industry and able to offer a more competent standard of business in relation to the offshore area.
  • Jersey’s banking sector is highly evolved and with capital adequacy levels far exceeding other jurisdictions.
  • Jersey’s location is another benefit, being so close to the UK and the rest of Europe; time zones are not an issue when doing business in these areas.
  • Jersey most certainly has an attractive tax regime when it comes to corporate.
    • No capital gains tax
    • No capital transfer tax
    • No purchase tax
    • 0% general rate of tax for corporate entities, this is 10% for specified financial companies