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Types of company in Jersey

As from 1 January 2009 the new zero/ten corporate taxation regime begins in Jersey.

All companies, except for some specialised types, will be subject to taxation at a 0% rate.

This applies to both Jersey resident companies and non-Jersey resident companies trading in Jersey through a permanent establishment.

The former exempt company regime and the annual exempt charge of £600 are abolished from 1 January 2009.

International Business Companies (IBCs)

This status was removed in January 2006 since which time it has not been possible to establish IBC companies. Companies established as IBCs prior to that date can be maintained under the previous rules until 2011.

For more information on Jersey companies, please contact us.

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