Much of Jersey's economy is focused on the international financial and legal services sector.
Jersey is a so-called 'tax haven' (offshore) and therefore attracts a huge number of investors
from all over the world wishing to reduce their tax payments. Other sectors include
construction, retail, agriculture and tourism.
The official currency of Jersey is the pound sterling. Languages — English and French.
choosing a country
choosing a bank
payment (by any method)
bank account opening
From all the possible types of advantages that open up to the founders when incorporating a company, it is definitely worth noting:
According to current laws it is possible to register your company in the following legal forms:
The most profitable form of business in Jersey is a private limited company, also known as an IBC (International Business company). The company name must include the words: Limited/Ltd, S.A.R.L.
Based on the analysis of the current legislation regulating the activities of business entities, the following can be highlighted with regards to the specifics of the process of registering your business:
The state has the following features for levying taxes and fees
A company in Jersey is required to submit an annual report and maintain accounting records.
The corporate tax rate for resident companies is 0% on income earned in and outside the country. There are some exceptions. They concern the following areas of activity:
A non-resident company shall not pay income tax if it meets the established requirements:
Strictly licensed activities: fund management; insurance companies; banking.