We incorporate limited liability companies in more than 40 countries, our experience and relationship with the companies registry means, we can incorporate your Jersey Private Limited Company, according to your specifications.
To qualify as a tax exempt company it is necessary to show that no beneficial ownership rests with a Jersey resident and that the objective of the business is not to penetrate the local market.
To incorporate a Jersey company the following is required for the Jersey Financial Services Commission:
Incorporation takes approximately 10 - 14 days, subject to approval from the relevant authorities and compliance with the regulations governing the incorporation of companies in Jersey.
There are a few different types of company available in Jersey;
The most common form of company formation is through a Private Limited Company, which offers limited liability to its founders, is simple to incorporate and places no restriction upon activities.
There is no minimum share capital requirements for a company incorporation in Jersey and share capital may be expressed in any currency. Duty is paid on share capital, with the maximum authorised capital available paying the minimum duty is £2,500 with sums over this amount paying paying additional duty.
Different shares may be issued such as ordinary shares, non-voting shares, preference shares and redeemable shares.
A company in Jersey is required to have a minimum of two shareholders, with no restrictions placed upon nationality or residency. The maximum number of shareholders is 30, unless the Jersey Financial Services Commission allows otherwise in certain circumstances.
The ability to employ nominee shareholders allows public anonymity to be obtained by the shareholders, although it is a requirement to submit full details of the actual shareholders to the Financial Services Department. This information will remain confidential and therefore still preserves public anonymity.
Companies in Jersey require only one director, with no restrictions placed on nationality or residency. Detailed information on the directors must be submitted to the Financial Services Department and is kept confidential.
The name of Private Limited Company in Jersey must end with Limited, Ltd, SARL or avec Responsabilité Limitée.
The Financial Services Department must approve the name of your company in Jersey before it can be incorporated. Proposed company names that may conflict with any of the following conditions may be rejected at the Financial Services Department discretion:
We check that your Jersey company name is acceptable and is not already incorporated with the Financial Services Department and we can give an informal indication as to whether the name is likely to be approved.
Once incorporated we provide a set of corporate documents for your Jersey company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association and share certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.
Companies incorporated in Jersey are required to have a registered office Maintained in Jersey where documents may be legally served and copies of registers of directors and shareholders and minutes of all meetings will be kept - we can provide a registered office in Jersey.
All companies in Jersey must hold an annual general meeting, with no more than 18 months elapsing between each meeting. Meetings may be held anywhere and can be held via telephone or other electronic means of communication. Meetings can also be dispensed with shareholder agreement.