Valsen Corporate

Jersey LLC

  • 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 recognizes, 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%.

  • Key Features

    Jersey LLC

    Corporate Details

    General
    • Type of Entity

    LLC
    • Type of Law

    English Common Law
    • Registered Office in Jersey

    Yes
    • Shelf company availability

    No
    • Our time to establish a new company

    10-14  Business days
    • Corporate Taxation

    0%- 10%
    • Access to Double Taxation Treaties

    No

    Share capital or equivalent
    • Standard currency

    GBP
    • Permitted currencies

    Any
    • Minimum paid up

    £1
    • Usual authorized

    £10,000

    Directors
    • Minimum number

    1
    • Local required

    No
    • Publicly accessible records

    No
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    Yes

    Members
    • Minimum number

    1
    • Publicly accessible records

    Yes
    • Corporate members allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    Yes
    • Local or qualified

    No

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    No
    • Requirements to file accounts

    No
    • Publicly accessible accounts

    No

    Others
    • Requirement to file annual return

    Yes
    • Migration of domicile permitted

    Yes
    Advantages
    1. No capital gains tax
    2. No capital transfer tax
    3. No purchase tax
    4. 0% general rate of tax for corporate entities
    5. 10% tax for specified financial companies
    The Valsen Advantage
    • Speedy, Efficient and consistent Services.
    • Relentless effort to obtain bank accounts.
    • Expert advice on structuring options.
    • Dedicated ongoing compliance support.