Why choose a Jersey Offshore Company Formation?

Main features of Jersey company registration

• Jersey is a top location for an offshore company registration due to its stability under the protection of the UK
• Jersey offers offshore companies extremely low taxes
• If anonymity is required, nominee directors, shareholders and officers can be used
• The accounts of International Banking Companies in Jersey are not made public and do not necessarily have to be audited
• Jersey International Business Companies can be moved to another jurisdiction if required
• A Jersey International Business Company (IBC) is a completely independent entity

Services from A1 Company Services

Jersey offshore company formation, nominees, bank accounts and mail forwarding

As specialists in Jersey offshore company formations, whether you’re looking for a simple offshore company registration or a complex structure (including offshore Trusts), A1 Company Services can help. We also provide a comprehensive range of admin services for Jersey companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

Our expert Jersey company formation and company registration team has established affiliations with local Jersey company agents and extensive knowledge of the legal requirements for company formation in Jersey. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes in Jersey.

If you require us to take over the management of your existing Jersey offshore company, we can usually do so at no extra cost.

To speak to an expert Jersey company formation/registration advisor, please call 020 8492 6363.

Background to Jersey Company Registration

Jersey offshore company formation/registration

A1 Company Services is able to incorporate a Jersey offshore company. A Jersey company formation usually takes just one working day.

Offshore company banking in Jersey

A1 Company Services saves you time and hassle by working closely with a number of banks, including HSBC the FBME bank in Cyprus, so we can incorporate Jersey companies with a choice of offshore bank accounts.

Anonymity in a Jersey offshore company

With a Jersey offshore company, if the corporate shareholders are engaged to act as the shareholder on behalf of the ultimate beneficial owners, the identity of the beneficial owners can remain confidential. For this confidentiality to be maintained however, the ultimate beneficial owners and the company must not be involved in any criminal activities. If you require this service, A1 Company Services can supply the use of our corporate shareholders.

The register of directors in Jersey is also available to the public so if you require anonymity, A1 Company Services can supply the use of Nominee Directors.

Disclosure in a Jersey offshore company

Although Jersey companies do not have to file accounts with any external bodies, accounts for each financial year are still required. Exemption from account auditing can be granted, providing the company satisfies tests relating to average number of employees, net balance sheet and net turnover.

Jersey Offshore Company Formation

Tax benefits of a Jersey offshore company formation

Just one hour flight from the UK, Jersey is another British Crown Dependency famous for its tax benefits and attractiveness as a location for an offshore company formation/registration. Jersey has negotiated a special association with the European Economic Community, whereby its policies on domestic taxation are not payable because it recognises, preserves and guarantees its fiscal autonomy.

Jersey has a 0/10 corporation tax system, which means it has zero per cent corporation tax rates, except for finance companies which pay 10 per cent. There is also no inheritance tax in Jersey but a three percent goods and services tax.

Jersey is ideal as a trust jurisdiction and popular with residents in the UK because there is no local tax charged on local bank interest and foreign income when the beneficiaries are non-resident. As a holding company designation, the lack of double tax treaties reduces Jersey’s attractiveness but if you’re looking to avoid capital gains or reduce income tax, Jersey is a good choice.

Jersey has agreed to implement the OECD Exchange of Information treaty and has signed an agreement with the UK to allow HMRC to request the bank account details of any company potentially liable for income tax, corporation tax, capital gains tax or VAT in the UK.

Tax liability of Jersey offshore companies

The 0/10 tax system has been operational in Jersey since 2009, meaning there is a standard zero per cent corporation tax rate and a 10 per cent rate for specified financial services companies. Utility companies, rental income and property development profits however continue to be charged at the standard 20 per cent income tax rate. Since June 3 2008, companies have been unable to vote for an exempt company status.

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