Jersey was the first jurisdiction in October 2018 to lodge new legislation in order to meet requirements of the EU Code of Conduct Group on Business Taxation regarding the need for relevant businesses to demonstrate economic substance in the Island. The proposed legislation confirms Jersey’s continuous effort to remain a leading reputable…

Why? The Companies (demerger) (Jersey) Regulations 2018 came into force on the 1st September 2018. It is widely believed that the introduction of demerger rules will further strengthen and simplify the corporate law offering already available in Jersey. In addition, such an offering will provide additional flexibility and cost-efficiency to…

As part of Jersey’s constant and continuous effort to evolve its offering as a leading international finance centre (“IFC”), the States of Jersey has launched a consultation in connection with an exciting proposal to enact a new law (the “Draft Law”) enabling the creation in Jersey of limited liability companies…

What is GST? GST is a tax on the domestic consumption of both imported and locally produced goods and/or services. It is payable upon sale at the standard rate of 5% which has stood since June 2011. The governing law is the Goods and Services Tax (Jersey) Law 2007. Am…

The changes to the Companies (Jersey) Law 1991 introduced by Amendment No. 8 which came into force on 1 February 2006, should bring wide ranging benefits to Jersey companies as well as its structured finance and insurance industries. The most significant change is the introduction of new forms of companies,…

Benefits of Using a Jersey Company For many corporate entities, lenders and onshore counsel, Jersey is the offshore jurisdiction of choice. The provision of corporate advice and related services represent a core business of Voisin. Jersey companies are used in a wide range of transactions, such as: Investing in property,…