Jersey

Jersey is one of the world's leading international offshore finance centres. It is the largest of the British Channel Islands and is located 100 miles south of mainland Britain and 14 miles from the coast of France.

Jersey is neither part of the United Kingdom nor the European Union. It enjoys the status of being a British Crown Dependency, which provides constitutional rights of self-government, judicial independence and the opportunity to determine its own fiscal strategy and taxation. Created by the Royal Charter in the fourteenth century, this status remains intact regardless of changes to UK or European government.

Jersey is a well regulated international finance and ecommerce centre and has the added advantage of being geo-politically stable. Its close proximity to the UK and EU markets, sophisticated postal, internet and telecommunications services, have all contributed to the island becoming a thriving centre for ebusiness.   

Businesses that establish a presence in Jersey benefit from the reduction or elimination of Corporation Tax, Capital Gains Tax and Value Added tax.

Customers can typically take advantage of:

• Lower taxes.
• A regulatory regime designed to encourage e-business.
• Unique legislation.
• Enhanced portability of their offshore operations.
• Low incremental cost.
• A well regulated Internationally recognised and respectable business location.
• Disaster Recovery. Jersey is an offshore safe haven that is well placed to provide Disaster Recovery solutions to those jurisdictions prone to adverse weather, volcanic activity or political instability.

"Jersey has created a competitive telecommunications market, attracted significant investment in the provision of quality technical services, and has been quick to introduce appropriate legislation designed to meet the needs of electronic business. These initiatives, which are consistent with the Island's strategic plans for economic growth, coupled with very strong performance in its ebusiness sector over the past few years, make Jersey the undisputed choice for offshore electronic business."
Deputy Gerald Voisin, President of the Economic Development Committee