JERSEY

Jersey is a highly regarded offshore centre offering a combination of political stability, good communications and sophisticated international banking services. Jersey resident companies pay tax at a rate of 20% on worldwide profits. Exempt companies are exempted from all forms of Jersey taxation. The Jersey authorities require detailed information on the promoters of a proposed company although the information is not available on a public register.

COMPANY STRUCTURE
TYPE OF COMPANY	Exempt
Minimum Number of Directors	1
Local Directors Required	No
Minimum Number of Shareholders	2
Bearer Shares Allowed	No
Registered Office	A local registered office is required
Disclosure of Directors/Shareholders	Yes (but there are no public registers)
Standard Authorised Capital	£10,000
*Time to Incorporate & Supply Documents	7 days (once disclosure requirements have been completed)
Ready-Made Companies Available	No
Audited Accounts Required	No
*This is an estimate of the time taken to incorporate the company, structure it to the needs of the client and deliver the corporate papers.

INDICATIVE FEES
Annually	Incorporation	Annual Filing	Annual Tax Exemption	Domiciliary
1st Year	£495	£120	£600	£475
2nd Year	-	£120	£600	£475
These are quoted as an estimate of our fees to incorporate a new company and structure it as required. They include all annual charges currently payable. Additional fees will be payable if nominee services are required. A detailed fee schedule will be supplied upon request.