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ARTICLE · 03 FEBRUARY 2020

Collas Crill Explains...Winding Up A Solvent Jersey Company

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

Firm Details: Chief Executive Officer: Jason Romer Managing Partners: Bermuda: Lilla Zuill, BVI:...

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Words in bold text are defined at the end of this guide.

JerseyCorporate/Commercial Law

This guide is one in a series of 'Collas Crill explains...' in which we examine areas of Jersey law that frequently arise in practice. Further guides will be released weekly, click here to subscribe to receive the rest of the guides in this series to your inbox.

Jersey is a popular place to establish an asset holding company because the Law is modern, flexible and modelled on English companies legislation.

The Law has a simple procedure, called a summary winding up, to dissolve a solvent Jersey company once it is no longer needed. This guide looks at the key things you need to know about carrying out a summary winding up.

Words in bold text are defined at the end of this guide.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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