The purpose of this note is to provide a summary of the main
legal requirements and general principles applicable to the
formation, registration, operation and winding-up of a Jersey
limited liability company.
This note is intended to provide a general summary of the
position under Jersey law as at the date shown above; it is not to
be taken as specific legal advice applicable to particular issues
or circumstances. Anyone considering establishing an LLC should
contact one of the Ogier partners listed on the last page.
Introduction
The Limited Liability Companies (Jersey) Law 2018 (LLC
Law), which came into force on 1 September 2022, creates a
new hybrid entity, a Jersey limited liability company
(Jersey LLC), similar to its
Delaware and Cayman counterparts. Jersey partner James Fox was a
member of the financial services industry working group which
assisted with the introduction of the LLC into Jersey. A Jersey LLC
is a corporate entity with limited liability of