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ARTICLE · 10 OCTOBER 2020

Jersey Makes Final Preparations For The Introduction Of LLCs

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Following the registration by the Royal Court of Jersey of the Limited Liability Companies (Jersey) Law 2018 on 21 December 2018 (the LLC Law),...

JerseyCorporate/Commercial Law
Andrew Weaver
Andrew Weaver
Chris Smedley
Chris Smedley
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Limited Liability Companies (Jersey) Law 2018

Following the registration by the Royal Court of Jersey of the Limited Liability Companies (Jersey) Law 2018 on 21 December 2018 (the LLC Law), much coverage and analysis of the LLC Law was provided, including the Appleby overview of such legislation published in January 2019, read that article here.

As noted in the January 2019 publication, the entering into force of the LLC Law was dependent on an appropriate framework of legislation being adopted to support the establishment of such limited liability companies (LLCs) in Jersey.

The LLC Law has itself now been amended by the Limited Liability Companies (Amendment) (Jersey) law 2020 and an overview of the significant changes are detailed below. The States of Jersey have now closed what is expected to be the final consultation stage in respect of the enabling regulations/legislation in order to implement and allow the registration of LLCs under the LLC Law

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