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ARTICLE · 22 JULY 2026

Winding Up A Solvent Jersey Company

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

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Jersey is a popular place to establish an companies because the Companies (Jersey) Law 1991 (the Law) is modern, flexible and modelled on English companies legislation.

JerseyCorporate/Commercial Law
Nick Ward
Nick Ward
Kate Anderson
Kate Anderson
Alexander Price
Alexander Price
Matthew Gilley
Matthew Gilley
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Jersey is a popular place to establish an companies because the Companies (Jersey) Law 1991 (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 to winding up a solvent Jersey company looks at the key things you need to know about carrying out a summary winding up in the jurisdiction.

Company must be solvent

A Jersey company may only be placed in a summary winding up if it is solvent. This means that the company must be able to pay its debts as they fall due.

Conduct of summary winding up in Jersey

The Law does not require a company to appoint a liquidator to carry out its summary winding up. However, as mentioned below, if they wish to do so, the shareholders may appoint a liquidator by 'special resolution' once the company's summary winding up has commenced. A special resolution means a resolution that is required to

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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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