Jersey - On Companies

A Jersey exempt company, owned by non residents, is the most common form of company used by offshore investors. Exempt companies pay an annual exempt company fee of £600 but otherwise are not subject to any other Jersey taxes, except in respect of Jersey source income other than bank deposit interest. Jersey exempt company status is also available to companies incorporated outside Jersey.

Dividends and interest paid by an exempt company bear no local withholding tax and can be made entirely free of exchange control or other constraints. Similarly, directors' fees and salaries payable to non residents are exempt from local taxation, whether directors' meetings are held in Jersey or elsewhere.