Jersey LLCs - Key Points For US Managers And Investors

KEY TAKEAWAYS

• Jersey has legislation relating to limited liability companies ("LLC"), which can be registered in Jersey within as little as two hours

• Jersey LLCs have similar rules and similar advantages to Cayman and Delaware LLCs, offering US managers and investors a great option in the European time zone

• This article details a number of the features of Jersey LLCs, which include the fact that members benefit from limited liability protection

Limited liability companies are a familiar structuring tool for US managers and investors, and the introduction of the Jersey LLC is part of a strategy by the jurisdiction to increase its appeal to the US market.

The key advantage of the LLC is that its owners have limited liability protection - their personal assets can be protected from the debts and liabilities of the LLC. In financial services, both the Cayman Islands and the US state of Delaware have developed popular LLC regimes that are widely