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ARTICLE · 18 APRIL 2024

Corporate Re-Domiciliation And Tax Residency Changes

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Jersey has long embraced corporate re-domiciliation, setting a standard for flexibility and adaptability in the international business arena.

JerseyTax

Jersey has long embraced corporate re-domiciliation, setting a standard for flexibility and adaptability in the international business arena.

Whether for administrative, tax, confidentiality, economic substance or other reasons, the ability to re-domicile a company into – or out of – Jersey is a useful feature of Jersey law. This is distinct from the ability of a Jersey company to alter its tax residency by becoming resident in another jurisdiction, because Jersey tax law allows a Jersey company to be tax resident elsewhere (and not resident in Jersey). This tax relocation is often a more popular route, providing the selected tax residency with the flexibility of a Jersey corporate structure.

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