An Important Jurisdiction For Clients In The GCC

By Paul Perris Managing Director, Ogier, Bahrain

Jersey has a long track record as a domicile for companies, funds, trusts and other structures used by GCC-based clients that stretches back to the 1980's.

There are a number of reasons why Jersey continues to be attractive to investors from this region for structuring international investments, ranging from time zone and convenience to confidentiality, flexible laws and robust regulations.

Professional service providers are also very familiar with and expect to administer structures with a high level of corporate governance, thus providing comfort to clients regarding the integrity of their asset holding vehicles. This has been particularly important since the economic downturn.