Company Law In Jersey - Cost

Company registration duty in Jersey is fixed at £50 up to an authorised share capital of £10,000. Thereafter duty is payable at the rate of 1/2% subject to a maximum of £5,000. Shares may be issued at a premium, in which case duty is payable on the nominal value but not on the premium. For a company incorporated with a standard Memorandum and Articles and a share capital of £10,000 the legal and judicial fees and stamp duty would amount to approximately £600. The annual cost of running a company obviously varies enormously, but as a general illustration the minimum annual cost of an Exempt Company would be as follows:

                                            £
Annual registration fee                   120
Exempt Company fee                        500
Directors' fees (2), say                  500
Accountancy and secretarial fees, say   1,000

                                       £2,120