ARTICLE · 23 JANUARY 2013

Migration Overseas Of A Jersey Incorporated Company

Collas Crill

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Collas Crill

Collas Crill

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Legislative analysis of the definition for the migration of a company.

JerseyWealth Management

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What is meant by "migration" of a company?

In essence, migration is the process by which a company changes its place of incorporation from one legal jurisdiction to another.

Jersey legislation dealing with migration

Under the Companies (Jersey) Law 1991, as amended, (Companies Law) the migration process is referred to as "continuance". The Companies Law sets out the process by which a Jersey incorporated company can "continue" as a corporate body in another jurisdiction.

Effect of Migration

Once a Jersey company has completed the migration process it will cease to be incorporated under Jersey law and will become a body incorporated under the laws of its new chosen legal jurisdiction.

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