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Jersey and Guernsey Company Formations

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The ChannelIslands lies 100 miles south of the UK and only 13 miles from France. Itcomprises of a number of islands including Jersey, Guernsey, Alderney , Sark,Herm and Jethou, Jersey being the largest. It is a self governing British CrownDependency. The language is English although French is widely spoken.  

The currency is the Jersey Pound which has thesame exchange rate as the British Pound. Both jurisdictions are highlyrespected and are stringently  regulated byindependent authorities.  ( FinancialSupervision Commission ) It is for this reason that shelf companies are notavailable. Both jurisdictions have a long history with Financial Services.The beneficialowner has to be disclosed to the authorities

There is nodouble taxation treaty access.The ExemptCompany will shortly be replaced by an 0 to 10% Company in Jersey

Minimum subscribed members    one Guernsey requires two    
Minimum number of directors  one
Need for directors to be locally based   no
Company Secretary Requirement     Yes but not necessary local
Usual  Authorised Share Capital    GBP 10,000
Paid up Share Capital requirement      GBP 1
CorporationTax      nil
Government Fee   GBP 600, but Guernsey GBP 260
Accounts Required     Yes
Requirement to file accounts     No
Audit Required       No
Annual Return      Yes

We at RoyalCompany Formations would be happy to assist you in all your Corporate needs forboth jurisdictions