Starting a business in
🇯🇪Jersey
Checked November 4, 2026 · How we score
Corporate tax
0%
Top income tax
20%
Setup from
$3,000
all-in, first year
Time to form
7 days
can be done remotely
Taxes in Jersey
| Corporate income tax | 0% 0% standard rate; 10% for regulated financial services businesses; 20% for utilities and income from Jersey land and property (including development). Large multinationals pay a 15% minimum top-up tax from 2025. |
|---|---|
| Personal income tax (top) | 20% Standard rate of 20% on taxable income after allowances; marginal relief can produce an effective marginal rate of up to 26% on lower incomes. Social security contributions are separate. |
| Tax system | Worldwide income |
| Capital gains tax | 0%No capital gains tax, inheritance tax or wealth tax. |
| Dividend withholding (non-residents) | 0% |
| VAT / GST | 5% |
| Social security | Social security: employee 6% and employer 6.5% of earnings up to a ceiling, plus a long-term care charge; Jersey applies GST at 5% rather than VAT. |
Forming a company in Jersey
| Usual entity | Jersey private company limited by shares |
|---|---|
| Minimum capital | None |
| Setup cost (all-in) | $3,000–$8,000 |
| Annual running cost | $8,000–$22k |
| Time to incorporate | 7 days |
| Form remotely as a foreigner | Yes |
| Local director required | Yes |
| Local address required | Yes |
| Owners on public register | Yes |
| Statutory audit for small companies | No |
| Business banking for non-residents | Hard |
Residency and visas
Jersey controls residence through a strict housing and licensing regime; non-local newcomers need a registered or licensed accommodation and employment approval, except for High Value Residents and certain investor routes.
| Digital nomad visa | No |
|---|---|
| Golden visa | No |
| Ease of residency for founders | 5/5 (1 = easiest) |
Special tax regimes
Zero/ten/twenty corporate regime
Most companies pay 0%, regulated financial services companies 10% and utilities and Jersey property income 20%.
High Value Residency (HVR)
Wealthy newcomers can obtain residency with a negotiated minimum annual tax contribution and local property requirements; check Revenue Jersey for current figures.
International Services Entity (ISE)
Companies providing eligible cross-border services can opt into the ISE regime and pay a fixed annual fee instead of registering for GST.
Pros and cons
Why founders pick Jersey
- 0% corporate tax for most companies
- No capital gains, inheritance or wealth tax
- Low 5% GST and well-regarded legal system
- Strong financial services infrastructure
Watch out for
- Local resident director and registered office needed, so costs are high
- A company managed from abroad is taxed in the country of management
- Strict housing and residence controls
- Limited banking options for non-resident founders
Best for: Funds, holding and finance structures with local substance · High-net-worth individuals using HVR status · International service providers using the ISE regime
Jersey: common questions
What is the corporate tax rate in Jersey?
Jersey's standard corporate tax rate is 0%. Regulated financial services companies pay 10%, and utilities and companies with Jersey property or development income pay 20%. Large multinational groups are subject to a 15% minimum top-up tax.
Can a foreigner set up a company in Jersey?
Yes, a Jersey company can be incorporated remotely through a licensed trust and company service provider, which provides the registered office and typically a resident director. To benefit from 0% tax the company must be genuinely managed and controlled in Jersey, otherwise it is taxed where it is managed.
What is the income tax rate in Jersey?
The standard personal income tax rate is 20% on taxable income after allowances, with marginal relief that can lead to an effective marginal rate of up to 26% on some incomes. There is no capital gains, wealth or inheritance tax.
Does Jersey have VAT?
No VAT, but Jersey levies a 5% Goods and Services Tax (GST). Eligible international service providers can register as an International Services Entity and pay a fixed fee instead of charging GST.
Sources
- Revenue Jersey (Government of Jersey)
- Jersey Financial Services Commission - Registry
- PwC Worldwide Tax Summaries - Jersey
Similar countries
Not tax or legal advice. Rates and rules change; we check official sources and update every page, but verify with a licensed adviser in the country before acting. Spotted something out of date? Use the correction form below.