4th floor st pauls gate, 22-24 new street, st helier, jersey, je1 4tr company number: fc032123 3 merchant square limited. For a public company, it must additionally include director details. Type of Law . Where an application for a business licence is successful, information provided to the Business Licensing will be securely shared with other States of Jersey departments and the Jersey Financial Services Commission (JFSC). You can submit your signed application by: We’ll review your application and we may need to contact you to check or update your If you’d like to find out more about setting up or moving an existing business to Jersey, contact Jo and her team on +44 (0) 1534 854754 in Jersey or email them at info@qrcci.com What are the requirements and features involved with setting up a company in Jersey? endobj Setting up an accounting system for your business is one of the most important things you can do for your company to ensure long-term success. At any time, a private limited company can apply to the JFSC to be converted to a PLC and vice versa; Every new business setting up in Jersey needs a licence from the Population Office under the Control of Housing and Work (Jersey) Law 2012 before it starts to operate, whether it is operated from your home or otherwise. To incorporate a company under CJL, the following must be delivered to the Registrar of Companies: 1. a statement of particulars, signed on behalf of the original subscribers. You’ll either receive a certificate confirming that you’ve registered your business name, or the JFSC will contact you if there is a reason why your requested business name has been refused. Step 1: Check if setting up a limited company is right for you Check what a private limited company is ; How you set up your business depends on what sort of work you do. LLCs formed under New Jersey law have similar tax treatment and ease of operation that sole proprietorships do, but shield owners’ personal assets if the company has legal or financial problems. Find out what you need to do to set up a business in Jersey. sole trader and partnership application guidance notes. �����.�� E�ĩ]�p���䁒�;���R�������nx�CGG������7�\L�����7�~L��O^��&���S�/_���E٪L�$���ʪD�Y�\�*�LVۗ/��m�۾L~�%�z�"��7I�(Ъ�\"%��P@�*UxBMH����q�[���c������������}�����q��?��G|���[���� �V$�Ln��|!hy��p It may be worthwhile taking advice from a solicitor or accountant as to whether an incorporated company is the best way for you to run your business. How to Register. One of the main reasons for setting up an offshore Jersey trust is to hold assets in a tax efficient way. If you’re receiving Income Support and you have started up a business, you need to let us know what your profit and loss accounts are. If you're setting up a business, Once your company is set up, complete an application form for a business licence and return it to us by email, post, or by dropping it into the Customer and Local Services building. The JFSC will contact you to take a £55 registration fee before your business name can be registered. You can also find out how to use These particulars include the name and intended registered office address of the company and, in the case of a public company, details of its proposed directors and financial year end date. Business licenses are ordinarily only granted to individuals who have residential and employment statuses of entitled for work or licensed. 1. A person holding shares in the unlimited company has unlimited liability to contribute to the assets of the company at the time of winding up of the company. What if we use Jersey to set up our holding company? 6[�w�H\��F�rr�%��UZ.v�7�s�66����b*�"�Y���p���A�J�59G]�9 �U��q��u��nw�tw��Rd�� &��ڂE8�����n�M�p��4�C2�{Λ��U���L���C?�G����ߧ"�\�R,P~����s�e �1�%�T�k}^\��u�1�� COMING SOON. You don't need to apply for a business licence if you meet all three of the following criteria: You can fill in the new business application form online, but you'll need to print off and sign the form before you submit your application. Back to Work Recruitment to help you find staff. You should check that your preferred business name is not already registered, and that it complies with any guidance issued by the JFSC. residential status. Monday to Friday 8.30am to 5pm for telephone and online enquiries only, Business LicensingPO Box 55Philip Le Feuvre HouseLa Motte StreetSt HelierJE4 8PE, This website is not compatible with your web browser. Hiring the right people is one of the most important things you can do for your business. 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