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Economy, tax incentives & labor conditions
International Business Companies registered in jersey do not have to pay corporate taxes.
79 banks are located in Jersey.
Jersey-registered companies owned by non-residents pay nothing but an $860 annual flat fee. Jersey trusts administering overseas assets for non-residents are exempt from tax altogether. As a result, some $350 billion is invested on the island.
Jersey and Guernsey manage more than 3000 billion francs of assets.
1030 offshore funds are managed from Jersey, i.e. 9% of the total offshore fund market.
Main violations of the human rights and dirty money laundering
2003 Lloyds Banking Group