Ensuring Responsible Compliance
For corporate entities that fall in scope of the legislation, including holding companies intellectual property companies, leasing companies, headquartered businesses, insurance as well as a number of others businesses, they must demonstrate that they satisfy the legislative requirement to evidence the adequacy of economic activity undertaken in Jersey.
In common with other offshore centres. Jersey has introduced legislation to prevent abusive tax practices. Where companies derive income offshore there are specific requirements placed upon them. Responsible Compliance will ensure that financial penalties and reputation damage are not incurred.
Deploying the right combination of governance, and economic activity on island ensures that full compliance can be demonstrated.
The most important early step is to ensure correct classification, with which the experienced team at Forward can assist. We can advise on the legal status, tax applicability and any rectification measures on a company’s offshore activities to identify any potential substance issues and work with you to find rapid, cost-effective solutions.
Where companies are required to hold physical meetings in Jersey, our conveniently located office at the General Aviation facility at Gama Aviation at Jersey’s airport. Busy executives can hold a meeting and conclude their business without having to travel to town and back. There is no faster or more efficient way to conduct business in Jersey.
- Registered office
- Local personal and corporate directors
- A pool of non-executive directors
- Payroll administration for Jersey employees
- Licenses for employment
- Company secretarial services
- Regulatory support
- Substance office space and infrastructure
- Systems and employees
- Management accounting and reporting