Jersey Trust Formation
Jersey is an ideal offshore location for establishing a trust. The following information will help you determine whether Jersey Trust formation is the best solution to meet your personal or corporate objectives.
Advantages of Jersey Trust formation
1. Jersey Trust formation is a secure, tax-free way of administering an offshore trust. Jersey is politically-stable, has a strong economy and low unemployment.
2. Jersey Trust formation is a tax-free structure provided.
- It is registered as an 'exempt company';
- The Settlor/Beneficiaries are not resident in Jersey; and
- The Trust income is sourced outside of Jersey.
3. Jersey Trust formation is free from government duty.
4. Jersey Trust formation is not subject to capital gains tax.
5. Jersey Trust formation is not subject to estate or inheritance tax.
6. Jersey Trust formation is not subject to an audit.
7. Assets held in a Jersey Trust are regulated by Jersey law, which has no forced heirship provisions.
8. The Trustee may be a natural person, a Company or a limited partnership. There is no restriction on the number of Trustees with Jersey Trust formation.
9. The Beneficiary of a Jersey Trust may be a natural person, a Company, a partnership or any other legally-recognised entity.
10. Jersey welcomes quality business from clients all over the world but maintains strict safeguards in order to protect its excellent reputation.
11. A Jersey Trust provides greater control over how assets and property may be distributed than a Trust in many other jurisdictions.
Disadvantages of Jersey Trust formation
1. Jersey has only entered into Double Tax Agreements with the UK and Guernsey.
Uses for Jersey Trust formation
1. To hold assets including:
- Property;
- Bank accounts;
- Stocks, shares and assets of offshore Companies;
- Insurance policies;
- Intellectual property.
2. To protect assets from creditors.
3. To protect assets from losses which could result from an unsuitable marriage or other relationship.
4. For estate planning.
5. For exchange control avoidance.
6. To minimise or defer taxes on the assets and on the income and gains arising from them.
7. For the provision of tax-efficient employee benefits.
Healy Consultants fees for Jersey Trust formation
Healy Consultants fees for Jersey Trust formation are US$6,800 in Year 1 US$4,200 from Year 2 onwards. Trustee responsibility fees amount to US$2,200 (together with a refundable deposit of US$1,250).
Contact Us
For more information on Jersey Trust formation, please email 
or telephone us at (+65) 6735 0120.
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