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Fees and timelines in 2023

Fees

pay fee by instalmentsJersey incorporation costs in Year 1 will amount to £4,950 and annual company costs in Year 2 and thereafter amount to £12,070. The average total fees per Jersey engagement amounts to £13,230, including company incorporation, company secretary, corporate bank account and legal registered office.

Different Jersey entity typesCostDraft invoice
Tax resident LLC£13,230View invoice PDF
PLC company£16,610View invoice PDF
Limited liability partnership£15,160View invoice PDF
Trust£16,700View invoice PDF
Foundation£16,700View invoice PDF
Branch office£14,460View invoice PDF
Representative office£13,750View invoice PDF
Tax exempt LLC with Jersey account£13,930View invoice PDF
Tax exempt LLC with global account£28,505View invoice PDF
Turnkey solution£20,980View invoice PDF

Other fee considerations

Timelines

The average engagement period for Jersey business setup is 10 weeks as outlined below:

ServiceResident LLCPLCLLPFoundationTrustBranchRO
Engagement Planning1 week1 week1 week2 weeks2 weeks2 weeks2 weeks
Company incorporation period2 weeks3 weeks3 weeks4 weeks4 weeks3 weeks3 weeks
Bank Account approval3 weeks3 weeks3 weeks4 weeks4 weeks3 weeks3 weeks
Internet Banking approval3 weeks3 weeks3 weeks3 weeks3 weeks3 weeks3 weeks
Engagement completion1 week1 week1 week1 week1 week1 week1 week
Total engagement period10 weeks11 weeks11 weeks14 weeks14 weeks12 weeks12 weeks

japan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our project management services in Jersey, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
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