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Fees and timelines in 2024

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

Other fee considerations

Timelines

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

Service Resident LLC PLC LLP Foundation Trust Branch RO
Engagement Planning 1 week 1 week 1 week 2 weeks 2 weeks 2 weeks 2 weeks
Company incorporation period 2 weeks 3 weeks 3 weeks 4 weeks 4 weeks 3 weeks 3 weeks
Bank Account approval 3 weeks 3 weeks 3 weeks 4 weeks 4 weeks 3 weeks 3 weeks
Internet Banking approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 10 weeks 11 weeks 11 weeks 14 weeks 14 weeks 12 weeks 12 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