The benefits of Jersey as a jurisdiction for Chinese companies and investors
August 07, 2010 | BY
clpstaff &clp articlesBy Eve Kosofsky and James FoxCarey Olsen
Given the distance between Jersey and China, it may seem surprising to learn that Jersey is fast becoming a jurisdiction of choice for Chinese clients requiring offshore companies, funds or other corporate structures. In fact, it is partly because of Jersey's geographical position that it makes such an attractive proposition.
Jersey is a politically stable, well-regulated and sophisticated financial centre which also has the advantage of tax neutrality. It is therefore a prime jurisdiction within which to establish offshore companies – whether they are group holding companies with the intention of seeking foreign investment, asset holding companies, investment funds or debt issuing vehicles. Jersey has an excellent reputation globally in respect of its professional expertise and the service levels delivered within the Island.
In addition, Jersey is included on the so-called OECD 'white list' of jurisdictions that have substantially implemented internationally agreed tax standards. Inclusion on this white list is vital for many investors in order to allow them to invest into a jurisdiction.
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