Jersey the International
Finance Centre

While we often work closely with Britain, we’re not part of the UK or represented by the British Houses of Parliament. We’ve maintained this domestic autonomy for centuries, which will continue to bring benefit in the post-Brexit future.

We’re proud to have our own elected Parliament and judicial system, bringing us stability and freedom of independence.

Is Jersey a tax haven? No. Jersey offers a clear, tax-neutral environment, allowing investors to work together more efficiently. They pay tax in their own countries and in those they invest in, without complex cross-border tax issues – and without being taxed twice.

Without places like Jersey, bringing many different investors together would be very difficult, with many investments and benefits being lost as a result.

To ensure the right tax is being paid, strong regulation is needed. Jersey’s strong regulatory framework sets it apart from other IFCs. The framework for our IFC is one of the strongest in the world, designed to bring clarity and transparency to the world of finance.

In our IFC, we make certain that we know exactly where all the money in Jersey has come from and where it’s going. We then share that information with the relevant authorities and governments, working with them to ensure the tax due is being paid. This constant communication is vital to fighting financial crime and corruption.

As one of the best regulated IFCs, we have been acknowledged by independent assessments from some of the world’s leading bodies, including the World Bank and IMF, as well as scoring top marks from the OECD on tax transparency. We were also subject to a Mutual Evaluation by MONEYVAL in 2016 and found to be ‘compliant’ or ‘largely compliant’ with 48 out of 49 FATF Recommendations, the highest score amongst all states assessed.

Together with the many major financial services organisations that are based in Jersey’s capital, St. Helier, we employ almost a quarter of the local workforce. Jersey’s finance centre has developed a breadth and depth of products and services that sets us apart from other jurisdictions – offerings that’ll only grow in the future.

Our legal framework provides vital support to our finance centre, making sure that we stay flexible and attractive for domestic and international markets.

The highly-skilled workforce and key stakeholders in our IFC work together to develop products and services. This focus adds value to local and global economies, as well as the futures of individual investors.