Jersey: A Clear Choice for South African Fund Managers

Jersey offers a tax neutral environment with no VAT or capital gains tax (CGT) and is not reliant upon tax rulings, exemptions and deductions, hybrid financing or double tax treaty networks. This simplified system means that, while the fund does not pay tax, investors from various countries with their individual tax systems will all pay the correct amount to their respective governments, making Jersey’s funds solutions far less complex than in other jurisdictions

As a politically and fiscally autonomous British Crown Dependency, Jersey has a strong relationship with the UK while remaining outside the UK and EU. It also provides third-country access to the EU via National Private Placement Regimes (NPPR)

Jersey’s robust regulatory framework, combined with its innovative and commercial approach, meets the scrutiny demanded by today’s clients while fostering a dynamic business environment. Its commitment to technology, including some of the world’s fastest broadband speeds, enhances its appeal as investors prioritise connectivity and digital accessibility when selecting an IFC partner

Jersey offers a wide range of fund structures. In 2017, it introduced the Jersey Private Fund (JPF), a streamlined, effective and proportionate product for privately offered alternative investment funds. Since their launch, 719 JPFs have been established

Jersey has one of the largest numbers of finance industry professionals of any IFC, with almost 14,000 professionals, giving it a vast pool of expertise

The Island’s strong and respected regulatory framework and world-class reputation make it a preferred jurisdiction for internationally-focussed investors