Jersey Funds Supporting Investment into Africa

Jersey offers a safe and familiar business environment for European investors across institutional, high-net worth and pension funds, and meets the market access requirements under the AIFMD.

Jersey has a straight forward and flexible funds regime, allowing funds to be set up in as little as 48 hours.

Jersey has a strong regulatory framework built around governance, tax transparency and compliance, which is recognised by leading European countries.

Jersey operates on a common law legal framework, which provides significant comfort for European investors.

Jersey has a vast amount of experience in dealing with alternative assets such as: renewable funds, infrastructure funds, technology funds, property funds, venture capital funds and private equity funds.

Jersey has almost 14,000 local qualified industry professionals, including auditors, non-executive directors, lawyers and administrators.

Jersey benefits from an AA-/A-1+ (as at January 2024) credit rating from S&P, and holds a memorandum of understanding with the Bank Supervision Department of the South African Reserve Bank and the Financial Services Board of the Republic of South Africa.

In addition, many of the world’s largest banks including First Rand, Standard Bank and Nedbank have a presence on the Island.

Jersey is one of the largest offshore jurisdictions by market capitalisation for listing companies on the London Stock Exchange (LSE), and provides access to European and other foreign investment markets through offshore listings. In addition, Jersey shares are eligible to be traded on CREST, the central securities depository for markets in the United Kingdom and for Irish stocks. In addition, Jersey can facilitate a listing on the London Stock Exchange (LSE), Euronext, Irish Stock Exchange (ISE), New York Stock Exchange (NYSE), or even the Channel Islands own specialist market, The International Stock Exchange (TISE).

Jersey is tax neutral, has no stamp duty on transfer of shares, and is included on the OECD White List.

Jersey has a tax information exchange agreement (TIEA) with South Africa and double taxation agreements (DTA) with Rwanda, Seychelles and Mauritius.

Jersey is accustomed to providing the systems and infrastructure needed to evidence offshore operations.