- Jersey Finance
- |11/12/24
The Jersey Limited Liability Company (LLC)
The Jersey LLC is a familiar vehicle designed for sophisticated investors and modelled on the Delaware and Cayman LLCs. The introduction of the LLC in Jersey expands the Island’s product offering and strengthens its position as a leading international finance centre.
This factsheet includes amendments to the legislation, which allow a Jersey LLC to elect to be a body corporate. These amendments came into effect in February 2023.
3 February 2023
Key features
What can LLCs be used for?
Securities Issuing Vehicles
Jersey Private Funds (JPF)
Manager to a Securities Issuing Vehicle
Manager or AIF Manager to a JPF
A Schedule 2 business requiring registration under the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008
Why Jersey?
Cost effectiveness
Expert community of financial services providers, including a world-class professional and legal services network
The comfort of a well-regulated jurisdiction and future certainty for marketing under AIFMD
Familiarity
A leading international finance centre for more than 60 years
Contact
Philip joined Jersey Finance to oversee business development in the Americas. Born in Jersey but based in New York, Philip has more than 20 years of professional experience in investment banking, investment management, consulting, auditing and accounting.
Born in Jersey, Nicola has a strong regulatory background having spent over six years at the Jersey Financial Services Commission - working in Securities supervision, authorisation and enforcement - before moving into industry in investment gatekeeper and regulatory consultancy roles.
Peggy Gielen joined Jersey Finance in September 2005 as Legal and Technical Manager.
Peggy is originally from Belgium, where she obtained a Masters in Economics at Antwerp University before working as a manager in the Foreign Trade and Credit functions of KBC Bank and Royal Bank of Scotland. Prior to joining Jersey Finance, Peggy was working at the Belgian Embassy in London, where she was responsible for developing and supporting inward and outward investment opportunities for Flanders.
Peggy is originally from Belgium, where she obtained a Masters in Economics at Antwerp University before working as a manager in the Foreign Trade and Credit functions of KBC Bank and Royal Bank of Scotland. Prior to joining Jersey Finance, Peggy was working at the Belgian Embassy in London, where she was responsible for developing and supporting inward and outward investment opportunities for Flanders.
