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Jersey puts hold on fees to boost competitiveness

Jersey Finance recently announced that there would be no increase in formation fees for Jersey companies and partnerships in 2010. This freeze on the cost to incorporate will allow Jersey to remain competitive while jurisdictions such as the Cayman Islands have increased their fees significantly. Jersey Finance Chief Executive has commented “Despite difficult and challenging climate over the past 12 months, Jersey’s funds industry has performed relatively well and Jersey’s fee structure for funds and company work remaining unchanged for 2010 is excellent news”. Charterhouse Lombard can incorporate a range of jurisdictions including Jersey, for more information please contact Anthony Shield.

Published: 31/03/2010 11:09:59
News Category: Offshore Companies

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