How high are the corporate income tax in Jersey?
The corporate income tax rate is 0% for both resident and non-resident companies.
- Exceptions for financial service companies (10% tax rate), utility companies (20% tax rate) and large corporate retailers (varies depending on the profits, maximum 20%)
- Company income from property or property development is also taxed at 20%. Any dividend or distribution from the company is taxable in the hands of the shareholder
What Double-tax treaties has Jersey?
In 2021,Jersey has FULL double taxation agreements with:
- Cyprus, Estonia, Guernsey, Hong Kong, Isle of Man Liechtenstein, Luxembourg, Malta, Mauritius, Qatar, Rwanda, Seychelles, Singapore, United Arab Emirates, United Kingdom
Jersey has PARTIAL double taxation agreements with:
- Australia, Denmark, Faroes, Finland, France (also has a tax information exchange agreement in force), Germany, Greenland, Iceland, New Zealand, Norway, Poland, Sweden