Jersey Fund
WOJ Advisors assists companies interested in creating and setting up Jersey domiciled funds. The island of Jersey a popular offshore destination to setup a fund. Jersey is the largest of the Channel Islands and unlike Guernsey and the Isle of Man, Jersey is not part of the United Kingdom.
Private Jersey funds are authorised by the issue of a consent under the Control of Borrowing (Jersey) Order 1958 and are regulated by the conditions on such consent.Ā Jersey funds are both public and private. Publicly offered investment funds are regulated under the Collective Investment Funds (Jersey) Law 1988, in the case of ārecognizedā funds (offered to retail investors in the UK) pursuant to a detailed series of statutory rules, and in the case of all other publicly offered funds, through the JFSCās regulatory policies.
Jersey offers several structures for those seeking to create a fund. There is the Expert, Listed and Unregulated Fund of Jersey, which are quick to setup. These types of funds most only accept sophisticated investors for investment.
Most alternative investment funds domiciled in Jersey are set up as Expert Funds and WOJ can assist with setting up your fund, or assist with Fund Administration needs, including:
Offshore administration services can include:
- Fund Setup
- Registered Office
- Registrar and Transfer Agent
- Director Services
- Corporate Secretarial Services
- Banking Services