Frequently asked questions.

All your questions answered in one place.

Running a business can be exciting and stimulating but not everyone has all of the answers to all of the questions!  The list can be endless but hopefully this page will help answer your most pressing question.

Here are a selection of the ones we come across the most.

Where is your office located?

The Jersey Business team can be found in our centrally located offices at

31 The Parade, St Helier, JE2 3QQ.

What are your opening hours?

We are open: Monday to Thursday 9.00 am to 5.00 pm Friday 9.00 am to 4.00 pm We are closed on public holidays.

Do you have a start-up pack?

Yes we do.

Visit our Starting up section and see our 6 Step Start-Up Journey.

 

I want to set up a business and don’t know where to start. Do you have a step by step guide?

Yes we do.  Check out our 6 Step Start-Up Journey

This will help you understand the feasibility of your idea, how to put a plan together, what formalities are required, when to launch and what kind of support is available once you’re on your commercial journey.

Should I set up as a Sole Trader or a Limited Company? And what are the advantages of one over the other?

Whether you are starting up a brand-new business or adding to an existing one you should think carefully about which business structure is most appropriate for the type of activity that your business will be undertaking. The legal form you choose will depend on the commercial needs of your business, the risks that you are willing to take and your own personal situation.

Here is our Guide to Types of Trading Entity which explains the difference between Sole Trader/Partnership and a Limited Company.

What are the legal requirements for setting up a business in Jersey?

Depending on the nature of the business you are planning on there may also be other industry specific regulations and practicalities you need to consider.  Check out our 6 Step Start-Up Journey and Step 4 will advise you of all the legal requirements for setting up your business.

I’m setting up a Limited Company, what are the requirements.

If you are a Jersey resident and thinking about setting up a limited company in Jersey, our Setting up a Limited Company page we will take you through the process of incorporation, explain the forms that you will need to complete and where to submit them.

For practical help with preparing the necessary documentation, you can attend one of our Incorporating and Administering a Limited Company workshops which we run regularly throughout the year.

How long do I have to have lived in Jersey before setting up a business in Jersey (become self-employed)?

Usually, you must be resident in the island for five consecutive years to set up a business in Jersey.  For more up to date information and clarity visit the gov.je website for information on Residential and employment statuses and what they mean.

I’m setting up a Limited Company and I completed the JFSC forms but require a Memorandum & Articles of Association, can you supply them?

We don’t supply Memorandum & Articles of Association templates, we do however offer Incorporating and Administering a Limited Company workshops for Jersey residents for practical help with preparing the necessary documentation when setting up a Jersey Limited Company.  The workshops are run regularly throughout the year.

I’m a non-resident and want to set up a company in Jersey, what do I do?

If you are not a resident in Jersey, an important factor in deciding where to locate your company and which type of structure to use, will be the tax and regulatory implications of setting up on the island. As a result, it is essential that you get professional legal and tax advice in order to make a well-informed decision about the most appropriate structure for your individual circumstances.

For more information visit our Setting up in Jersey as a Non-Resident page.