The impact of economic substance rules on family offices in the Channel Islands

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Related briefings

Family offices and Jersey’s economic substance rules

Family office structures which include Jersey tax-resident companies need to consider whether those companies are within the scope of the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Economic Substance Law). The Economic Substance Law came into effect on 1 January 2019 and applies to certain Jersey tax-resident companies conducting one or more “relevant […]

Subscription- secured financings in Cayman – Enforcement vs Perfection

By Mark Santangeli, James Lydeard The Cayman Islands is one of the leading jurisdictions in the world for the establishment of closed ended investment funds. Funds are often formed as exempted limited partnerships (“ELPs”). These funds are structured on a standalone basis or as part of a larger fund structure. For example, it is common […]

Family-friendly laws in Jersey – Amendment No 11 approved

Here is a reminder of what Amendment No 11 provides, together with some of the main amendments in the most recently lodged law, which was approved on 24 October 2019: Parental leave 52 weeks’ parental leave for all parents, of which 6 weeks are paid at 100 percent pay by the employer, with no qualifying […]

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