Draft Limited Liability Companies Law
Launch date: 24/08/2018
Review status: Comments published
What is the review about?
The draft Law (P.85/2018) provides for the establishment of limited liability companies (LLC) in Jersey. LLCs are most commonly associated with the United States (US). LLCs combine the limited liability protection of a company with the constitutional flexibility and privacy of a partnership, whilst enabling a choice between the management structures and tax treatment of both.
Terms of reference
The Panel will issue a Comments paper in respect of the draft Law before the debate on 11 September 2018.