Guide
Directors' concerns: Distributions and dividends
09 February 2023
It is a fundamental principle of company law that the property of a company belongs to itself and not to its shareholders. For that reason a company cannot simply pay or distribute its property to its shareholders. The Companies (Jersey) Law 1991 (the Companies Law) sets out requirements that must be satisfied before such a payment or distribution may be made.
Contact
About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
