More detailed guidance issued on Economic Substance for Channel Islands Companies
26 April 2019
Joint Guidance Notes (JGNs) have been published setting out further detail on the application of the new economic substance legislation in each of the three Crown Dependencies of Jersey, Guernsey and the Isle of Man. This note summarises the key elements of the JGNs.
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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.