Incorporated Limited Partnership I.L.P.Jersey
What it takes to form, own and run a limited partnership in Jersey, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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a limited partner is not liable for the debts or obligations of the incorporated limited partnership.
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one or more persons who are general partners; and ( b ) one or more other persons who are limited partners.
The registry’s and the law’s own pages do not mention it.
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All profits will be taxed and collected at the individual partner's file, irrespective of the partnership type.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the I.L.P..
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2
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one or more persons who are general partners; and ( b ) one or more other persons who are limited partners.
- A local company secretary
- Does not apply
- A local registered agent
- Not required
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An incorporated limited partnership shall have a registered office in Jersey. ( 2 ) An incorporated limited partnership does not comply with the requirement in paragraph (1) unless the occupier of the premises that are the registered office authorizes for the time being their use for that purpose.
Each year, at the registry
- Annual registry fee
- GBP 220 (about €258)
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£220 Receipt of an electronic annual confirmation statement from an ordinarily
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not required
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it shall not be necessary for an incorporated limited partnership to appoint an auditor or have its accounts audited.
- Audit
- No audit is necessary unless the partnership agreement or Regulations provide (ILP Law Art 9(2)).
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it shall not be necessary for an incorporated limited partnership to appoint an auditor or have its accounts audited.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the I.L.P. are in our records.
What is public
Not in our records What the register shows the public is not in our records for the I.L.P..
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Profits and gains of an incorporated limited partnership are treated as profits of the partners if they are resident in Jersey; partners declare their share.
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All profits will be taxed and collected at the individual partner's file, irrespective of the partnership type.
- CFC rules in Jersey
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- A liquidator is appointed, or the partnership is dissolved or cancelled, by submitting a change in particulars form via myRegistry (Registry page for changes to a limited partnership).
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change the amount of invested capital appoint a liquidator dissolve / cancel the partnership change the partnership activity type
- Statutory fee
- Free
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Cancellation of a declaration for partnerships
Every business in Jersey
GST
- Standard rate
- 5%
Goods and services fall into three categories: standard-rated at 5%, zero-rated at 0% (exports of goods, housing, medical prescriptions, international services) and exempt (financial services, insurance, postal services, some medical supplies and charities).
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These are goods and services that are taxed at a standard rate (5%) of their total value at the point of sale.
- Other rates
- 0% Exports of goods, housing, medical prescriptions, international services
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These are goods and services that are taxed at a standard rate (5%) of their total value at the point of sale.
- Registration threshold
- GBP 300,000 · about €352,299
taxable supplies, including standard-rated and zero-rated goods and services; preceding 12 months, or the coming 12 months
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You must register if your business has made taxable supplies of £300,000 or more in the preceding 12 months.
- Voluntary registration
- Yes
A business in Jersey, or an overseas retailer under the threshold, may apply for voluntary registration.
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If you are a business in Jersey or an overseas retailer under the threshold, you can apply for voluntary registration.
- A foreign company
- The same threshold applies
A service provider with no business establishment in Jersey does not have to register for GST where its Jersey customers account for the tax under the reverse charge; an overseas retailer selling goods to consumers in Jersey must register once its turnover exceeds £300,000 a year. The pages read do not state whether a representative is required.
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The 'reverse charge' procedure means that service providers who have no business establishment in Jersey don't have to register for GST, as long as their customers are.
- Returns filed
- Quarterly
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GST returns are submitted quarterly using an online form.
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
None of the services whose lists we hold names Jersey. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Limited partnershipDerived our grouping, the same words in every country
- Name in law
- Incorporated Limited Partnership (I.L.P.)
- ISO 20275 code
- 33IPSecondary GLEIF, Entity Legal Forms code list