ICECAP's head office is located on the island of Jersey , one of the world’s leading international finance centers (IFCs) and has been rated as the top Offshore Jurisdiction for seven consecutive editions of the Global Financial Centres Index.
Jersey has a robust regulatory framework - www.jerseyfsc.org
It has political and economic stability, is debt-free with reserves and has a policy of balanced budgets
It is independent with its own democratically elected Parliament, responsible for all domestic affairs including fiscal matters
Jersey has its own judicial system, based on common law principles
Jersey is a well-established financial centre, combining political and economical stability with a sophisticated legal system. Highly regarded in areas of transparency and compliance, Jersey is a G20 white list approved jurisdiction and an associate member of the Organisation for Economic Co-operation and Development (OECD).
Jersey’s central time zone aligns with the opening of business in the USA and the closing of business in China and India. It has close proximity to Europe but has independence from the European Union. As such, Jersey is a major conduit for international capital flows, with its tax neutrality - providing fiscally efficient cross-border investment.
The Jersey finance industry employs a quarter of the local workforce and has developed a range of products and services that competing jurisdictions find difficult to match.
Jersey’s value to Africa
Jersey has also developed a network of tax information exchange agreements with various jurisdictions including South Africa and shortly Kenya. Double taxation agreement negotiations are progressing with Botswana, Ghana, Lesotho, Malawi, Mauritius, Nigeria, Seychelles, Swaziland and Zambia.
In addition, the Jersey Financial Services Commission has agreed a memorandum of understanding with the Bank Supervision Department of the South African Reserve Bank and the Financial Board of the Republic of South Africa.
First Floor, Osprey House
5-7 Old Street
Jersey JE2 3RG
T +44 1534 487101