Jersey Finance and the Jersey Funds Association have welcomed recent changes to the guidance governing Limited Liability Companies (LLCs) in Jersey, which are designed to provide greater clarity and flexibility for practitioners and reinforce theIsland's competitiveness as a leading international finance centre (IFC).

The updated guidance, published by the Jersey Financial Services Commission (JFSC) following a period of consultation, came into force on 14 October 2026 and provides further clarification around certain aspects of Jersey's LLC regime, supporting the use of LLCs as an effective option for cross-border structuring across a wider range of regulated activities.

In particular, the updated guidance clarifies a number of measures, including

• allowing LLCs to act as trustees
• allowing LLCs to be used for specified financial services activities
• removing restrictions limiting LLCs to financially sophisticated investors or customers
• improving the clarity and usability of the guidance
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The latest changes are intended to address areas where greater regulatory clarity would benefit practitioners, helping to provide increased certainty around the establishment, administration and operation of Jersey LLCs, opening up new structuring opportunities and giving advisers more options to meet their clients' needs.

Initially introduced onto the statute in 2022, Jersey's LLC regime provides an innovative and flexible corporate vehicle that combines features of both companies and partnerships. It has been designed to complement Jersey's existing range of corporate structures and provide an additional option for international businesses, investors and advisers seeking efficient and sophisticated structuring solutions.

The updated guidance forms part of ongoing collaborative efforts betweenJersey's government, regulator and industry to ensure the Island's legislative and regulatory framework remains modern, competitive and responsive to evolving international market requirements.

Commenting on the changes, Joe Moynihan, CEO, Jersey Finance, said: "Jersey has along track record of innovation and of adapting its legislative and regulatory framework to meet the evolving needs of international investors, businesses and advisers. The introduction of the Jersey LLC regime was an important step in broadening our corporate structuring capabilities, and these latest changes represent a further positive development in ensuring that framework remains clear, flexible and competitive.

"Against the backdrop of an increasingly complex global financial services landscape, it is vital that we continue to evolve our proposition and provide certainty and choice for those looking to structure their international activities through Jersey. These clarifications will help support the continued development of our LLC regime and reinforce the Island's appeal as a jurisdiction of choice for sophisticated cross-border structuring.”

Joel Hernandez, Chair of the JFA, added: "The latest changes to Jersey's LLC regime are a welcome development and represent a further positive step in strengthening Jersey’s offering as a leading international financial centre. The additional clarity and flexibility provided by the updated guidance will help unlock the potential of Jersey’s LLC regime, creating further opportunities for international structuring and expanding the options available to investors, fund managers and their advisers.

“Importantly, this demonstrates Jersey's continued commitment to evolving its legal and regulatory framework in response to market needs, ensuring that our structures remain competitive, practical and fit for purpose in an increasingly sophisticated global marketplace."

The JFSC’s updated LLC guidance can be found here.