Private Clients

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Jersey and Guernsey are ideal jurisdictions for high-net-worth individuals (HNWIs), families and other private clients to use when structuring their affairs. The Island provides a high-quality lifestyle, a great place to bring up a family and has a thriving business environment with a strong international reputation.

The tax regime is favourable for individuals and businesses. The standard rate of income tax is 20%. A general rate of tax of 0% for investment holding companies and most trading businesses, no capital taxes, wealth taxes or death duties and a variety of flexible, discreet structures available combine to make the Channel Islands very beneficial for private clients. 

Each year Jersey and Guernsey look to welcome a limited number of new residents. There is a beneficial tax treatment for High-Value Residents (HVRs) who satisfy certain criteria. This includes access to a 1% tax rate in Jersey and a tax cap in Guernsey.

Ahead of relocation, it is essential that pre-immigration tax advice is taken to ensure that any necessary structuring is undertaken, and all opportunities are optimised. It is important that advice is sought regarding the home jurisdiction. We have advised and assisted many individuals in breaking tax residence in their home jurisdiction and maintaining non-residence.

Through Baker Tilly Channel Islands you will also enjoy access to the Baker Tilly International global network which can provide specialist tax advice for you across a wide range of jurisdictions.   

Once you have moved to the Island, we can provide you with the soft landing that you require to be able to settle into island life. We can also provide you with the ongoing administration of pre and post-immigration structures put in place to ensure your wealth management strategy is implemented efficiently.

The Islands also seek businesses to relocate along with their owners. Safe, stable environments, robust infrastructure, the availability of suitably qualified personnel, experienced administration and office support staff make Jersey and Guernsey appealing choices for a business to operate from.

A business licence is required in Jersey, and we can guide you through this process to ensure a smooth path to obtaining the necessary approval to operate in Jersey.

"I have been very impressed with the level of service and expertise that Baker Tilly Channel Islands have given us over the course of our relationship to date. They have provided us with invaluable advice and guidance to ensure compliance with our regulatory and legal responsibilities."

Head of essential HR projects,
Top 5 Global Banking Group
At Baker Tilly Channel Islands, we will:

Areas in which we can assist include:

  • Personal tax advisory
  • Advice and assistance on applications for Jersey High value residency 
  • Business license applications
Key contact
Photo of David Osborne
David Osborne
Client Director
Photo of Phil Irvine
Phil Irvine
Client Director
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