Companies of all sizes are facing a change to how they submit their business information to the Jersey Financial Services Commission (“JFSC”).
From 1 December 2020, the JFSC will no longer accept paper copy documentation and all transactions must, from this date, be submitted online via their dedicated portal.
This change in the collection of information coincides with a new law that the Government of Jersey is introducing. The law requires the JFSC to collect more information for their central registers. This information includes the submission of information on all directors, secretaries and shareholders.
Similar to when companies were required to submit beneficial owner’s information to the JFSC, they must now submit a Register of Directors online, which includes the names of directors and secretaries.
Companies can choose to file their Register of Directors at the same time as their Annual Return, which is due by 28 February 2021.
From 2021, the Annual Return is being replaced by the Annual Confirmation Statement, which must also be filed online via the JFSC portal.
Allow Grant Thornton to support you with the online filing of your information
Grant Thornton’s Business Advisory team supports many clients and small business owners by providing company secretarial services, which include the online filing of all documentation to the JFSC. To find out how we can support you with this change, please contact a dedicated member of our team.