The potential for management deadlocks is typically an issue with private companies having two shareholders each holding 50% of issued shares.
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If a person dies domiciled in a jurisdiction outside Jersey, with movable estate situated in Jersey with a date of death value exceeding £10,001 (‘the Jersey estate’), a Jersey grant will be required.
Jersey has been confirmed as a 'cooperative jurisdiction' by the EU Finance Ministers (ECOFIN). It is good news but click into our short article to learn more.