The Channel Island of Jersey as a gaming jurisdiction was historically not on the UK White List, which meant that it was not able to be used by companies targeting UK players, and therefore Jersey was significantly less attractive as a gaming jurisdiction than other UK jurisdictions (such as Alderney and Isle of Man, for example).

The White List was, however, recently removed, and therefore Jersey is now on equal terms with its peer jurisdictions.

Some of the benefits of a Jersey Gaming license compared to other similar licenses are:
<ul>
 	<li>Low license fees (only £15,000 for B2C operators).</li>
 	<li>No VAT.</li>
 	<li>No Duty.</li>
 	<li>No Capital Gains Tax.</li>
 	<li>No Capital Transfer Tax.</li>
 	<li>No Wealth Tax.</li>
 	<li>0% Corporate Tax.</li>
 	<li>Stable and respected jurisdiction.</li>
 	<li>Alignment with the highest standards of EU directives regarding money laundering.</li>
 	<li>A well-known jurisdiction in the financial world, due to the strong financial sector on the island.</li>
 	<li>No need for local directors, as in some other jurisdictions.</li>
</ul>
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<h2>Some of the disadvantages of this jurisdiction</h2>
While Jersey is indeed a highly favorable jurisdiction in many ways, the fact that the island does not have a very long licensing history does mean that some disadvantages exist as well, namely that is can be more difficult to establish a business here than in other jurisdictions, which is why some clients choose a license from Jersey and a back office in the Isle of Man - a known low-cost jurisdiction for back office services and employees. The combination of a low-cost license and a low-cost back office gives the client the best of both worlds and can hence in reality remove the disadvantages that a Jersey license entails.
<h2>Our services related to Jersey</h2>
We at Nir Porat &amp; Co., Law Firm are proud to provide both Jersey Gaming licensing services as well as other services that may prove beneficial for those interested in becoming regulated on the island, as we believe the demand for this up and coming jurisdiction and its licenses will only increase with time.

We also offer complimentary consulting services for those wondering if a Jersey Gaming license might be the best option for them and explain all the requirements in order to obtain one of these licenses, as well as the differences between a Jersey Gaming license and other popular Gaming licenses, in order for clients and potential clients to be able to choose a license option they wish to move forward with wisely.

If you are interested in knowing more about this interesting jurisdiction for Gaming regulation, contact us today for a non-binding consultation on the matter, as well as a full quote, should you wish to move forward with us.