Jersey foundations are drawing interest from other countries – Twenty-seven Jersey foundations have been established since they were introduced into Jersey law in July 2009. The Foundations (Jersey) Law 2009 permits the establishment of foundations which are incorporated bodies that can hold assets, transact business and sue and be sued in their own name. The law is flexible, enabling Jersey foundations to be structured to look and operate more like a trust or a company, as required. This flexibility makes them attractive to foundations in other civil law jurisdictions, such as Lichtenstein and Panama.

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