Jersey Cell Companies: PCCs and ICCs Explained

Demand for Jersey cell companies is growing across insurance, structured finance, securitisation, funds and family office structures, as sponsors look for efficient platforms that offer strong segregation of assets and liabilities.

In many cases, the key question is whether a Protected Cell Company (PCC) or an Incorporated Cell Company (ICC) is the better fit.

Jersey PCC vs ICC: key differences

While PCCs and ICCs may look similar, the distinction matters. In a Jersey PCC, the cells are not separate legal entities and cell company ring-fencing is achieved by statute. In a Jersey ICC, each cell is separately incorporated and has its own legal personality. That difference affects contracting, governance, tax treatment and insolvency analysis.

Why use Jersey cell company structures?

Jersey’s cell company regime is also notable for its flexibility. Jersey cell company structures can be used across a wide range of commercial and investment arrangements, and Jersey law allows for useful conversion, restructuring and migration options where commercial needs change over time.

Our JTC Law guide provides a practical overview of how Jersey PCCs and ICCs work, the main PCC and ICC differences, and the factors that often drive the choice between the two.

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