Jersey has enabled the establishment of Incorporated Cell Companies (ICC) and Protected Cell Companies (PCC). In the former, the cells are themselves incorporated, whereas in the latter they are not, but there is one incorporated company. In Jersey, neither type of cell company is restricted in their applications.
The key feature of each type of cell company is that the assets of each individual cell will not be available to the creditors of the other cell.
They offer a cell structure where assets, liabilities, shareholders and directors may differ in each cell. There may be different classes of shares in each cell.
Cells are not wholly independent of their structure, as they would be in a group.
Cells may invest in each other.
Regulated by the Jersey Financial Services Commission to conduct Trust Company Business