The deadline is tomorrow – Saturday 29 February – and companies submitting late returns will be facing increased fees, as they recently went up by 10%.

Online fees are £225, while paper fees are £235.

As the fees are incremental each month, any company that fails to submit their return on time could incur extra charges of between £55 and £550, before being struck off in October.

“We would prefer people to file on time rather than charge late fees,” Julian Lamb, JFSC Registrar, said. 

“It’s important that we get this information from local companies to ensure that our data is adequate, accurate and timely. This is about ensuring that we meet international standards and that Jersey companies can do their daily business in the knowledge that the information on our register is correct and up-to-date.”