New Jersey captive domicile overview
2025-10-31
Legislated 2011; small but adjacent to the New York corporate corridor, run by an experienced regulatory team.
| Active captives | About 20 captives (2024, Marsh) |
| Minimum capital | US$250,000 (pure captive; association US$750,000; industrial/cell US$500,000) |
| Annual licence fee | Annual renewal review approx. US$300; initial application review capped at US$4,000 |
| Tax treatment | Graduated premium tax 0.38% on first US$20m; commonly-owned captives taxed on a combined basis |
| Regulator | New Jersey Department of Banking and Insurance, Office of Captive Insurance |
Data updated October 2026, compiled from regulator statistics and industry sources (Captive Review, Business Insurance, etc.). Figures refer to the most recent available year; please refer to regulator disclosures for the latest data.