Registration of companies in Guernsey
from 1965 c.u.
Guernsey is an island in the English Channel and is part of the Channel Islands. The island is the possession of the British crown but is not part of the United Kingdom of England and Northern Ireland.
The island’s economy is boosted by tourism and offshore companies which have been registered here since the 1960s.
Businessmen choose Guernsey for a number of reasons, including:
- traditionally close ties with Great Britain
- all document flow in English
- lack of currency control
- excellent water-air communication
- the EU principles of taxation do not apply to Guernsey since this area is not part of the EU
HOW A COMPANY CAN BE REGISTERED IN GUERNSEY
Today here you can register a joint stock limited liability company of open of closed type.
CHANGES IN LEGISLATION
Since the laws regarding offshore companies are constantly changing, it is very important to keep your finger on the pulse. Our lawyers will advise you on all issues of interest.
A company shall have a real presence in Guernsey if it is engaged in the following activities:
- banking and insurance
- asset management
- leasing
- holding activities
- transportation
REGUIREMENTS FOR EXEMPTED COMPANIES
- it is forbidden to conduct insurance and some other activities in the jurisdiction
- owners cannot be residents of the Island
- observance of confidentiality
- all information about the owners is provided upon registration
When choosing a company in Guernsey, you need to consider a number of subtleties that will help you further your successful international business.
