Guernsey Company Incorporation
Setup a Company in Guernsey

Setting up a company in Guernsey

Guernsey is a British Crown Dependency located in the English Channel, known for its picturesque landscapes, rich history, and attractive tax laws. Company formation in Guernsey is a popular option for businesses looking to incorporate in a jurisdiction with a favorable business environment, and a reputation for financial stability.

The most common type of company formed in Guernsey is the Limited Company, which can be either a Guernsey Registered Company (GRC) or a Guernsey Incorporated Company (GIC). Both types of companies require a minimum of one director and one shareholder, and have no minimum share capital requirement. The incorporation process typically takes around 1-2 weeks. To incorporate a company in Guernsey, the following steps must be taken:

  1. Choose a company name that is not already in use and is not similar to any existing company names.
  2. File articles of incorporation with the Guernsey Registry.
  3. Appoint at least one director and one shareholder for the company.
  4. Obtain a registered office address in Guernsey.
  5. Obtain any necessary licenses or permits for the company's intended business activities.
  6. File annual financial statements and pay annual fees to the Guernsey Registry.

In terms of taxes, Guernsey has a zero percent corporate income tax rate for most companies. Additionally, there are various tax incentives and credits available for businesses operating in certain sectors such as investment funds, e-commerce, and international trade. Guernsey also offers a variety of trust and foundation structures that can be used for estate planning and asset protection.

It's important to note that Guernsey has strict regulations in place to prevent money laundering and other illegal activities. As a result, all companies formed in Guernsey are required to maintain accurate records and provide information to the relevant authorities when requested. Additionally, Guernsey has implemented the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) to ensure compliance with international tax regulations.

Register your Guernsey company in 3 easy steps

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Frequently asked questions (FAQ)

Everyone has questions forming a corporation or LLC. You are not the only one. Therefore we have put together this FAQ page to address the most important issues.

See below for the questions we hear the most, and read the answers you need to know. If you don’t see your question below, please call or email us.

What is the process for forming a company in Guernsey?
What are the benefits of incorporating a company in Guernsey?
What are the requirements for directors and shareholders of a Guernsey company?

Learn more

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