Company Formation in Guernsey

Start your venture in Guernsey today Seamlessly navigate company formation and registration with our expert guidance. Maximize opportunities with smooth incorporation processes. Get ahead with Enterslice for hassle free company formation..

100000 + Happy Customer

100000 +

Happy Customer

50000 + CA & Lawyers

50000 +

CA & Lawyers

50 + Offices

50 +

Offices

Rated at 4.9 By 30000 + Customers Globally

Google Reviews

9,500+ Happy Reviews4.8/5 | 9,500+ Happy Reviews

REQUEST A CALL BACK

Rated at 4.8 Rated at 4.8/5 9,500+ Happy Reviews

Why company formation in Guernsey?

Guernsey is an island country located in the English Channel in the west of France. It comes under the Channel Islands and are second largest channel island after Jersey. Saint Peter Port is its capital and the largest town. The transportation here is well developed as Guernsey is accessible by both air and sea. Therefore, it is an attractive destination for foreign investors for the company formation in Guernsey. It brings business friendly environment for global investors specifically I under the financial sectors. If you are looking to start your business journey in Guernsey we got you covered, our experts are ready to provide tailored solutions meeting your customized demands.

Business Entities for company formation in Guernsey

Limited liability Company

The most widely accepted business structure in Guernsey is Limited Liability Company (LLC), under the limited liability company shareholders are only liable for the company’s debt in accordance to their subscribed capital.

Guarantee Company

Guarantee company formation in Guernsey is usually done for charitable or non-trading purposes, under this type of business structure the member of company guarantees a specified amount towards the debts of the business rather than holding the shares of the company.

Unlimited Liability Company

Unlimited Liability Company in Guernsey have shareholders with The shareholders in a limited liability company in Guernsey have an unlimited liability to contribute towards the date of the company.

Mixed Liability Company

It is a hybrid company with both guaranteed members and shareholders. Shareholders may have limited or unlimited liability.

Cell companies

These types of companies have been popular among the investment fund industry and insurance industry. These companies are of two types

Protected cell company- These companies function based on cells whereby the assets and liabilities of a company are segregated. It is a single legal entity. The assets and liabilities of the company are ring-fenced from each other.

Incorporated cell company- Here, each cell of a company functions as an individual cell company that holds its assets and liabilities.

Eligibility for company formation in Guernsey

  • Local registered office for company registration in Guernsey
  • At least one director for company registration in Guernsey
  • At least one shareholder for company registration in Guernsey
  • No minimum authorized share capital for company registration in Guernsey
  • Drafting MoA and AoA for company registration in Guernsey
  • Corporate bank account opening after company registration in Guernsey
  • Obtaining licenses and permits after company registration in Guernsey
  • Appointing company secretary for company registration in Guernsey

necessary papers for company formation in Guernsey

  • Duly filled application form for company incorporation in Guernsey
  • Particulars of directors and shareholders- name, address, nationality
  • Passport copies of directors and shareholders
  • Local registered office address for company incorporation in Guernsey
  • AoA and MoA for company incorporation in Guernsey
  • Declaration of compliance for company incorporation in Guernsey
  • Declaration of status of tax residency for company incorporation in Guernsey
  • Reference letter of banks for directors and shareholders
  • necessary papers for licenses and permits for company incorporation in Guernsey
  • KYC (Know your client) necessary papers for all shareholders and directors

Post Registration compliances for company formation in Guernsey

Annual Validation

After successful company formation in Guernsey, every company must file an annual validation with the registrar before the end of February of each year.

Annual General Meeting

After successful company formation in Guernsey, every company should hold its first annual General meeting within 18 months of company incorporation in Guernsey.

Accounts

After successful company formation in Guernsey, every company should maintain its accounting records so that it can explain its transactions in case any need arises. These records must be kept for at least six years. Financial records for each year must be prepared after the company formation in Guernsey.

Company registers

After successful company formation in Guernsey, every company should maintain its registers which would contain specific details of its members, directors, shareholders, and any resident agent, or secretary.

NBFC

Global Crypto Compliance 2024: Regulations in Every Country

Global Crypto Compliance 2024 provides a comprehensive overview of cryptocurrency regulations across the globe.

Download PDF

Our Services for company formation in Guernsey

We at Enterslice offer you the following services

  • Annual tax filing services after company formation in Guernsey
  • Applying for tax residency certificate after company formation in Guernsey
  • Corporate bank account opening after company formation in Guernsey
  • Company registration in Guernsey services
  • Local registered address services in Guernsey
  • Secretary services for company formation in Guernsey

Benefits of company formation in Guernsey

There are many advantages to engaging in company formation in Guernsey, which has been mentioned below

Stable political environment

Guernsey is a British crown dependency and it has a stable political environment which makes it attractive for global investors for their company formation in Guernsey.

Tax regime

Guernsey also has a competitive tax regime such as no value-added tax and no capital gain tax levied by the government of Guernsey. Additionally, the government of Guernsey also provides some tax exemptions to global investors for company formation in Guernsey.

Financial services hub

Guernsey is a well-established financial services hub. Sectors like banking, investment, and insurance are well regulated here as per the international standards which enhances its reputation for company formation in Guernsey.

Well developed infrastructure

Guernsey has a well developed infrastructure and good connectivity which makes it even more attractive for company formation in Guernsey.

Skilled workforce

A skilled and highly qualified labor force makes it the most preferred destination for company formation in Guernsey.

Steps for company formation in Guernsey

We shall help you in your company formation in Guernsey after conducting due diligence on all the necessary papers that you have provided us. We shall now guide you through the procedure that needs to be undertaken for successful company formation in Guernsey

Choosing an appropriate business entity

The first step is to choose an appropriate business structure as per your specific business needs.

Company name reservation

The second step is to choose a unique name for your company formation in Guernsey and check for the availability of that name.

Appointing Key personnel

The Next step is to appoint key personnel for your company formation in Guernsey such as the directors and shareholders.

Local registered office address

You must have a local registered office address for your company formation in Guernsey where all the correspondence could be sent.

Drafting of necessary papers

You must carefully draft and submit the MoA and AoA that defines the company’s purpose and structure.

Application for company registration in Guernsey

Submitting the company registration application along with all the relevant necessary papers to the Guernsey registry for the company registration in Guernsey.

Post Registration necessary paperation

After successful company incorporation in Guernsey, you will receive a certificate of incorporation.

Obstacles during company formation in Guernsey

Obstacles that you need to overcome while engaging in a company incorporation in Guernsey

  • Checking for company name availability
  • Ensuring regulatory compliances after company registration in Guernsey
  • Preparing all the necessary Paper works for due diligence
  • Managing tax considerations, the company incorporation Guernsey
  • Language challenges for non-English speakers

Tax Considerations & Company Formation in Guernsey

There is a uniform income tax regime for global investors seeking company formation in Guernsey. The current corporate tax rate for companies in Guernsey is at the rate of 0%. Additionally, there are no inheritance, tax, capital, gain, tax, or any goods and services tax in Guernsey.

Exceptions

  • Investment funds can be exempt from tax on a payment of a fee of Euro 1200.
  • On specific regulated businesses, corporate income tax at the rate of, 10% is levied
  • A corporate tax rate of 20% is levied on companies regulated by the Office of utility regulation
  • A corporate tax rate of 20% is levied on companies deriving their income from Guernsey property.

Best regions for company formation in Guernsey

St. Peter Port

This is the capital city and largest town of Guernsey. It is a business and financial services hub. Therefore, banking and legal investors find it attractive for the company formation in Guernsey.

St. Martin

This place is best preferred for those businesses that are looking for a countryside setting for their company formation in Guernsey.

St. Sampson

This is a suitable location for those companies looking for business setup in Guernsey in the logistics sector or warehousing due to its proximity to the harbor and industrial areas.

Frequently Asked Questions

At least one director is required for company formation in Guernsey.

At least one shareholder is required for company formation in Guernsey.

There are five types of business models for company, formation, Guernsey like limited liability, company, Guarantee Company, cell companies, mixed liability, company, and unlimited liability company.

The best regions for company formation in Guernsey are Saint Peter Port, Saint Martin, and St. Sampson.

Yes, a local registered office requirement is my duty for company registration in Guernsey.

Company registers contain specific details of its members, directors, shareholders, and any resident agent, or secretary.

Yes, the Guernsey government a tax exemptions for company formation in Guernsey.

Every company must file an annual validation with the registrar before the end of February of each year.

These records must be kept for at least six years after company registration in Guernsey.

The current corporate tax rate for companies in Guernsey is at the rate of 0%.

No, there is no capital gains tax in Guernsey.

We partner with more than 100+ companies

-- Testimonials

Don't take our word for it

In the news