Guernsey Company Formation
A Guernsey company is a popular corporate structure for international business people seeking a tax-efficient, stable and reliable jurisdiction |
|
|||||
The Guernsey Financial Services Commission (FSC) is a regulatory body for the finance industry in Guernsey. The FSC has the primary objective of regulating and supervising all financial services in Guernsey, including the services of corporate service providers. Further information can be found on the Guernsey FSC website. |
||||||
As an international company incorporation specialist, Healy Consultants utilizes international experience along with a broad network of business associates to assist entrepreneurs fulfill their Guernsey objectives.
|
||||||
Advantages of Guernsey Company Formation |
||||||
| 1. | Guernsey company formation is an ideal way to book international profits without paying corporation tax, if properly structured. |
|||||
| 2. | Since Guernsey is not a member of the European Union (EU), traders do not register for value added tax (VAT).
|
|||||
| 3. | Guernsey companies pay zero tax on all income, unless governed by the Financial Services Commission, in which case the company is liable at a 10% tax rate. The zero/ten tax policy was introduced in Guernsey in January 2008. |
|||||
| 4. | Guernsey company formation requires only one director who need not be resident in Guernsey. Corporate directors are permitted however a director cannot also be company secretary. |
|||||
| 5. | There are no minimum capital requirements with Guernsey company formation. |
|||||
| 6. | Healy Consultants can assist with opening of international corporate bank accounts to support Isle of Man company formation. Our firm works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
|||||
Disadvantages of Guernsey Company Formation |
||||||
| 1. | A minimum of two shareholders are required for Guernsey company formation. |
|||||
| 2. | An annual return must be filed at the public registry, following Guernsey company formation. |
|||||
| 3. | Following Guernsey company formation, a register of shareholders, directors, company's share capital and the registered office address is available for public viewing. |
|||||
Considerations for Offshore Company Formation |
||||||
| 1. | Offshore companies can be an ideal, tax-efficient vehicle for entrepreneurs to conduct their international business. When selecting an offshore jurisdiction, it is important to evaluate variables such as i) its international reputation for conducting business, ii) legalities that govern investor activity iii) the stability of its economy iv) the political stability of the market. |
|||||
| 2. | While offshore corporations can have the significant advantage of legitimately minimising tax obligations, there can also be the disadvantage of carrying the tax haven stigma associated with some jurisdictions. More information on Healy Consultants offshore company services can be found on the following pages, i) Offshore company incorporation, ii) Offshore Company registration, iii) Offshore company set up, iv) Offshore Tax Planning, v) Investing Offshore |
|||||
| Contact Us | ||||||
For more information on Guernsey company formation, e-mail email@healyconsultants.com or telephone us at (+65) 6735 0120. |
||||||
Back to Europe Company Incorporation page. |
||||||
Back to Home page. |
||||||
Buy a copy of the Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
|
|
|
