Frequently Asked Questions about Guernsey
The following are some of the most frequently asked questions about Guernsey company formation:
How long does it take to incorporate a Guernsey company?
Am I required to visit Guernsey to incorporate a company there?
What is the minimum number of directors required for a Guernsey company?
Is a resident director required?
What is the minimum number of shareholders required for a Guernsey company?
Are shareholder/director details available for public viewing?
What are the minimum capital requirements for a Guernsey company?
Is a Guernsey company required to submit financial statements?
What other requirements need to be fulfilled to set up a Guernsey company?
What are the tax implications of a Guernsey company formation?
How long does it take to incorporate a Guernsey company?
Registering an Guernsey company is time-consuming and will take about two months.
Am I required to visit Guernsey to incorporate a company there?
No. Healy Consultants can legally incorporate your Guernsey company without you needing to travel.
What is the minimum number of directors required for a Guernsey company?
Under statutory regulations, a Guernsey company requires a minimum of one director.
Is a resident director required?
A Guernsey company does not require a resident director.
What is the minimum number of shareholders required for a Guernsey company?
A minimum of two shareholders is required. For a Guernsey exempt company, resident cannot hold shares in the company.
Are shareholder/director details available for public viewing?
Yes.
What are the minimum capital requirements for a Guernsey company?
No minimum capital requirements is needed for a Guernsey company formation.
Is a Guernsey company required to submit financial statements?
A Guernsey company is obliged to file an annual return and accounts have to be audited.
What other requirements need to be fulfilled to set up a Guernsey company?
A Guernsey company is required to appoint an auditor unless it qualifies for exemption.
What are the tax implications of a Guernsey company formation?
A Guernsey exempt company pays no corporate tax on income sourced outside Guernsey. In order to qualify as an exempt company, an annual fee of US$1,200 is payable to the government of Guernsey. A Guernsey resident company pays a corporation tax of 20% on all income.
Contact Us
For more information on any of our Guernsey corporate services, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
Back to Guernsey Company Formation page.
