Guernsey, officially the Bailiwick of Guernsey, is a British Crown Dependency in the English Channel off the coast of Normandy. The capital is St Peter Port. It has legislative and fiscal independence and does not form part of the European Union or Eurozone.

Guernsey enjoys economic and political stability, as well as a sophisticated and robust legal and regulatory system. There are high standards of transparency and accountability. The International Stock Exchange (TISE) is headquartered in Guernsey and provides a listing facility and a market for companies to raise capital from international investors based on a bespoke trading platform.

Guernsey is a leading international finance centre, particularly in relation to funds and listed entities on the TISE and the LSE. It is a world-leading location for investment fund business, particularly for funds of hedge funds, private equity and real estate.

Other basic facts:

Time zone

Greenwich Mean Time


Official language

English. Guernésiais, is the traditional language


National currency

UK pound is the official currency of the United Kingdom and the Crown dependencies of Britain (GPB)



Shelf company availabilityNo
Time taken for incorporation24 hours, although fast-track is possible with a higher statutory fee
Permitted currenciesAny foreign currency
Standard currencyGBP
Minimum issued capitalOne (1)
Authorised capitalN/A
Par / nominal valueOptional
MinimumOne (1)
Corporate directorAllowed
Local director requirementsNo, but if there is no Guernsey resident director it will need to appoint a licensed corporate service provider as its resident agent
Location of meetingAnywhere
Minimum number of meetingPer Articles of Association
Publicly accessible recordsDetails of directors are available
MinimumOne (1)
Bearer sharesNot allowed
Corporate shareholdersAllowed
Local shareholders requirementsNo
Location of meetingAnywhere
Minimum numbers of meetingsOne unless the shareholders waive the requirement for an AGM
Publicly accessible recordsDetails of share capital and shareholders are available
Local secretary Optional
RequirementsMust be in Guernsey
Preparation of accounts Yes
Audit requirementsMay be exempt depending on companies’ eligibility
Filing of audited accountsNo
Publicly accessible recordsNo
Annual returnYes, an annual validation form is filed before 31 January each year
Tax returnSubmitted by 30 November following the end of the tax year
Corporate re-domiciliationYes
Double taxation treaty accessUK and Jersey
Exchange control No
  • 0% general rate of tax on companies. However, certain regulated activity is subject to a rate of 20%
  • No capital gains tax and withholding tax

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