Register Your Company in Guernsey with Tax Partners
Starting a business in Guernsey is straightforward when you know the process. With Tax Partners at the helm, you can focus on what truly matters — growing your business.
Our expert team ensures a seamless experience for your company registration in Guernsey. Our goal is to have your company fully operational within 6 weeks.
Our Service Package Includes
Company registration with Guernsey Registrar of Companies
Local company secretary and registered address
Corporate bank account opening services
License applications (if required)
Annual accounting and tax services
How Long Does it Take to Register a Guernsey Company and Open a Corporate Bank Account?
Tax Partners will complete your Guernsey company registration within 2 weeks. Once you provide the basic KYC documents from the directors and shareholders, we will reserve your preferred company name with the Guernsey Companies House.
The entire process, from registration to opening your bank account, will be completed in 6 weeks, and you will not be required to travel to Guernsey.
Once your company is incorporated, you will receive:
Certificate of Formation
Memorandum and Articles of Association
Register of Directors and Shareholders
We will open a corporate bank account within 4 weeks, using either a local or international reputable bank.
Benefits of Registering a Company in Guernsey
Tax-Free for Foreign Nationals: Non-resident companies that do not trade within Guernsey are tax-exempt.
Favorable Tax Regime: Corporate tax rates range from 0% to 10%, with no capital gains tax, VAT, or withholding tax.
No Capitalization Requirements: Companies can be incorporated without the need for authorized capital.
No Distinction Between Private and Public Companies: Companies in Guernsey can offer securities to the public without restriction.
Quick Incorporation: A new company can be incorporated within just 2 weeks.
Strategic Location: Guernsey’s position provides direct access to European and North African markets.
Low Operating Costs: Guernsey offers low business operating costs compared to many Western European territories.
How to Register a Company in Guernsey
1. Choose the Right Corporate Entity: We will assist you in selecting the best business structure based on your needs, whether it’s a Limited Liability Company (LLC) or another entity.
2. Reserve Your Company Name: We will reserve your preferred company name with the Guernsey Registrar of Companies.
3. Prepare Required Documents: We will help gather all necessary documents, including the Articles of Association, shareholder list, and director details. We also offer nominee director services if privacy is required.
4. File for Company Registration: Once everything is prepared, we will file for company registration with the Guernsey Registrar. After approval, you will receive your company’s formation documents.
5. Open a Corporate Bank Account: We will assist you in opening a corporate bank account with a reputable local or international bank.
6. Post-Registration Compliance: Once your company is established, we will ensure all accounting, tax, and regulatory compliance requirements are met to maintain your good standing.
Types of Business Entities in Guernsey
Limited Liability Company (LLC): The most common structure for foreign investors. Shareholders have limited liability for the company’s debts.
Company Limited by Guarantee (LBG): No share capital required. Liability is limited to the guaranteed amount agreed by members.
Unlimited Liability Company: Shareholders have unlimited liability for the company’s debts.
Mixed Liability Company: A blend of various member types with different liability rules.
Protected Cell Company (PCC): Ideal for investment funds, each "cell" within a PCC is legally distinct, offering asset protection.
Incorporated Cell Company (ICC): Similar to a PCC but allows each cell to have its own legal identity and operations.
General and Limited Partnerships: Partnerships are available with both joint and several liabilities or limited liability for certain partners.
Required Documents for Guernsey Company Registration
Memorandum of Incorporation and Articles of Association
Proof of shareholder and director identities (passport copies, proof of address)
KYC documents (bank reference, CV for directors)
Registered office address in Guernsey
Company structure details, including shareholders and directors
Guernsey’s Economic Substance Requirements
Guernsey requires companies engaged in certain activities (e.g., banking, insurance, fund management) to demonstrate a real economic presence in the jurisdiction. This includes:
Having adequate people, premises, and expenditure in Guernsey.
Directing and managing the company’s activities in Guernsey.
Accounting and Tax Obligations
Guernsey has no VAT, no capital gains tax, and no wealth tax. Corporate tax rates are as low as 0%. Companies must keep accounting records and file annual financial reports.
Corporate Tax: 10% for certain businesses, 0% for others.
Personal Income Tax: Progressive tax system with a maximum rate of 20%.
Annual Filings: Required for compliance with Guernsey law.
Why Register a Company in Guernsey?
Political Stability: Guernsey enjoys a stable government and financial environment.
Strong Legal Framework: Based on British common law, ensuring stability and investor protection.
Strategic Access: Ideal location for access to European and North African markets.
Favorable Tax Environment: Low taxes and exemptions for non-resident companies.
Contact Tax Partners to Register Your Company in Guernsey
Tax Partners provides a comprehensive, hassle-free service to register your company in Guernsey. Contact us today to start your business journey!