The use of companies, owned either beneficially by individuals or by a trust or foundation, can offer considerable advantages.
The Companies (Guernsey) Law 2008 is a modern piece of legislation which updated and replaced all previous Guernsey company laws.
Every Guernsey company is required to appoint a registered agent who is responsible for maintaining a confidential register of beneficial owners. Such registered agent will be a licensed corporate service provider, such as St Peters Trust, or an individual Guernsey resident director of the company.
St Peters Trust incorporate the following types of company in Guernsey:
- Limited liability by shares;
- Limited liability by guarantee;
- Unlimited liability;
- Hybrid (with shareholder and guarantee members);
- Protected cell;
- Incorporated cell.
Guernsey has much to offer as a jurisdiction in which to incorporate and/or manage and control companies, both established in Guernsey and elsewhere. Its zero standard rate of corporate taxation, in most circumstances, means that companies can be genuinely managed and controlled in the island and not be subject to Guernsey taxation.
St Peters Trust have the experience to be able to operate companies undertaking a wide range of activities, if necessary sub-contracting work to independent advisers and outsourcing functions.
We do not specialise in one particular field but have a general commercial awareness to ensure that businesses can be managed in a way that can assist clients in maximising opportunities that may be available.
Companies in Other Jurisdictions
At St Peters Trust we are able to assist with the establishment of companies in Guernsey, the Channel Islands and other jurisdictions and provide effective management in Guernsey in order to provide legitimate advantages for our clients.
For more information about Guernsey Companies please contact St Peters Trust.