Guernsey is a reputable business centre and one that offers a supportive environment in which businesses can flourish.
Establishing a business in Guernsey is a smooth and efficient process and, thanks to the island’s proactive approach, it can be done quickly with very little fuss.
This can-do attitude has driven growth in exciting sectors, such as ICT, digital and fintech, which are at the leading edge of the island’s evolving economy.
In 2008, a Companies (Guernsey) Law was introduced and is regularly updated to ensure it remains current. At the same time a new company registry was created, hosting an online service which provides users with incorporations within 15 minutes, with prices starting from £100.
While most financial businesses will need to be registered with the Guernsey Financial Services Commission, there is no automatic requirement for off-island business to register in order to operate.