The location of management and control of a company will often be a crucial factor in
deciding that company’s tax residence. Having directors (or those whose directions are
habitually followed by the director) located in a high tax jurisdiction can negate many tax
planning benefits.
GTC is able to provide in-house or independent directors for companies, in circumstances
where we are satisfied that the business activities are such that we are able and willing to
perform the necessary tasks and manage the inherent risks of assuming such office.
As well as providing management services, GTC can also provide a full range of support
services. Our experienced company secretarial team can advise on statutory filings
required and other local Guernsey compliance issues and can assist in the drafting of Board
Resolutions and similar items.
Full book-keeping, accounts preparation and general administrative functions can be
provided from our offices and staff, all of whom are based on Guernsey.
With Guernsey having moved to a 0% tax rate for most companies from 1st January 2008,
many company owners are considering relocating their base of activities to Guernsey.
Where the initial size of an operation does not justify a full office set-up then GTC can
provide managed and serviced office facilities until such time as the operation is of sufficient
scale to go it alone.
The Companies (Guernsey) Law, 2008 introduced changes affecting audit requirements and secretarial support. For further details on these changes please follow these links:-
THE COMPANIES (GUERNSEY) LAW, 2008
AUDIT REQUIREMENTS
CORPORATE SECRETARIAL SERVICES