The island is a Crown Dependency, which means it is neither a part of the United Kingdom nor a member of the European Union. It has its own government, which is run on a consensus rather than a political party basis, and it is renowned for its political stability.

Guernsey’s legal system is unique to the island and is historically based on Norman French Law. However, its modern trust and company law has the benefit of UK influences, and in practice the island courts look to England and Scotland for precedents.

Guernsey residents and companies pay Guernsey Income Tax at 20%. There are no capital gains taxes, inheritance tax nor sales taxes such as VAT. In general Guernsey trusts and Guernsey Exempt Companies are not subject to Guernsey tax on non-Guernsey source income. Of course, it should be remembered that taxation is always subject to change.

Please read the following important information about our services in Guernsey.