Services in Guernsey

Income tax for local residents (individuals and companies) is 20%. There are no capital taxes whatsoever and attractive limits are set on the tax payable at source by non-residents using Guernsey as a financial centre.

Guernsey is outside the European Union VAT area.

Due to the pleasant climate, high standards of living and low tax rate, Guernsey is a popular place to live and there are housing controls to contain immigration.

Woolford & Co. is able to assist businesses and individuals wishing to move to Guernsey, and the Guernsey office provides all the services offered from our Esher office for businesses moving to the UK.

Woolford & Co. shares its office in Guernsey with Dixcart, which is incorporated in Guernsey with a licence to act as trustee and provide corporate and investment management services for international businesses. They also provide trust and executorship services for residents and non-residents alike.

Woolford & Co. is registered to conduct audit work by the Institute of Chartered Accountants in England and Wales, and undertakes audits in the Channel Islands, with the exception of businesses that are managed by Dixcart, where there would be a lack of independence.

Another service offered is that of captive insurance. Managed Risk Insurance PCC Limited operates from Dixcart House, providing a cost-efficient way of providing the benefits of captive insurance for businesses.

Also operating from Dixcart House is Dixcart.Net, which sets up and runs e-business ventures from Guernsey.

If you are considering moving yourself and/or your business to Guernsey, it is very important that you speak with us first, as there are opportunities to save tax which may be lost once the move has taken place.