Guernsey is at the forefront of pioneering company legislation, combining the advantages of legislation written for the commercial environment with the latest online registry technology. Guernsey is a leading jurisdiction for the formation of all types of corporate entities, including companies, foundations, limited partnerships and limited liability partnerships. Guernsey entities can be used for all types of business including holding companies, estate and succession planning, trading companies, family office, funds, local and international property holding and insurance. Sovereign offers company formation and management in Guernsey across all business areas and corporate structures, together with the administrative support to maximise opportunities and achieve long-term sustainability. These range from full back-office solutions to assistance with compliance in respect of regulatory, tax and economic substance rules.
Guernsey is a leading international financial centre based on its tax neutrality, sound investment-oriented legislation, modern infrastructure, professional workforce, and proximity to key markets. Sovereign’s Private Client services assist families and entrepreneurs around the world to structure their assets to support personal, family, commercial and charitable interests. Sovereign has the depth of technical expertise to identify and create the optimum solution for our clients’ needs, whether that be asset protection, estate or succession planning. We can advise on all aspects of the design and implementation of structures from a broad range of vehicles In Guernsey. These range from trusts and underlying company structures for UK families, to high value and more complex structures involving trusts, companies, limited partnerships and foundations for international high net worth families.
Guernsey is an established centre of excellence for international retirement benefit plans and has a principles-based regulatory regime that conforms to international standards. It also offers a tax neutral environment in which the assets of a scheme can grow free of taxation and, on drawdown, are paid to scheme members gross. Sovereign offers a full range of retirement benefit solutions from Guernsey, including Qualifying Non-UK Pension Schemes (QNUPS) and International Retirement Plans (IRPs) for non-Guernsey resident individuals, and a Retirement Annuity Trust Scheme (RATS) for Guernsey-resident individuals. We also offer multi-employer and bespoke occupational pension schemes for non-Guernsey resident employers that qualify for exemption from Guernsey income tax, as well as multi-employer and bespoke occupational pension schemes to meet the legal requirements of Guernsey-based employers. All plans can be tailored to fulfil the objectives of the scheme sponsors and members.