The island of Guernsey is the second largest of the Channel Islands and supports a population of roughly 60,000.

During the last three decades the island has seen an explosion in the financial services industry, and today offers considerable advantages to investors. Guernsey is a low tax jurisdiction, and is free from capital gains tax and inheritance tax. It enjoys low rates of income tax which, for many companies, are set to reduce to zero in 2008. The island is a dependency of the British Crown, but is self-governing, guaranteeing both security and flexibility. Guernsey has a similarly advantageous relationship with the European Union, enjoying all the benefits of the free movement of goods and produce without the obligations of full membership.

Guernsey’s currency although independent, is tied to the British Pound. 

Guernsey has its own independent legislature. It has a fused legal system that combines the roles of barrister and solicitor. Guernsey lawyers use the title ‘Advocate’. All Guernsey Advocates have qualified as a barrister or solicitor in the UK before qualifying locally.