Migration of Funds – Guernsey’s Fast Track Solution

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It is not only corporations that are seeking to migrate to Guernsey, but also funds.

In recognition of the large number of expressions of interest from non-Guernsey domiciled fund managers seeking to relocate to Guernsey, the Guernsey Financial Services Commission has introduced a 10-day fast track application regime, to facilitate a simplified and speedy solution to migration.

Fund managers may wish to migrate to Guernsey for regulatory reasons, and /or to be hong kong mobile database geographically closer to UK/European operations, assets, and investors.

Further information on this fast track route can be found here: Migration of Funds – Guernsey’s Fast Track Solution.

Guernsey’s Tax and Regulatory Standards Track Record

Guernsey’s tax policy is underpinned by strong general anti-avoidance rules and the adoption of a number of international tax standards. Some of the more relevant developments are detailed below;

December 2017 – EU Code of Conduct Group on Business Taxation for the EU Economic and Financial Affairs Council (COCG), confirmed Guernsey to be a co-operative jurisdiction which complied with the general principles of “fair taxation” and raised no concerns regarding Guernsey’s standards of transparency or implementation of measures to counter base erosion and profit shifting (BEPS).