Guide To Foundations In Guernsey

PREFACE

This Guide is intended to provide basic information needed to answer questions on Guernsey foundations and the migration of foreign law foundations to Guernsey.

It is recognised that this Guide will not completely answer detailed questions which clients and their advisers may have. The Guide is, therefore, designed as a starting point for a more detailed and comprehensive discussion of the issues and does not constitute legal advice. For more information the Appleby team will be happy to assist and contact details can be found at the end of the Guide.

INTRODUCTION

The Foundations (Guernsey) Law 2012 (the Law) came into force on 8 January 2013 and the Guernsey Registry has been accepting applications for registration since 9 January 2013. This additional or alternative wealth management vehicle, and the structuring opportunities that accompany it, are likely to be of considerable interest to a wide variety of clients, in particular for those from civil