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ARTICLE · 08 MARCH 2023

Protected Cell Companies

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Guernsey was the first jurisdiction to implement the protected cell company ("PCC"), doing so over 25 years ago. The PCC was originally created for use in insurance structures, although today...

GuernseyCorporate/Commercial Law
Matt Sanders
Matt Sanders
Craig Cordle
Craig Cordle
Chris Hutley-Hurst
Chris Hutley-Hurst
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INTRODUCTION

Guernsey was the first jurisdiction to implement the protected cell company ("PCC"), doing so over 25 years ago. The PCC was originally created for use in insurance structures, although today it is also widely used for investment funds and other forms of investment structures.

This memorandum summarises the key features of a Guernsey PCC. Please contact any of the team below, or your usual Walkers contact, if you would like further information on Guernsey PCCs.

KEY FEATURES OF A GUERNSEY PCC

Single Company

A PCC is a single company, with one board of directors, one memorandum and articles of incorporation and one company registration number.

Ring-fencing of assets and liabilities

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