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ARTICLE · 16 JANUARY 1997

Establishing An Offshore Company In Guernsey

GuernseyEnvironment
Companies are incorporated in Guernsey under The Companies (Guernsey) Law 1994 which provides for companies whose liability is limited by shares. Registration is effected with Her Majesty's Greffier, the Registrar of Companies in Guernsey, by lodging the proposed company's Memorandum and Articles of Association and a declaration signed by two founder members that they wish to form a company.

COMPANY FORMATION

The application for registration is submitted by the advocate retained to form the company and is reviewed by the Guernsey Financial Services Commission which has responsibility for regulating the finance sector in Guernsey.

The application requires disclosure of certain information including:

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