Guernsey introduced new legislation on the 30 July, 1997, which will enable overseas companies to transfer their registration to Guernsey.
To apply, a company has to demonstrate that it is able, under the law of the country of its incorporation, to transfer its incorporation, and in addition, must obtain the consent of not less than 75% of the company's shareholders.
Prior to applying to the Court for registration, the company has to also obtain the consent of the Guernsey Financial Services Commission which will require the following:
- A copy of the company's Certificate of Incorporation or other similar document providing evidence of its incorporation.
- A copy of the Memorandum and Articles of the company printed in English which complies with the requirements of Guernsey Law.
