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ARTICLE · 24 OCTOBER 2014

Cell Companies In Guernsey

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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This note summarises Guernsey law relating to protected and incorporated cell companies.

GuernseyInsurance

This note summarises Guernsey law relating to protected and incorporated cell companies. For more detailed information on protected cell companies and incorporated cell companies please see the separate briefing notes on each.

Guernsey introduced legislation permitting the formation of cell companies through the Protected Cell Companies Ordinance in 1997 – the first country in the world to do so. Incorporated cell companies were introduced in Guernsey through the Incorporated Cell Companies Ordinance in 2006. Both of those ordinances have now been consolidated into the Companies (Guernsey) Law, 2008 (the "Companies Law").

Protected Cell Companies

A Guernsey protected cell company ("PCC") is a single legal entity. It is one company with one board of directors, one memorandum and articles of incorporation and one company registration number.

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