Guernsey Companies Law - Audit Exemption

This memorandum has been prepared for the assistance of our clients in connection with the provisions of the Companies (Guernsey) Law, 2008, as amended (the "Companies Law") relevant to the exemption available to audit requirements. It is intended to provide only a summary of the main legal and general principles and it is not intended to be comprehensive in scope. It does not cover transitional provisions in place in respect of the Companies Law. It is strongly recommended that you seek specific legal advice on such matters and we would be pleased to assist in this respect. A series of briefings on other specific aspects of Guernsey companies has been produced by Ogier and is available on our website www.ogier.com.