• Guernsey Tax Features

  • Taxable Basis
    Guernsey tax resident companies are taxed on their worldwide income whereas non-Guernsey tax resident companies are taxed only on income generated in Guernsey

    Taxable Period
    Calendar year or any other 12-month period

    Corporation Tax Rate(s)
    0% except for banking business (10%) and income from immovable property situated in Guernsey (20%)

    Ordinary Tax Losses
    Can be carried forward indefinitely. No carry back

    Capital Gains
    Not taxable

    Capital Gains Tax Rate(s)
    0%

    Capital Losses
    Not tax-deductible since capital gains ate not taxable

    Stamp Duty
    No

    Capital Duty
    No

    Other Taxes
    N/A

    VAT
    No

    VAT Standard Rate
    N/A - No VAT in Guernsey

    VAT Reduced Rate(s)
    N/A - No VAT in Guernsey

    VAT Registration Threshold
    N/A - No VAT in Guernsey

    VAT Filing & Payment
    N/A - No VAT in Guernsey

Compare Guernsey to other jurisdictions and see the difference in corporation tax rates, tax residency requirements, VAT rates, capital gain taxes, etc.

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