What Next

Once you’ve set up your company, you need to keep on top of the statutory requirements such as:

  • Annual validation – all Guernsey Companies must file an annual validation with the Guernsey Registry between 1st January and 31st January each year.  There are fines of £100 per month for late filing.
  • Annual Audit waiver (if applicable) – most small businesses can benefit from audit exemption (see audit exemption rules – http://www.guernseylegalresources.gg/ccm/legal-resources/statutory-instruments/guernsey—bailiwick/2009/no-5—the-companies-audit-exemption-regulations-2008.en).
  • AGM waiver – many small businesses may wish to waive the requirement to hold an AGM.
  • Keep the company registers up to date.
  • Record minutes and/or resolutions of the directors and shareholders in the Company minute book.
  • A company must also file accounts annually with Guernsey Income Tax and complete a company tax return.
  • Directors must notify Guernsey Registry of changes in the structure and management of the business.

Go-Corporate can help.

  • We offer a simple fixed fee annual package to take care of the above statutory requirements for you.
  • We keep you and your company up to date with changes to the Company law.
  • We provide your accountant with a statutory package of documents that they will need to prepare your accounts saving you time and accounting fees.
  • We are available to help guide you with the statutory requirements of your Company.

We give you peace of mind to get on with running your business.

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