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- Political and economic stability
Guernsey has a diverse economy and a long history of political and economic
stability.
- Beneficial tax regime
Guernsey enjoys a beneficial tax climate with low rates of personal
income tax and no corporate tax, capital gains tax, withholding tax,
VAT, wealth or inheritance tax. Non-residents may conduct
business on a tax free basis.
- Exchange control
There is unrestricted movement of funds with no exchange control regulations.
- Quality, cost effective infrastructure
There are numerous organisations serving international business and
there is a significant depth of expertise in the legal, accounting and
other professions with many of the world’s leading organisations maintaining
a local office. It has excellent transport, communication
and computer facilities.
- Sound legal system and regulations
The legal system is well developed with modern laws. There is a realistic
and effective regulatory system.
- Confidentiality
Strict confidentiality is observed in all dealings with clients. Regulated
service providers that fail to respect this requirement will be subject
to sanctions imposed by the Regulator and be liable to prosecution.
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