Guernsey is situated in The English Channel 25 miles west of the coast of France.

It has an area of 24 square miles and a population of approximately 60,000.

Guernsey is not part of the United Kingdom but is an English Crown dependency that is self-governing except for matters of defence and foreign affairs which are handled by the UK.

Guernsey has its own laws and legislative assembly.  The UK government does not control nor supervise any activities in the Island, whether financial or commercial.

The relationship between Guernsey and the European Union is governed by Protocol 3 of the Treaty of Accession of the UK to the EU. This preserves the complete autonomy of the Island and is particularly important for matters such as internal affairs, legislation, fiscal and other commercial activities and regulations.

In addition, the Island has OECD status as a result of being included in the 1961 ratification of the convention by the UK.

Guernsey has built up an enviable reputation being among the premier international finance centres, offering security, professionalism and discretion in all aspects of financial services business.   It is a mature and naturally-developed international finance centre with an impressive infrastructure and is keen to attract quality business.  It was included on the initial so-called OECD ‘White List’ of jurisdictions that have substantially implemented the internationally agreed tax standard and continues to be included in that category.