Guernsey

GG
Pros
Zero percent standard corporate tax rate and absence of capital gains or inheritance taxes.
High degree of legislative autonomy and minimal bureaucratic corruption within a stable, self-governing jurisdiction.
Exceptional personal safety and high quality of life within a secure, community-oriented island environment.
Cons
Significant restrictions on property ownership and residency through a complex dual-market housing system.
Limited transport connectivity and high costs for travel and freight due to geographic isolation.
High cost of living and expensive local services despite the absence of value-added tax.

Long story short: In Guernsey, the state pretty much leaves you alone: no corporate tax, zero VAT, zero capital gains tax. A libertarian's dream, just a boat ride from the mainland.

The catch: the island is tiny, the local market minuscule, and settling in isn't automatic. A residency and housing permit system decides who gets to stay, and the cost of living is steep.

Other than that: a solid, discreet banking system, almost no crime, excellent seafood, and stunning cliffside scenery. Everything runs in English, just a stone's throw from France.

VERYLOW TAX 2.5/10 HOLDING 1.3/10 DIVIDENDPIPELINE 0.5/10 CRYPTOHAVEN 6.8/10 PRIVACYGRADE 2/10

Will your income be taxed?

Long story short: YES, FAIRLY.
Income tax in Guernsey sits at a middling 20%.

Residency follows the standard international playbook (day counts, economic ties, habitual abode), so if you actually live here, you pay the full menu. No more, no less.

01.1 Income tax
Personal income tax
20%
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De quoi s’agit-il ?What residents pay on what they earn: salary, freelance income, sometimes dividends too. We show the system (flat or progressive) and the top rate.
Source et informations complémentairesflat rate
01.2 Tax residence test
A single active rule is enough to make you tax-resident.
183-day rule
Economic interest
does not exist here
Family centre
does not exist here
Habitual abode
does not exist here
Extended-stay test
Income tax simulatori

If you earn a year, you will pay .

Roughly effective, with a marginal rate of .

Will your wealth be taxed?

Long story short: NO.
Guernsey keeps its hands off what you hold. No capital gains tax, no annual wealth grab, no inheritance regime.

Your portfolio compounds in peace and leaves the way it came in; nobody's standing at the door with their palm out.

02.1 Investment income
Capital gains
NONE
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De quoi s’agit-il ?The tax on your profit when you sell something that gained value: stocks, property, crypto, a business. Some countries skip it entirely.
Source et informations complémentairesno capital gains regime
Dividend tax
NONE
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De quoi s’agit-il ?What you pay when your company sends you dividends. It stacks on top of corporate tax, so the combined bill is what really counts.
Source et informations complémentairesno dividend tax
Interest income
NONE
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De quoi s’agit-il ?The tax on income from savings, bonds and loans. Matters when choosing where to park your cash.
Source et informations complémentairesno interest income tax
02.2 Wealth & estate
Wealth tax
NONE
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De quoi s’agit-il ?A yearly tax on what you own above a threshold, whether you sell or not. Most countries scrapped it; a few still run one.
Source et informations complémentairesno annual wealth tax · no real-estate wealth tax · no net-worth assessment
Inheritance system
NONE
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De quoi s’agit-il ?What heirs pay on what they inherit, by category (spouse, children, others), with allowances and top rates. Plenty of countries charge nothing at all.
Source et informations complémentairesno estate tax · no heir-based duties · no succession tax framework. Wealth transfers across heir-classes are not taxed in this jurisdiction. Only standard probate / registration fees may apply.
02.3 Crypto
Crypto · tax regime
ZERO TAX
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De quoi s’agit-il ?How crypto gains are taxed here: zero, flat, progressive or grey zone. Includes whether crypto-to-crypto swaps count as taxable events.
Source et informations complémentairesRate: 0% · Guernsey does not levy Capital Gains Tax (CGT), meaning casual investors pay 0% on crypto disposals. However, if an individual is deemed to be 'trading' (based on the 'badges of trade' such as high frequency and profit-seeking intent), profits are taxed as personal income at a flat rate of 20%.
Crypto-to-crypto
NEUTRAL
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De quoi s’agit-il ?How crypto gains are taxed here: zero, flat, progressive or grey zone. Includes whether crypto-to-crypto swaps count as taxable events.
Source et informations complémentairesa swap is not a taxable realisation event
FATF travel rule
NOT SIGNED
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De quoi s’agit-il ?Does this country enforce the crypto Travel Rule? If yes, exchanges must identify senders and recipients, like banks do for wire transfers.
Source et informations complémentairesno information-sharing obligation on VASP transfers

Easy to run a company there?

Long story short: YES, BUT TAXED.
Corporate tax in Guernsey lands at a moderate 20%, but the legal frame is quiet: no criminal liability on corporate assets, non-public registries.

The rate stings a little; nothing else does.

03.1 Rates
Corporate tax
0 → 20%
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De quoi s’agit-il ?What companies pay on their profits. The headline rate is a starting point: IP boxes and holding regimes often pull the real rate lower.
Source et informations complémentairesprogressive · +15% Customs duty on some goods originating in the United States (not a corporate income surtax, but a customs surtax as described in the document)
Bracket (USD)Rate
0 +exempt
0 +10%
0 +20%
VAT standard rate
NONE
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De quoi s’agit-il ?The sales tax baked into almost everything you buy here. One standard rate, plus reduced rates on things like food or books.
Source et informations complémentairesno general VAT · no consumption tax framework
03.2 Regime & registry
IP Box · Patent Box
NONE
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De quoi s’agit-il ?A discounted tax rate on income from patents, software and designs, often 5 to 10%. A magnet for tech and licensing businesses.
Source et informations complémentairesno IP regime · IP income taxed under standard corporate rules
Misuse of corporate assets
NO CRIMINAL
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De quoi s’agit-il ?If you spend company money on yourself, is it a crime (prison possible) or a civil matter? Some countries prosecute even sole shareholders.
Source et informations complémentairesno criminal liability · Guernsey law, which imports English common law principles, does not recognize 'Misuse of Corporate Assets' as a standalone criminal offense. For a sole director and shareholder of a solvent company, the extraction of funds is treated as a civil matter—specifically a breach of fiduciary duty or an unlawful distribution under the Companies (Guernsey) Law, 2008 (e.g., Section 303). Criminal liability under Section 432 (Fraudulent Trading) only arises if there is a specific intent to defraud creditors, which is generally not applicable while the company remains solvent and the sole owner consents to the transaction.
Shareholders privacy
PRIVATE
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De quoi s’agit-il ?How visible a company's shareholders and directors are: free public registry, paywalled, restricted or fully private. More privacy, but sometimes warier banks.
Source et informations complémentairesGuernsey Registry
Directors privacy
PUBLIC PAYWALL
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De quoi s’agit-il ?How visible a company's shareholders and directors are: free public registry, paywalled, restricted or fully private. More privacy, but sometimes warier banks.
Source et informations complémentairesGuernsey Registry
03.3 Incorporation cost
In this country, the most standard company form is called Limited Company (Limited Liability Company). The costs below are for incorporating a company in its simplest form, for reference only.
Guernsey Registry Standard Incorporation Fee (24-hour)
USD 136
Corporate Service Provider (CSP) Professional Setup & KYC Fee
USD 3,388
Minimum Share Capital (1 share at £1.00)
USD 1
Total
USD 3,524

A good fit for a holding?

Long story short: NO.
Guernsey has no treaty network at all, which buries the holding question, full stop.

Every dividend in or out eats the statutory withholding at full rate, and no domestic regime can patch a hole that sits on the source side. Don't park a holding here.

04.1 Substance & exemptions
Territorial · individuals
WORLDWIDE
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De quoi s’agit-il ?Does this country tax only local income (territorial) or everything you earn worldwide? Territorial means your foreign income stays untaxed here. Huge.
Source et informations complémentairesworldwide income taxation regardless of source
Territorial · corporates
WORLDWIDE
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Source et informations complémentairesworldwide corporate taxation
Participation exemption
NONE
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De quoi s’agit-il ?Can a holding company receive dividends from its subsidiaries tax-free? The cornerstone of any serious holding structure.
Source et informations complémentairesno dividend participation exemption regime
CFC rules
NONE
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De quoi s’agit-il ?Anti-offshore rules: they tax you at home on your foreign company's profits, even if nothing was distributed. Where they exist, offshore setups get tricky.
Source et informations complémentairesno controlled foreign corporation regime · foreign-source corporate income out of scope
04.2 Withholding tax · non-resident
WHT · dividends
NONE
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De quoi s’agit-il ?The cut this country takes when it sends dividends, interest or royalties abroad. Tax treaties can shrink it; blacklists can inflate it.
Source et informations complémentairesno withholding on outbound dividends
WHT · interest
NONE
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Source et informations complémentairesno withholding on outbound interest
WHT · royalties
NONE
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Source et informations complémentairesno withholding on outbound royalties
Tax-haven WHT
NONE
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Source et informations complémentairesno punitive rate on record
04.3 Treaty network
Treaties signed
0
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De quoi s’agit-il ?Deals with other countries to avoid double taxation and cut withholding taxes. The bigger the network, the easier your money moves across borders.
Source et informations complémentairesactive
Treaties pending
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Source et informations complémentairesin negotiation
Tax treaty network
origin · GG 0% > 0% no treaty
Inspect a country
Hover any country on the map to read its withholding-tax treaty with GG.
Country Status Dividends Interest Royalties
// no treaties match

Easy to come and go?

Long story short: SOME.
Guernsey taxes your worldwide income while you're resident, but at least the exit is free: no exit tax on the way out.

Leaving costs you paperwork, not money; your unrealised gains walk out the door with you, untouched.

05.1 Exit & dual nationality
Exit tax
NONE
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De quoi s’agit-il ?What the country charges you for leaving: tax on your unrealized gains, as if you'd sold everything at the border. Here you'll see if it exists and when it triggers.
Source et informations complémentairesno triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
FORBIDDEN
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Source et informations complémentairesnaturalisation requires renouncing existing citizenship
05.2 Citizenship paths
Residence
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Source et informations complémentairesnot available
Marriage
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Source et informations complémentairesnot available
Birth
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Source et informations complémentairesnot available
Descent
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Source et informations complémentairesnot available
Investment
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Source et informations complémentairesnot available

Is your money watched?

Long story short: YES, CLOSELY.
Yes, your money is watched here. Guernsey signed every major automatic-exchange framework: CRS, FATCA, CARF, MLI, MAAC. Open an account and it gets reported straight to your home tax authority (Americans: FATCA applies, no exceptions).

Corporate registries stay non-public, which saves a thin slice of ownership discretion. But your financial trail is made of glass.

Multilateral reporting frameworks 3/9 active · 5 pending
CRS
2017
CARF
2024
FATCA
2014
MLI
2019
BEPS
MAAC
2014
GLOBAL FORUM
EOIR
CRYPTO TRAVEL RULE

Is it blacklisted?

Long story short: SOMEWHAT.
Guernsey is flagged by a few national tax administrations (drawn from FR/ES/PT/BR) and sits outside the FATF club.

The friction is selective: anti-abuse rules fire on specific corridors, and counterparties ask more questions than usual. Neither the FATF nor the EU has it on their lists, which keeps the damage contained: a nuisance, not a scarlet letter.

Blacklist exposure Listed by 3 authorities
EMBARGO
un / us / eu sanctions
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list

Do you feel free there?

Long story short:
Not enough data to tell how free you'd actually feel in Guernsey.

08.1 Press freedom
Press freedom · RSF index
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De quoi s’agit-il ?The RSF world ranking of press freedom. A good proxy for censorship and civil liberties. The lower the rank, the freer the press.
Central bank digital currencyi
NONE
no announced CBDC program · no pilot · no retail or wholesale prototype on record

Connected to the world?

Long story short: POORLY CONNECTED.
The two rails that matter are both dead in Guernsey. Stripe won't onboard you, so card payments mean a foreign structure or a local processor with its own rules. Amazon doesn't deliver either.

Some secondary services run (5/11), but for an online business this is swimming against the current.

Accept payments 2/6 available
Stripe
card payments
PayPal
wallet payments
Adyen
enterprise psp
Mollie
eu payments
GoCardless
direct debit
Paddle
merchant of record
Bank and move money 3/3 available
Wise
multi-currency
Revolut
personal banking
Revolut Business
business banking
Buy and sell on Amazon 0/2 available
Amazon
consumer delivery
Amazon Seller
marketplace selling
SEE ALSO

Other jurisdictions worth comparing

Picked by similarity of strategic profile to Guernsey. No editorial ranking — neighbours in the same scoring space.

PROFILE-ADJACENT Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE Same family of strategies, lower total score.