Guernsey
Financing a Business in Guernsey
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Direct Access To A Safe & Secure BG/SBLC Platform
Dear Partner/Associate,We are accredited mandate to a renowned provider for bank instruments; BGs | SBLCs | LCs | DLCs ET AL for lease and sale, Issuance by HSBC Bank Oman, Barclays Bank London , Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA.Our BG/SBLC Financing can help you get your project funded, LOAN financing by providing you with yearly renewable leased
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Business and Real Estate Funding Via Bank Guarantee
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Total Posts: 1 Last post by cynassets
Financing A Business in Guernsey
The main incentive for a UK business looking to expand or open a company in Guernsey is the low taxation. With taxes far lower in Guernsey than the UK mainland, the financial advantages include:
- Between 0% and 20% personal income tax
- Between 0% and 30% corporate (depending on the nature of your business)
- No import tariffs
- No exchange tariffs
Private Financing
A good starting point for investigating private finance options on the island is the Guernsey Enterprise Agency www.gea.gg
The agency can offer free advice regarding business plans and cash flow. There are several banks on the island, which provide services such as loans and credit. It is advisable to consult an accountant before making any formal approaches to a bank and to make sure that you have an extensive business plan in place.
Click here to Ask an Expert about Financing a Business in Guernsey
Organisations that can assist with Financing a Business
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.