How high are the corporate income tax in Guernsey?
The corporate income tax rate is 0% for both resident and non-resident companies.
- A rate of 10% applies to financial services companies, including banking
- A rate of 20% applies to real estate, large local retail, gas/oil import and cannabis-related businesses
- Companies are entitled to submit an annual tax return, even if their effective taxation rate is 0%
What Double-tax treaties has Guernsey?
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion
Cyprus, Estonia, Hong Kong, Isle of Man, Jersey, Liechtenstein, Luxembourg, Malta, Mauritius, Monaco, Qatar, Seychelles, Singapore, United Kingdom
Status : end of 2020