Situated in the Gulf of St. Malo approximately 25 miles from the coast of the Cherbourg peninsula, Guernsey has an area of some 24 sq. miles and a resident population of approximately 59,000.

Within this small area and mainly centred around the capital of St. Peter Port, there are many providers of fiduciary services ranging from large banks, accounting and law firms, through to the independently-owned fiduciary companies.

The presence in Guernsey of so many fiduciaries recognises the importance of the Island as an international finance centre where political stability and a low taxation structure provide an ideal environment for offshore operations.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Peter Crook on Tel: +44 (0) 1481 712706 or visit the Guernsey Financial Services Commission Web Site at: