The main trading activities in the Islands are finance, tourism and horticulture, although in recent years Guernsey has encouraged the establishment of a certain amount of light industry.

Low tax areas are generally of most benefit to businesses where there is some international element in the transactions to be undertaken. The principal types of financial business in the Islands are discussed in more detail below.

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 Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.