Trading companies are sometimes formed in the Channel Islands to carry out a contract in some other territory when it is not desired to form a company there. In certain circumstances trading companies may be exempt from local taxation. Alternatively where there is a need for certain of the trading activities to be carried out in the Channel Islands they can be established as international companies and thereby enjoy the favourable regime available to those companies in both Jersey and Guernsey.

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.