Guernsey: Corporate Governance

The Token Issuance Trust offers a trust-based alternative to traditional corporate structures for Web3 protocols and DAOs, combining founder control with independent fiduciary oversight. This innovative framework enables protocols to hold assets, manage contracts, and support on-chain operations while preserving decentralisation principles. How can established trust law principles be adapted to meet the operational and governance requirements of decentralised token ecosystems?

Guernsey's trust and private wealth industry is underpinned by approximately 150 regulated trust and company service providers, employing over 1,600 people.

It has been a long-established principle of UK tax law that a Guernsey company, as any other non-UK company, will be treated as being UK tax resident for a particular financial year if the "central management and ...