The Foundations (Guernsey) Law, 2012 came into force today,
Monday, 7 January 2013.
It will be possible to create a Guernsey Foundation from
Wednesday, 9 January 2013.
The Guernsey Registry has announced it will be accepting
registration of Foundations from 9 January 2013 following
confirmation of its fee proposals which are anticipated to be
similar to those applicable to Guernsey companies.
Registration of foundations can only be undertaken by Guernsey
licensed fiduciaries and, in anticipation of the Foundations Law
coming into effect, the Guernsey Financial Services Commission has
issued a consultation on a draft Code of Practice applicable to
Foundation Service Providers. The Commission has requested comments
on the consultation by 25 January 2013.
Read more about Guernsey Foundations:
Guernsey Foundations - Best of
If you have any queries about the new law, the consultation or
the registration and use of Guernsey Foundations, please do not
hesitate to contact us:
Edward Stone, Consultant
T: +44 (0)1481 734271 E: email@example.com
Angela Calnan, Senior Associate
T: +44 (0)1481 734233 E: firstname.lastname@example.org
Karen Farman, Senior Associate
T: +44 (0)1481 734295 E: email@example.com