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Trade as yourself, without a company: what you register, and what you are exempt from.
Herm has no government of its own: it is owned and administered by the States of Guernsey, which have leased the whole island to one tenant company since 2008 — so Guernsey’s laws, taxes and registries apply there.
The steps below are checked; the rest is still being researched.
A sole trader registers with the Revenue Service for income tax and social security; a company is formed through the Guernsey Registry.
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What changes if…
Register with the Revenue ServiceYouthe Revenue Service
A sole trader registers with the Revenue Service for income tax and social security; a company is formed through the Guernsey Registry.
Keep going
- Choose a registered officeThe official address every company must have: where it can be, whose permission it needs, and where it must be shown.Open
- Get a business licenceWho needs one in Jersey, who is exempt, how long it takes — and the three things it sets going.Open
- Start a companyForm a limited company: who it needs, its office, its rules, the application — and everything that follows, in order.Open
- All of it, in orderPlan my start draws every journey you need, for your place, with your costs.Plan my start
Words in this journey:Data controllerSole traderLimited company