Run it properly
Your company’s year in
Every date that falls due once the company exists — and the changes that must be reported when they happen.
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 Registry’s yearly validation and its change deadline are checked; tax and the rest of the year are still being researched.
A Guernsey company validates its details every year, and reports a change of director or resident agent within 14 days.
- 2 Every year, and every change · 100%
- 2 You · 100%
- The annual validation£260
The annual validationYouthe Guernsey Registry£260 a year, or £525 if a provider administers it
Every year the company validates its details with the Registry. A local trading company not administered by a provider pays £260; one administered by a corporate services provider pays £525. Civil penalties apply when it is late.
Tell the Registry about changesYouthe Guernsey RegistryWithin 14 days of the change
A change of director or resident agent is notified on the Registry’s online system within 14 days — a change of resident agent with proof of the appointment, such as a directors’ minute.
Keep going
- Keep the company’s recordsThe registers, minutes and paperwork a company must keep — and what goes on every invoice.Open
- Social Security, as an ownerWhy owners pay Class 2, why it follows your income from two years ago, the bill you get by doing nothing — and the ways to pay less while you start.Open
- Register for data protectionIf you hold customers’ names or emails, you register with your regulator — and you have duties after.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:DirectorResident agentCorporate services providerLimited company