Guernsey is proposing to adopt limited liability companies (LLC), in a move intended to enhance the island’s competitive position in the United States.
Guernsey adopted limited liability partnerships in 2013. It is expected that LLCs – tax transparent by default – would be treated as partnerships for the purpose of taxation in Guernsey, but could decide at the point of establishment to be taxed as a company. (Credit: Wolters Kluwer website)
In comparison, the Liberian LLC has been offered as Chapter 14 of the Business Corporation Act since November 1999. Many of our clients chose the Liberian LLC for holding real estate and any other forms of assent investments. If you would like to obtain further information about our LLC please contact Mrs. Elizabeth Goralski (egoralsk@liscr.com) or Mr. Anthony Perea (aperea@liscr.com). You may also visit our website that provides further information as well as the needed forms for this type of entity.