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Management & Control

The use of offshore holding companies or subsidiaries to exercise management and control in Guernsey can significantly mitigate corporate taxation issues and provide assistance with cross-border transactions.

The move by Guernsey to introduce zero basic rate taxation for profits on most business carried out on the island has attracted international trading groups to Guernsey and Hansard has assisted in establishing the management and control of certain members of such groups in the Island.

Hansard works closely with group accountants and in-house lawyers in this respect. Hansard is now increasingly engaged by international trading companies operating in more than one jurisdiction, due to the adoption of a zero basic rate of taxation.

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