Amendments to Guernsey's company legislation are now in force

03 Sep 2015

A number of significant amendments to Guernsey's company legislation, the Companies (Guernsey) Law, 2008 (as amended), have come into force today, 3 September 2015, subject to certain transitional provisions.

The changes will affect the way Guernsey companies are incorporated and administered and will impact a number of key transactions entered into by Guernsey companies, including the issue of new shares.

Certain provisions of the amended legislation will not affect companies formed under the old Companies (Guernsey) Law, 1994 until 31 December 2016.

Please click here for our client briefing summarising the principal changes made or contact any of the below.