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Guernsey consults on US-style LLCs

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The government of Guernsey is consulting until 18 September on whether to introduce limited liability companies (LLCs). The aim would be to make Guernsey a more attractive location for funds from the US, where LLCs are widely used as structures for trading businesses, holding vehicles and special purpose vehicles in finance and investment structures.

The Isle of Man introduced legislation in 1996 allowing the establishment of LLCs and Jersey is also considering legislation.

See bit.ly/2lHs1RE.

Issue: 1456
Categories: News
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