Guernsey, officially the Bailiwick of Guernsey (French: Bailliage de Guernesey), is a British Crown dependency in the English Channel off the coast of Normandy. As a bailiwick, Guernsey embraces not only all ten parishes on the Island of Guernsey, but also the islands of Alderney and Sark – each with its own parliament – and the smaller islands of Herm, Jethou and Lihou. Although its defence is the responsibility of the United Kingdom, the Bailiwick is not part of the United Kingdom but rather a possession of the British Crown. It lies within the Common Travel Area of the British Isles and is not a member of the European Union, but has a special relationship with it, being treated as part of the European Community for the purposes of free trade in goods. Together, the Bailiwick of Guernsey and Bailiwick of Jersey form the geographical grouping known as the Channel Islands.
Financial services – banking, fund management, insurance – account for about 23% of employment and about 55% of total income in this tiny, prosperous Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Financial services, construction, retail, and the public sector have been growing. Light tax and death duties make Guernsey a popular tax haven. In January 2013, Guernsey signed a tax agreement with Jersey and the Isle of Man, in order to enable the islands’ authorities to end tax avoidance and evasion. The evolving economic integration of the EU nations is changing the environment under which Guernsey operates.
A list of companies in Guernsey that offer independent directors services are: