4 ms·
> channel islands Your comment is spot-on, but technically the Channel Islands are two separate crown territories (Jersey, Bailiwick of Guernsey) with four sub
by zinekeller 6y ago
> channel islands
Your comment is spot-on, but technically the Channel Islands are two separate crown territories (Jersey, Bailiwick of Guernsey) with four sub-jurisdictions with its own rules on companies (Jersey, Guernsey proper, Sark, and Alderney), but there is some co-operation between the, uhm, governments (the best description I can use since the specific term differs between sub-jurisdictions).
- walrus01 6y agoI can't say that I've ever researched it in that much detail to know the legal and tax distinctions between the different channel islands. All I can say is that if I miraculously woke up in charge of a massive porno empire tomorrow, cyprus would be high on my list of places to start forming corporations..
- fy20 6y agoThe Channel Islands (before Brexit) had this weird situation where they were not part of the EU (compared to Gibraltar which was), but were part of the customs zone. In the 2000s many CD and DVD retailers setup shop there, as they could sell items without VAT.