On the island of Sark a stable policy predominates, there are no political parties and it is one of the few jurisdictions in Western Europe that is free of global debts, a luxury that not many localities can afford.

Although Sark is a completely autonomous island, it does not have a local register of companies, the entities that want to be constituted in this jurisdiction can be incorporated through the Guernsey Register of Companies.

All companies both onshore and offshore are governed by the company laws of Guernsey offshore companies.

The legal ways of incorporating a company in Sark are not very different from those of other jurisdictions, for the creation of a Limited Liability Company or LLC only one shareholder and one director are required, although of the latter there may be more than one. The director of a company in Sark can be a natural or legal person.

The LLC is constituted without any paid-up capital requirements. This entity enjoys the legal exemption of income taxes, without accounting requirements, without reporting requirements and business can be done internationally.

Joint-stock companies consolidated in Sark have the virtue that they can be registered either by shares or guarantee. SS can be established with one or more shareholders and need a director.

The best option to register an offshore company?

If you want to incorporate an offshore company in this jurisdiction we recommend registering your company as an Offshore Corporation, these entities can be used to market anywhere in the world, being solid vehicles for asset protection.

Sark is recognized for the protection and privacy of directors and since the legislation of Guernsey governs all entities and in its public register is archived the information on shareholders and directors of offshore companies, they recommend the use of directors and nominative shareholders.

Offering privacy and secrecy to the owner, a feature desired by most foreign investors.

This jurisdiction is used as a refuge on the high seas by residents and corporations of neighboring Channel Islands and European Union countries. If you wish to register an entity with Sark, Foster Swiss can advise you.

We help you in practically everything: we provide advice from the moment you choose a corporate structure for your company until even one year after you have incorporated your company. And of course we take care of the whole process for you.

For more information on this topic or any requirement related to our services, you can contact directly through info@fosterswiss.com