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Why SARK ?

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Zug-Wallis Sponsors the Sark Island Dairy Farm Project

Sark (French: Sercq; Sercquiais: Sèr or Cerq) is a part of the Channel Islands, off the coast of NormandyFrance. It is a royal fief, which forms part of the Bailiwick of Guernsey, with its own set of laws based on Norman law and its own parliament. It has a population of about 400. Sark  has an area of 2.10 square miles (5.44 km2).English and Norman Serquais are spoken.

 

Sark is one of the few remaining places in the world where cars are banned from roads. Sark was designated as a Dark Sky Community and the first Dark Sky Island in the world, reflecting  its extremely low pollution level.

 

There are no taxes on income, (Personal & Corporation),  capital gains or inheritances. There is also no VAT charged on goods and services. There is an affordable property tax  for  residents based on the size of the home.

Corporations in Sark

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  • No corporate tax

  • No Accounting Mandatory

  • English Common Law 

  • Limited liability partnership (LLP)

  • Unlimited company (Unltd)

  • Company limited by guarantee

  • Private company limited by shares (LTD)

  • Public limited company (PLC)

                                                                                                                                               

Personal Income Tax in Sarq

  • No Personal Income Tax

  • Property tax based on the area of the habitation.(minimum 350.5£/year  Maximum 6.500£/year

  • Must live 90 days in the island to claim residency  

 

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Advantages of Sark

  • ​Last feudal administration (Seigneur & Seneschal )

  • Very simple Norman law 

  • 1 administrator only for collecting taxes

  • No Income Tax

  • No Corporate Tax

  • No Inheritance

  • No VAT 

  • 1 administrator only for collecting taxes

  • No Pollution (First Dark Sky Community)

  • Good Airlines Connection through Guernsey (40 min)

  • Exceptional Safety and Security

  • Beautiful surroundings &Scenery

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Small Disavantages 

  • No cars (is it a disadvantage ?)

  • No airport (must go through Guernesey)

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We consider ourselves as linked to any visitor of this site through the Attorney - Client privilege.

 

Your identity and requests are protected by the privacy laws of Switzerland.

Cost and Fees

As every request is different, we really prefer to examine carefully your needs before establising a binding quote. However here are some of our usual charges:

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Establishment and registration of a Sark (LLP) company : 3 500 £

Company domiciliation: 150 £ / Month (Mandatory) 

Directorship: 150 £ / month (non mandatory)

Residency: 4500 £ + Costs

 

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