Guernsey Travel Guide - Business

• GDP: US$2.7 billion (2005).
• Main imports: Coal, petrol, oil, machinery and equipment.
• Main exports: Cut flowers and tomatoes.
• Main trade partners: UK.

Finance, tourism and light industry are the main components of Guernsey’s economy. The island has gradually been developed as an offshore financial centre and the financial sector now accounts for most government revenues. Various institutions are incorporated on the island to take advantage of its favourable tax and corporate disclosure requirements. However, along with Jersey, the island’s government agreed in 2002 to join an EU-wide campaign to improve international financial transparency and stamp out tax evasion.

Flowers and tomatoes are the main horticultural exports and enjoy international recognition. Tourism’s relative importance has been far outstripped by the financial sector.

Businesspeople are generally expected to dress smartly, with a suit and tie for men. Appointments should be made and business cards are customary. Business is conducted in English.

Office hours: Mon-Fri 0900-1700.

Guernsey’s main conference venue, the Beau Sejour Centre, has a maximum seating capacity of 1,500 with 2,646 sq m (28,482 sq ft) of exhibition space and banqueting for 900 people or a reception area for 2,000 people. Many hotels also offer conference space.

Guernsey Chamber of Commerce
Suite 3, 16 Glategny Esplanade, St Peter Port, Guernsey GY1 1WN, Channel Islands 
Tel: (01481) 727 483.
Website: www.guernseychamber.com

Meet Guernsey
Tel: (01481) 726 270.
Website: www.conferenceguernsey.com