Guide
Amalgamation of a Guernsey company with another company
05 April 2022
An amalgamation involves two or more companies merging to become one. Under the Companies (Guernsey) Law, 2008 (the Law), a Guernsey company can be amalgamated with one or more other companies, whether incorporated in Guernsey or overseas. It is immaterial whether the companies involved in the amalgamation are of the same type of company.
The benefits of amalgamation are that the amalgamating companies are effectively consolidated. Therefore an amalgamation can be used to simplify the corporate structure of a group, reduce cost inefficiencies and as an alternative to a business transfer.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
