10 SIMPLE STEPS TO SETTING UP YOUR BUSINESS VENTURE IN ALDERNEY
If you are not already an Alderney resident and would like to move to our island, please follow our guide and links below step-by-step:
Step 2: DECIDE WHAT TYPE OF BUSINESS YOU INTEND TO OPERATE
If your prime customer basis is the island’s community of just over 2,000 residents, please consider complementing, rather than competing with, existing businesses.
Please check the websites below for further information and advice:
All about Working from Alderney
*Option I: Relocating your business operations to Alderney
*Option II: Acquiring an existing, well-established business on the island
Check this page: Business Opportunities
*Option III: Setting up your own business venture
Step 3: DECIDE ON YOUR BUSINESS STRUCTURE
Alderney's business community successfully operates a wide range of businesses of all sizes - from sole traders to multi-national companies - across many different sectors of industry and commerce, as listed in our online Business Directory. Click here
Choose the business structure which suits your operation - from Sole Trader or Partnership to Limited Company and follow the links below for more information.
*Option I: Self-Employed (Sole Trader or Partnership).
*Option II: Limited Company
More information: Guidelines to Setting up an Alderney Company and Incorporating a Company
Step 4: REGISTER YOUR BUSINESS (LIMITED COMPANY)
An Alderney-registered Company must have at least one Director, a Company Secretary, at least one Member (shareholder) and a Resident Agent. Each company must have a Registered Office in Alderney and display a sign stating the Company name at the Registered Office.
INCORPORATION OF AN ALDERNEY COMPANY
ALDERNEY-BASED ACCOUNTANCY FIRMS AND FINANCIAL ADVISERS
Step 5: FIND YOUR BUSINESS PREMISES
Will you be operating from home or are you looking for business premises?
*Option I: OPERATING FROM HOME
If you are operating as self-employed with no other employees and you own your home, there are currently no restrictions. However, please check with the States Planning Office whether you need to apply for change of use. More here
If you are in rented accommodation, you will need to check with your landlord regarding possible restrictions/rules.
*Option 2: RENTING RESIDENTIAL OR COMMERCIAL PROPERTY
Please check with these Alderney estate agents: Bell & Co
* Option 3: BUYING A PROPERTY?
Unlike in the other Channel Islands, there are few restrictions on purchasing property in Alderney whether residential or commercial. Anyone who is a national of one of the countries of the European Union is able to buy property on the island.
Please contact any of the following Alderney Estate Agencies for more details or visit their websites:
Bell & Co
Hawkesford
Alpha Estates
Option 4: BUILDING YOUR OWN BUSINESS PREMISES
The island's planning laws are highly regulated.
Please contact the Planning Office in the first instance.
Step 6: OPEN YOUR BUSINESS BANK ACCOUNT
HSBC is currently the only resident bank operating on the Island. All other banks located in Guernsey offer online banking facilities. Your current bank should be able to assist you with this procedure.
Step 7: DO YOU QUALIFY FOR BUSINESS GRANTS AND SUPPORT?
The States of Alderney will consider all applications for business start-up grants in line with current criteria.
For more information click here
Step 8: RECRUITING AND EMPLOYING STAFF
Coming soon.
Step 9: ANNUAL TAX RETURNS & SOCIAL SECURITY CONTRIBUTIONS
As part of the Bailiwick of Guernsey Alderney's income tax and social security is administered by Guernsey.
For more information click here
Step 10: PROMOTE YOUR BUSINESS ACROSS THE BAILIWICK AND BEYOND
You can use any of the following media to advertise your business. To find out more, just follow the respective website links below:
Alderney Chamber of Commerce. Become a member and get free listing on our online directory and our Facebook page Alderney Business which shares posts across different local social media groups:
Guernsey Chamber of Commerce. Become a member if you want to expand into the Guernsey marketplace The Alderney Chamber enjoys a close relationship with the Guernsey Chamber of Commerce.
Quay FM Alderney (Alderney radio station)
Riduna Radio (Alderney radio station)
The Journal (Alderney's fortnightly news magazine)
Island FM (Guernsey radio station)
Guernsey Press (Guernsey publication)
Bailiwick Express (Guernsey publication)
ITV Channel Television (Channel Islands TV station)
Channel Eye Media (online news)
We would like to wish you every success with your Alderney business venture!
This page was issued by the Alderney Chamber of Commerce and will be updated to incorporate any changes or additional information.
IMPORTANT : References and links to third-party websites are outside of the responsibility of the Alderney Chamber of Commerce and we accept no responsibility for such websites. Access to and use of such websites are undertaken entirely at the user’s own risk.