Gibraltar

Gibraltar

  • Gibraltar is a British Overseas Territory located on the southern end of the Iberian Peninsula on the Mediterranean sea. The economy is dominated amongst others by financial services, internet gaming, tourism and shipping. The corporate law is based on the United Kingdom 1929 Companies Act and the Companies Ordinance from 1984.
  • A Gibraltar Non Resident Company is not liable to the tax system. A Gibraltar Non Resident Company does not fall under the Gibraltar tax system. In addition there is no wealth tax, Capital Gains Tax, gift tax or Value Added Tax.: There is no wealth tax, capital gains tax, gift tax or value added tax.
  • All limited companies are required to file accounts, however balance sheet is permissible and there is no requirement for an audit or profit and loss accounts.
  • Excellent corporation law
  • Flexible company law
  • Political and economic stability
  • Excellent worldwide communication facilities
  • Skilled personnel
  • No capital gains, income or other kinds of taxes

GIBRALTAR OFFSHORE COMPANY FEATURES
General
Type of Company Non resident
Type of Law Common
Shelf company availability Yes
Our time to establish a new company 5-8 days
Minimum government fees (excluding taxation) £60
Corporate Taxation Nil
Double Taxation Treaty Access No

Share capital or equivalent
Standard currency GBP
Permitted currencies Any
Minimum paid up £1
Usual authorised £2,000

Directors
Minimum number One
Local required No
Publicly accessible records Yes
Location of meetings Anywhere, except Gibraltar

Shareholders
Minimum number One
Publicly accessible records Yes
Location of meetings Anywhere, except Gibraltar

Company Secretary
Required Yes
Local or qualified Yes

Accounts
Annual Tax Return Yes
Audit requirements Yes, but small company exceptions
Requirements to file accounts Yes
Publicly accessible accounts No

Other
Requirement to file annual return Yes
Change in domicile permitted Yes