Company registration in Gibraltar
Company registration in Gibraltar

The zero-corporate tax-regime for foreign sourced income and the attractive tax incentives offered by the local authorities make Gibraltar a highly favorable jurisdiction for the right type of investor.   It is worth noting that Gibraltar is no longer a member of the European Union or part of the EU customs zone and it is also one of few countries that is fully exempt from Value Added Tax (VAT).  Although this may be extremely beneficial for some business models, especially those doing business with the closely located Northern Africa, it renders the jurisdiction at a major disadvantage for companies that wish to trade within the EU.   Nonetheless, Gibraltar is one of the few countries in the world that has very diverse financial reporting principles.  The country accepts financial statements prepared in accordance with the IAS, IFRS and GAAP standards, which gives a Gibraltar company the ultimate flexibility to adopt its accounting records to its market of interest whether it be in Europe, USA, China, CIS countries or almost any other jurisdiction worldwide.  This makes a Gibraltar company a beneficial financial instrument for trading in global securities, especially with the United States.  Furthermore, Gibraltar has famed itself for being a progressive e-business center and a crypto-currency friendly jurisdiction.  Moreover, it is one of the few countries in the world that has introduced a fully regulated and comprehensive framework for businesses dealing with Distributed Ledger Technology (DLT) and blockchain activity. 

WHY GIBRALTAR?

WHY NOT?


  • Zero Corporate tax on foreign income/ 10% corporate tax on profits derived from Gibraltar 
  • No withholding tax on dividends, royalties, interest or technical services
  • No branch remittance tax
  • No capital gains tax
  • No wealth or inheritance tax
  • No foreign exchange controls
  • No surtax or alternative minimum tax 
  • No property/estate tax
  • Gibraltar companies may carry forward losses for three years
  • A Gibraltar company can be incorporated with 100% foreign ownership
  • The share capital of the company does not have to be fully paid up at the time of incorporation 
  • A Common Law basis of the legal system makes a Gibraltar company an excellent solution for holding and investment purposes 

  • Public registry of company officials
  • Strict substance requirements can significantly elevate company running costs
  • Gibraltar is historically known to have a shortage of land due its small size and a rising population therefore finding suitable office premises and housing for employees may be quite challenging and expensive for companies wishing to base their business in Gibraltar
  • Gibraltar is not part of the EU VAT and customs area
  • The country has a reputation of a tax haven which can impact bank account opening 
  • There is no group relief available in Gibraltar
  • Utility and energy providers pay an elevated corporate tax rate of 20%
  • Gibraltar has not signed any double tax treaty agreements

The Gibraltar Companies House offers investors a variety of legal entity forms that can be incorporated in the country.  Foreign companies registered in another jurisdiction have the option to be registered as having a presence in Gibraltar either by registering a branch or a place of business and as such take advantage of the incentives offered by the country without losing the status of the jurisdiction of origin.  Investors that wish to incorporate an entity in Gibraltar have the choice to form a Foundation, Trust, Protected Cell Company, Sole Proprietorship, Limited Partnership, and the popular Limited Liability Company and Limited Liability Partnership.   Our highly trained professional team can advise you with the selection of the right type of entity for your particular business and will gladly guide you through the entire incorporation process.  Our firm also specializes in the formation and management of public companies and can assist you with the listing of your company on the stock exchange. 

Corporate Features of a Gibraltar Private Limited Liability Company and a Limited Liability Partnership

GENERAL

LLC

LLP

Incorporation Time

1 -2 weeks

1-2 weeks

Local Registered Agent Required

No

No

Local Registered Address Required

Yes

Yes

Migration of Domicile Permitted

Yes

Yes

SHARE CAPITAL

Minimum Share Capital

No Minimum

    No Minimum

Minimum Paid Up

No Minimum

No Minimum

Maximum Share Capital

No Maximum

No Maximum

Bearer Shares Allowed

No

No

SHAREHOLDERS/MEMBERS

Minimum number

One

One

Maximum number

Fifty

Twenty-Five

Publicly accessible records

Yes

Yes

Corporate shareholder allowed

Yes

Yes

Annual General Meeting Required

Yes

Yes

DIRECTORS

Minimum Number

One

Board of Directors is not required

Maximum Number

No Maximum

     

Local required

No 

 

Publicly accessible records

Yes

 

Corporate directorship allowed

Yes

 

COMPANY OFFICIALS

Secretary Required

Yes

See Below

Local Secretary Required

No 

Yes, if none of the partners are residents of Gibraltar

Other Officials Required

No

No

COMPANY ACCOUNTS

Requirement to Prepare

Yes

Yes

Requirements to File Accounts

Yes

Yes

Audit Required

Only for companies whose turnover exceeds £500,000

Only for partnerships whose turnover exceeds £500,000

OTHER ANNUAL REQUIREMENTS

Annual Return

Yes

Yes

Tax Return

Yes

Yes

Submission of Economic Substance Report

No

No


For any enquires or more information, please feel free to Contact us at any time and our corporate team will promptly address your request. Our firm can provide you with all the necessary services for the administration of your company, including director and management services as well as bank account opening, accounting, substance formation and compliance.   By entrusting your company management to us, you are guaranteed the highest level of professionalism and a personal approach to your specific business structure.  

Company registration in 3 easy steps
  • 1 Choose your package
  • 2Submit documents
  • 3Get registration documents
  • Start
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