British Overseas Territory located on the Southern tip of the Iberian Peninsula
There are no taxes payable
Secretarial fees, including the preparation and filing of annual return
On Other Jurisdictions:
Gibraltar lies at the southern tip of Spain just 13 miles from the north coast of Africa. Gibraltar is an Overseas Territory with their legal system broadly based on English Common Law and local statues. Despite the ongoing debate between the UK and Spain over the sovereignty of Gibraltar, it is highly unlikely that there will be any changes in the status of companies.
The approval of a name usually takes one day and incorporation can normally be arranged in one further day. Documents are then sent by courier which means that the complete company pack is usually in our office within 7 working days. Ready-made companies are available for immediate trading and without even those few extra days wait.
Companies that do not trade in Gibraltar (non resident companies) are free of tax.
Directors, Secretary and Shareholders
All companies must have at least one director. It is a statutory requirement to have a Gibraltar company secretary. Shareholders can be private individuals or companies.
The company will be set up with an authorised share capital of £2,000 (the maximum share capital for the minimum duty payable). 100 shares are usually issued.
All Gibraltar companies must file an Annual Return each year.
All companies must file a Balance Sheet showing assets and liabilities. This does not require an audit, and is signed by a director. Our annual charges include help to complete and file this Balance Sheet.
Where required, we are able to provide nominee directors and shareholders to act on behalf of the beneficiaries. The names of the nominees only will appear on the official register which is kept at the Companies Registration Office in Gibraltar and is open for inspection by any interested party. Nominee papers are drawn up to ensure that the beneficiaries retain control over the company.
London Representative Office
Though your tax haven company is located outside the UK, it is still possible to give the impression that your company is a regular UK registered company, for you are able to use our address (along with telephone, fax line and email as your “UK representative office”. This does not make your company subject to UK taxes, for the use of this address is for administrative purposes only. Correspondence and messages that arrive here will be forwarded immediately on receipt. We can also add a dedicated telephone line which will be answered with your companies name