Gibraltar
Incorporation package includes
- Incorporation of a Gibraltar company
- 1 year Registered Office Address
- 1 year Company Secretary Services
- Preparation of necessary resolutions and documentation
- Guidance to ensure your company remains in good standing
- Reminders and support for annual filings, renewals, and business registration renewals
Why form a company in Gibraltar?
Tax Advantages
Gibraltar offers a low corporate tax rate of 10%, one of the lowest in Europe. It also has favorable tax policies for certain industries, such as gaming, e-commerce, and finance.
Business-Friendly Environment
Gibraltar has a stable and efficient legal system based on English common law, creating a predictable and transparent regulatory environment for businesses.
Access to the EU Market
While Gibraltar is no longer part of the EU following Brexit, it retains many of the benefits associated with being close to EU markets, and there are specific agreements in place for business continuity.
No Capital Gains Tax
Gibraltar does not impose capital gains tax, making it an attractive destination for investment holding companies and businesses looking to protect capital appreciation.
Favorable for International Business
Gibraltar is a popular jurisdiction for international businesses, particularly in the fields of finance, insurance, gaming, e-commerce, and intellectual property.
High Level of Privacy
Gibraltar offers a high degree of privacy for shareholders and directors, with no public disclosure of shareholder details, providing a secure environment for business owners.
Enjoy Gibraltar's tax benefits
No VAT
Exempt from value-added tax on goods and services.
Low Corporate Tax Rate
Taxed at 10% on locally sourced income.
No Withholding Tax
Dividends paid to non-residents are not subject to withholding.
Corporate Tax Only on Local Income
Income generated outside Gibraltar is not taxed.
No Capital Gains or Inheritance Tax
Income from asset sales and inheritances is tax-free.
Delivery timeline
The incorporation process in Gibraltar is fast and efficient, typically taking 5-7 business days. Here’s an overview of the key stages:
Pre-Incorporation
Choose your company name, prepare the necessary documentation, and decide on the structure.
Company Registration
Submit the required incorporation documents to the Gibraltar Financial Services Commission (GFSC) for approval.
Issuance of Certificate & Documents
Receive your Certificate of Incorporation, the Memorandum & Articles of Association, and other company formation documents.
Post-Incorporation
Finalize services such as setting up a corporate bank account, appointing a company secretary, and completing any additional legal requirements.
Required documents
Once we receive the required documents, we will handle the entire incorporation process and ensure full compliance with Gibraltar’s regulatory requirements. To incorporate a company in Gibraltar, the following documents are required:
Director and Shareholder Information
- Copies of passports or ID cards for each director and shareholder.
- Proof of residential address (e.g., utility bill or bank statement).
Company Name
Proposed company name (subject to availability and approval by the Gibraltar Financial Services Commission).
Business Activities
A description of the business activities that the company will engage in (required for the business license).
Registered Office Address
Proof of the company’s registered office address in Gibraltar (can be provided through our service).
Memorandum & Articles of Association
Details of the company’s structure, including share capital, the number of shares, and the rights of shareholders.
Proof of Financial Capacity
Bank references or other financial documentation that may be required, depending on the nature of the business.
Frequently answered questions
Find answers to common questions about our services and the company formation process. We’re here to provide clarity and support for your business journey.
What is the minimum capital required to form a company in Gibraltar?
The minimum share capital for a private limited company in Gibraltar is £1. However:
- Companies may set a higher authorized share capital based on their business needs.
- It is common for companies to set their capital at £2 or £100.
This flexibility allows businesses to tailor their capital structure to suit their goals.
What types of companies can be registered in Gibraltar?
Gibraltar offers a range of company types, including:
- Private Limited Company (Ltd): The most common structure for businesses, providing limited liability to shareholders.
- Public Limited Company (PLC): For larger companies, typically with more than 50 shareholders, allowing them to list shares on the stock exchange.
- Limited Liability Partnership (LLP): Ideal for professional services firms or joint ventures.
- Branch or Representative Office: For foreign companies expanding operations into Gibraltar.
What are the requirements to register a company in Gibraltar?
To register a company in Gibraltar, you need:
- A unique company name approved by the Gibraltar Financial Services Commission (GFSC).
- At least one director and one shareholder (who can be individuals or corporate entities).
- A local registered office address in Gibraltar.
- A Company Secretary (individual or corporate) is required for compliance purposes.
- A share capital (usually minimum £1).
Speedy Incorp LLP can help guide you through the registration process and handle all necessary paperwork.
What are the ongoing compliance requirements for a Gibraltar company?
Ongoing compliance includes:
- Annual Returns: Submit to the Gibraltar Registrar of Companies.
- Accounting and Auditing: Companies are required to keep accurate financial records and have their accounts audited annually, depending on their size.
- Tax Filings: Submit corporate tax returns to the Gibraltar tax authorities.
- Director and Shareholder Registers: Maintain accurate and up-to-date records of the company’s directors and shareholders.
- Annual General Meeting (AGM): This is required for companies with more than one shareholder.
Failure to comply may result in fines, penalties, or company dissolution.
Can I open a bank account for my Gibraltar company remotely?
Yes, it is possible to open a bank account remotely for a Gibraltar company. However:
- Banks will require Know Your Customer (KYC) documentation, including identification, proof of address, and company formation documents.
- Some banks may ask for an in-person meeting, especially for larger accounts.
Speedy Incorp LLP can assist in the bank account opening process by providing introductions to reputable banks that facilitate remote account setup.
