Gibraltar Company Key Features

Offshore Companies in Gibraltar are very often used as Asset Holding Companies, Trading Companies,  Consulting Companies and other uses such as IT, Gaming, Website Holding, Share Trading and Property Holding. A Gibraltar Offshore Company costs around one third less than a similar Offshore Company based in Jersey or Guernsey. The Formation of a Gibraltar Offshore Company takes just 3 to 4 Days, and from Keylink Consultancy costs just £650.

With No Corporation, Capital Gains or Inheritance Tax Payable, a Gibraltar Non- Resident Company together with an Offshore Bank account is a 'must have' tool for accumulating wealth 'Offshore' and Inheritance Tax Planning.

Key Features Table of Gibraltar Non-Resident Company

Political Stability     Good

British Based Legal System     Yes

Type of Company     None Resident

Disclosure of Beneficial Owner     Yes

Migration of Domicile Permitted     Yes

Tax on trade outside of Gibraltar     Nil

Non-English Language Names Allowed     Yes

Gibraltar Corporate Requirements

Minimum Number of Shareholders     One

Minimum Number of Directors     One

Bearer Shares Allowed     No

Corporate Directors Permitted     Yes

Secretary Required     Yes

Standard Authorised Share Capital     £2,000

Gibraltar Company Local Requirements

Registered Office/Agent     Yes

Company Secretary     Yes

Local Directors     No

Local Meetings     No

Government Register of Directors     Yes

Government Register of Shareholders     Yes

Gibraltar Non Resident Company Annual Requirements

Annual Return     Yes

Filing of Accounts     Yes

Company Formation (Gibraltar)

SHARE CAPITAL, TAXATION, LICENSE FEES AND COMPLIANCE MATTERS

Authorised Share Capital
Normally £2,000 ($3,600) divided into 2,000 shares of £1.00 each.

Classes of Shares Permitted
Registered Shares
Preference Shares
Redeemable Shares
Shares with or without voting rights
Bearer Shares Permitted (special conditions only)

Taxation

Double Taxation Agreements. There are some in the process of ratification

A flat rate of 10% Corporation Tax was introduced in 2011 for resident companies

This does not affect non resident Gibraltar Companies that trade outside Gibraltar

Financial Statement Requirements

There is a requirement to file Financial Statements, under the Companies (Accounts) Ordinance 1999. In most cases this would be in the form of a Abridged Balance Sheet.

Structure of Management

Minimum number of Directors One
Company Secretary Required
Yes, usually provided locally but can be a Corporation
Minimum number of Shareholders One

More information about forming a Gibraltar Company