Tax haven Gibraltar is located in Southwestern Europe, bordering the Strait of Gibraltar, which links the Mediterranean Sea and the North Atlantic Ocean, on the southern coast of Spain. The population is 27,714. The official language is English.
Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center.
Gibraltar is an overseas territory of the UK and its legal system is based on the British law.
The head of the state in Gibraltar is Queen Elizabeth II, represented by Governor and Commander-in-Chief. Elections are held every 4 years; the monarch is hereditary; governor appointed by the monarch; Head of Government: Chief Minister; Cabinet: Council of Ministers appointed from among the 15 elected members of the House of Assembly by the governor in consultation with the chief minister.
Acting historically as an offshore branch for London City, Gibraltar has excellent communication facilities and business infrastructure. Situated not somewhere remote but right in Europe, Gibraltar supports and develops its unique status of a tax haven.
Gibraltar Company Formation — General Information:
Gibraltar offshore companies (or properly called Gibraltar nonresident companies) have to be owned and controlled by non residents of Gibraltar, not trade in Gibraltar and not remit income to Gibraltar. In this way offshore companies in Gibraltar are not liable for any taxes, except a low annual filing fee to the Registrar of Companies, payable at filing of the Annual Return.
Gibraltar has been in the process of amending its tax regime for Gibraltar offshore companies, so please contact us for further information on Gibraltar company formation.
Depending on your plans to explore horizons of offshore investments or business activities in Europe, while using offshore companies, Gibraltar may be just right for you.
Offshore Companies in Gibraltar:
- There is no corporate tax, capital gains tax, gift tax, and no VAT.
- It usually takes from 2 to 5 working days to incorporate a Gibraltar non-resident company
- There is no requirement for an annual audit, but you will have to file simple annual returns by the end of each year
- The information of beneficial owners is kept confidentially, but the names of the shareholders and directors of a Gibraltar IBC have to be filed with the Registrar of Companies. Nominee services are used routinely.
- A low annual maintenance fee is payable at the time for filing of the annual returns.
- Nominee services are available and provided by our company.
- A minimum of only one Director and Shareholder is required.
- Corporate directors and shareholders are permitted for offshore companies in Gibraltar.
Gibraltar Companies Names Restriction:
A corporate suffix such as “Limited” or “Ltd” has to follow the name of a company or any derivatives thereof.
There are sensitive words which the Gibraltar Companies House is unlikely to approve in a company name. Under these circumstances, we will not make applications for name reservation if a listed sensitive word is included. “British”, “National”, " Gibraltar or Great Britain", " Chamber of Commerce“, “and/or Trade and/or Industry”, " Authority“, “board or council”, " Association“, “Federation or Society”, " Patent or Patentee", " Co-operative", " Group Holding(s)“, “Friendly Society or Industrial Provident Society”, " Trade Union“, “Charter or Chartered”, " Benevolent“, “Foundation or Fund”, " Post office“, “Giro or Stock Exchange”, " Register or registered", " Chemist or Chemistry or Pharmaceutical“, “Police”, “Customs”, “Immigration”, “Foundation”, “School or University or College; Club”, “Authority”, “Council”, “Federation”, “Institute”, “Trust”, “and Investment trust”, “Unit trust”, “Bank”, “Directors”, “Financial”, “Savings”, “Commodities”, “Brokers”, “Credit”, “Nominee”, “Dire”.
Gibraltar Ready Made Companies:
We always hold Gibraltar shelf companies in our office which are ready for immediate shipping. The list can be provided upon your request.
Offshore companies in Gibraltar must maintain a registered office and must appoint a corporate secretary, resident in Gibraltar. All these services are provided by our company.
Note. The offshore company documents from tax haven Gibraltar will be sent by FedEx within 10 days to 2 weeks upon receipt of the application form and appropriate fee.