Company formation in Gibraltar

OFFSHORE COMPANY FORMATION IN GIBRALTAR

Gibraltar is an overseas territory of the UK and a part of the EU, with exemption from some areas such as customs. Gibraltar maintains a special political status with the UK and has a territorial tax regime, meaning, companies incororated in Gibraltar receiving income outside of Gibraltar will not be liable to tax in Gibraltar unless income is distributed to owners in Gibraltar. In addition, Gibraltar does not tax companies dividends paid to non-resident shareholders of company registered in Gibraltar, nor interest payments where the loan is provided outside Gibraltar. It also has no company capital gains tax or VAT.

The Gibraltar non-resident offshore company is widely used for international trading and investment situations (including real estate), particularly involving business in Europe.

To be a non-resident offshore company, a Gibraltar registered company must:

• maintain a registered in Gibraltar company office and resident secretary
• be owned by non-residents
• be managed and controlled outside Gibraltar
• not hold company bank accounts in Gibraltar
• must not derive company income nor repatriate income to Gibraltar

REQUIREMENTS FOR OFFSHORE COMPANY FORMATION IN GIBRALTAR

• Gibraltar offshore company director and shareholder information must be filed with the Registry in Gibraltar
• Minimum one director / shareholder is required for offshore company in Gibraltar, corporate directors permitted
• In Gibraltar registered company office, resident secretary
• Minimum paid-up offshore company share capital: £2
• Gibraltar offshore company financial accounts (abridged balance sheets) must be submitted to the Registry in Gibraltar, even if company is non-resident

GIBRALTAR OFFSHORE COMPANY FORMATION FEES

Please contact us for recent Gibraltar offshore company formation prices.

TIMESCALES FOR OFFSHORE COMPANY FORMATION IN GIBRALTAR

• We maintain ready made shelf companies in Gibraltar. If you purchase our offshore company registered in Gibraltar with existing nominee director / shareholder, time frame is 5 - 7 business days (urgent order: 3-4 business days).
• If a offshore company in Gibraltar is incorporated with a name that requires prior approval from the Company Registrar in Gibraltar the registration process will take approximately 2 weeks (urgent order: 7 business days).

ACCOUNTANCY SERVICES FOR OFFSHORE COMPANIES REGISTERED IN GIBRALTAR

If the Gibraltar offshore company had no activity for the fiscal year, dormant accounts are included in the fixed annual company maintenance fee £1,010. For Gibraltar offshore companies with minimal activity, basic annual financial statement preparation and submission fee starts at £650 per year based upon approximate number of monthly invoices and projected annual turnover of the Gibraltar company. Please contact us for further details on accounting services for Gibraltar registered offshore company.

BANKING OPTIONS FOR OFFSHORE COMPANIES REGISTERED IN GIBRALTAR

For the non-resident offshore company registered in Gibraltar, we can recommend opening company account with various banks located in Latvia, Estonia, Denmark or Cyprus. Please contact us for further details.

HOW TO INCORPORATE A OFFSHORE COMPANY IN GIBRALTAR?

For Gibraltar company formation, we will require the following:

• 100% of the Gibraltar offshore company formation cost
• A completed application form for company registration in Gibraltar
• A copy of each Gibraltar offshore company director/shareholder’s passport
• A utility bill copy that is less than three months old

Please send your documentation for offshore company formation in Gibraltar to:

SIA IBC Konsultants
Antonijas St. 22-4, LV-1010

Riga, Latvia
Fax: +371 67333957
Email: info@eurocompanyregistration.com
Skype: Contact_IBC

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