Gibraltar Non-resident Company Formation
Gibraltar has a special relationship with the European Community, which is different from any other overseas territory of a member state. Under the Treaty of Rome 1973 and the UK Act of Accession of the same year, Gibraltar was classified as a dependent territory of the United Kingdom. This classification affects Gibraltar Non-resident Companies.
Benefiting from a stable economy and a favorable tax regime, Gibraltar has established itself as a prosperous financial center. Considering the relation with the EU and its location, Gibraltar can offer tax haven advantages for companies that are registered as non-residents, including Gibraltar Non-resident Companies.
Gibraltar is one of the most attractive European offshore jurisdictions with its political stability, robust commercial, and professional infrastructure, making it an ideal choice for Gibraltar Non-resident Companies.
In the early 2000s, many bookmakers and online gaming operators moved to Gibraltar to benefit from operating in a regulated jurisdiction with a favorable corporate tax regime. However, this corporate tax regime for non-resident controlled companies was phased out by January 2011 and replaced by a fixed corporate tax rate of 10 percent and 0 for non-resident companies, including Gibraltar Non-resident Companies.
Today, Gibraltar’s economy is dominated by four main sectors: financial services, online gambling, shipping, and tourism, which includes retail sales to visitors. Gibraltar Non-resident Companies can actively participate in these sectors and benefit from the thriving economy.
Gibraltar Companies are not considered offshore companies, as there is no offshore legislation in Gibraltar. Instead, they fall under the same legal framework as Gibraltar Non-resident Companies.
All companies are formed under the same legislation, whether they do business in Gibraltar or outside of the territory, providing a level playing field for Gibraltar Non-resident Companies.
Companies that do not derive any income from sources in Gibraltar are not subject to tax, which is advantageous for Gibraltar Non-resident Companies.
Gibraltar Non-resident Companies often find the jurisdiction’s regulatory environment conducive to international business operations.
Entrepreneurs and investors seeking tax efficiency frequently explore Gibraltar Non-resident Companies as a strategic choice.
Gibraltar’s strategic location at the crossroads of Europe and Africa makes it an ideal hub for Gibraltar Non-resident Companies looking to access global markets.
Expert advice from local professionals can guide businesses in establishing and managing Gibraltar Non-resident Companies effectively within the territory’s legal and financial framework.
For additional information about Gibraltar Non-resident Companies, you can check the site Consil Formation.
Advantages of Gibraltar Non-resident Company Formation:
If you are interested in the Gibraltar Non-Resident Company Formation, you can contact us any time.
Summary of Gibraltar N0n-Resident Company and main characteristics:
| General Information | |
|---|---|
| Type of company | Private Company Limited by shares |
| Corporate Legislation | Gibraltar companies are regulated under the Gibraltar Companies Ordinance 1930. The Gibraltar Financial Services Commission is the governing authority. British Common Law |
| Taxation | For Non-resident sourced activities - Corporation Tax – 0% Tax on Dividends – 0% Territorial taxation system 0% for non-residents that do not derive any income from sources in HK. Corporate tax rate 10% |
| Currency | Standard Currency GBP Share Capital can be in GBP |
| Paid up capital requirement | No paid up capital required |
| Time zone | GMT+1 |
| Directors | |
| Minimum no. required | 1 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | Yes (included and provided by Consil Formation) |
| Local Secretary required | Yes |
| Registered office required | Yes |
| Share Capital | |
| Standard Currency | GBP |
| Standard Authorized Capital | £2,000 |
| Minimum paid up capital | No |
| Accounting Requirements | |
| Preparation of accounts | Required (can be completed by Consil Formation). Under the EU 4th & 7th directive on company accounts, Gibraltar companies are required to file accounts at the Gibraltar Companies Registry relating to their chosen year-long fiscal period within 13 months from the chosen financial year end. |
| Requirement for audit | On certain conditions - Yes (can be completed by Consil Formation). Companies with a turnover of less than GBP £4.8 million per annum are not required to file audited accounts, and are able to file Balance Sheets signed by the Directors of the Company. |
| Accounts public accessible | No |
| Requirement to file Annual Return | Yes (can be completed by Consil Formation) |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | Yes, Hague Convention 1961 |
| Owners | Individuals or Corporate |
Register your Gibraltar Non-Resident Company
- Document Notarization per document: € 500
- Bundle of documents Notarization;
- Document Apostillation per document;
- Bundle of documents Apostillation.