Company Formation in Gibraltar
Top 5 Advantages of company registration in Gibraltar
- Non-resident company are exempt from income tax
- No capital gains tax nor withholding tax
- Part of the United Kingdom
- Modern and business-friendly administration
- Possibility to open a bank account
How long does it take to register a Company in Gibraltar?
- 5-10 working days
- Can be done remotely in 2 weeks
What are the steps to register a company in Gibraltar?
The registration process of a company in Company Formation in Gibraltar is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement
- Payment of the full invoice
- [IF REMOTELY]: Notarization of POA by client
- Preparation of registration documents
- Document signed at the notary
- Official register validity: immediately
How high are the corporate income tax in Gibraltar?
The corporate income tax in Gibraltar is 10% on every income sourced within Gibraltar.
- This means that every income produced outside of Gibraltar is exempt of taxation
- Gibraltar doesn't have a capital gains tax nor a withholding tax (taxation of dividends)
What Double-tax treaties has Gibraltar?
Gibraltar doesn't have any double taxation agreement.
In 2021, Gibraltar has tax information exchange agreement with the following countries:
Australia, Austria, Belgium, Denmark, Faroe Islands, Finland, France, Germany, Greece, Greenland, Guernsey, Iceland, India, Ireland, Italy, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, South Africa, Sweden, Turkey, United Kingdom, United States of America
Gibraltar participates in OECD's Automatic Exchange of Information (AEOI).
- Do you want to buy a ready-made company or start a new one?
- Can you travel or do you want to do everything remotely?
- Do you want to deposit a share capital? (no obligation to do so)
Documents to provide for company registration in Gibraltar
- Passport copies (a scan) of all individuals above, also beneficiary owner if applicable
- A Power of Attorney (in case of a remote company registration)
- Certified company documents (in case at least one of the shareholders is going to be a foreign company)
Information needed to get company registration in Gibraltar
- 3 options of your desired name for the company and a company contact email address
- Names, addresses and emails of all shareholders and board members
- Short description of your companies’ activity
- The whole incorporation process can be conducted remotely. No travel necessary. Notarization of documents is necessary
- A Power of Attorney (POA) from (all) partners is needed
- The POA is sent to you by us based on the services you want
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization)
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address
- Gibraltar being part of the United Kingdom, it is part of the Hague Convention of the Apostille
Accounting and auditing
- Acconting has to be held, tax returns and financial statements need to be filed yearly to the Income Tax Office
- The registered company has 9 months after the end of its financial year to submit its accounts and reports
- Audit is mandatory for any company whose turnover exceeds 500,000 GBP
What are the residential requirements in Gibraltar?
- There are no residential requirements for the directors and shareholders. However, the company needs to have a registered address in Gibraltar, as well as a resident company secretary
LegalBison offers help with all of the above requirements. We assist and are local on ground. Speak now for free with one of our consultants to get your business started.
FAQs about company registration in Gibraltar
- 0% tax
- Perfect to begin with
- Easy process
- Very business friendly
- Competitive tax rates
- A growing EU economy
- Very low tax
- Foreigner friendly
- Everything remote
- Lowest tax rate in the EU
- Favorable for business
- Simple and fast
- Tax exempt
- Part of the United Kingdom
- A modern jurisdiction with innovative licenses