Gibraltar-en

 

 

  • Type of Company

The following types of company are available:-

- Limited by shares (public or private)

- Limited by guarantee with or without share capital

- Unlimited, with or without share capital

 

 

  • Restrictions on Trading

Cannot trade within Gibraltar or remit income to Gibraltar if the Company is to retain its non resident status for tax purposes.  A Non Resident company cannot undertake the business of banking, deposit taking, insurance, assurance, reinsurance, fund management, asset management or any other activity associated with the finance industry.

 

 

  • Powers of Company

A company incorporated in Gibraltar has the same powers as a natural person.

 

 

  • Registered Office Required

Yes, must be maintained in Gibraltar.

 

 

  • Name Restrictions

Any name that is identical or similar to an existing company. Any name which, in the opinion of the Registrar, is undesirable or offensive. Any name that suggests royal or government patronage. Any English name, or their foreign language equivalent, which may imply a field of activity associated with the banking or finance industry.

 

 

  • Language of Name

The name can be in any language that uses the Latin alphabet, but must be accompanied by a translation to ensure that the name is not prohibited or licensable.

 

 

  • Names Requiring Consent or a Licence

The following names or their derivatives require consent or a licence: bank, building society, insurance, assurance, reinsurance, fund management, asset management, investment fund, trust, trustees, municipal, Chamber of Commerce, co-operative or their foreign language equivalents. "International" and "Gibraltar" cannot be used without consent unless they are bracketed.

 

 

  • Suffixes to Denote Limited Liability

Limited or Ltd.

 

 

  • Disclosure of Beneficial Ownership to Authorities

The names of the shareholders are required to be listed on the Annual Return and Incorporation documents. The identity of the beneficial owners of the Gibraltar Non Resident Company may remain confidential if corporate shareholders are engaged to act as the shareholder on behalf of the ultimate beneficial owners.  This confidentiality is maintained as long as the company and its ultimate beneficial owners are not involved in any criminal activity.

 

 

 

General 

Type of entity

Non Resident

Type of law

Common

Shelf company availability

Yes

Corporate Taxation

Nil

Double taxation treaty access

No

Share Capital or Equivalent

Standard currency

GBP

Permitted currencies

Any

Minimum paid up

£1

Usual authorised

£2,000

Directors or Managers

Minimum number

1

Local required

No

Corporate Directors permitted

Yes

Publicly accessible records

Yes

Location of meetings

Anywhere, except Gibraltar

Members

 

Minimum number

1

Corporate Members permitted

Yes

Publicly accessible records

Yes

Location of meetings

Anywhere, except Gibraltar

Company Secretary

Required

Yes

Local or qualified

Yes

Accounts

Requirement to prepare

Yes

Audit requirements

Yes, small company exemptions

Requirement to file accounts

Yes

Publicly accessible accounts

No

Other 

Requirement to file annual return

Yes

Change in domicile permitted

Yes