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Company Formation in Gibraltar in 2024


 
Gibraltar continues to attract foreign investment through its favourable business environment, strategic location, and supportive regulatory framework. The government actively promotes investment opportunities in key sectors and provides resources to facilitate foreign direct investment. Initiatives to streamline business registration and licensing processes make it easier for foreign investors to establish and grow their operations in Gibraltar.

Benefits of a Company Formation in Gibraltar

12.5% corporate tax rate
Local Gibraltar business bank account set up
No VAT
No inheritance or capital gains tax
Quick set up
Registered office
Company secretarial services

To register and form a Gibraltar limited company, you'll need to follow these steps:

1. Company Name Approval

- Choose a unique name for your company. Ensure it complies with Gibraltar's naming regulations (no offensive or misleading names).
- Submit the proposed name to the Gibraltar Companies House for approval.

2. Registered Office

- You must have a registered office address in Gibraltar. This will be the official address of your company where official correspondence will be sent.

3. Directors and Shareholders

- You need at least one director who can be an individual or a corporate entity. Directors can be of any nationality and reside anywhere.
- At least one shareholder is required, and corporate shareholders are allowed.

4. Memorandum and Articles of Association

- Prepare the Memorandum of Association, which includes the company's name, registered office, and business activities.
- Prepare the Articles of Association, which outline the internal regulations for running the company.

5. Company Formation Documents

- Prepare and submit the following documents to the Gibraltar Companies House:
- Memorandum and Articles of Association
- Declaration of Compliance (signed by the subscribers to the Memorandum)
- Notice of Situation of Registered Office
- Consent to Act as Director (if applicable)
- Any additional forms required by the Companies House

6. Registration and Fees

- File the formation documents with the Gibraltar Companies House. - Pay the applicable registration fees. These fees may vary based on the authorized share capital of the company.

7. Post-Registration Formalities

- Once your company is registered, you will receive a Certificate of Incorporation.
- Consider opening a bank account for the company.
- Ensure compliance with local tax and regulatory requirements.

Additional Considerations

- Gibraltar offers a favorable tax regime for companies, including no corporate tax for non-resident controlled companies.
- Companies registered in Gibraltar are subject to local reporting and compliance requirements.

By following these steps and ensuring compliance with Gibraltar's company law, you can successfully register and form a Gibraltar limited company. The small territory, which is often referred to as The Rock, provides numerous tax incentives for those opening a company in Gibraltar, but also for foreign citizens looking for employment. Gibraltar is one the European territories with the most skilled and diversified workforce. For more specific advice and a detailed offer, please contact us.
 


 
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