Gibraltar Non-Resident Company Legislation
The governing legislation for Companies in Gibraltar is the Companies Ordinance.
Time to Incorporate
Incorporation takes 5 – 8 days.
Corporate Structure of a Gibraltar Non-Resident Company
- Only one director required – can be corporate
- Only one shareholder – can be corporate
- Shareholder(s) and director(s) may be the same
- No requirement for local shareholder(s) and director(s) for Gibraltar Companies
- Requirement for a resident secretary (this is included in our price)
Confidentiality and Privacy
- The Gibraltar incorporation documents carry the name and identity of the shareholder(s) or director(s). As such names appear on the public record.
- Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries.
Capital Structure of a Gibraltar Non-Resident Company
- Shares may be issued in any legal currency or in more than one legal currency
- There is no limit or maximum capitalization. The capital duty is 0.5% of the authorized capital
- The standard share capital is GBP 2000 or an equivalent in another recognizable currency
- The minimum paid in and issued capital may be one share
- Bearer shares are permitte
Taxation
- Non-resident companies are not liable for tax on income derived outside Gibraltar
- An Annual Tax of GBP 200 is payaple by all no resident Companie
Financial Statements and Company Records
- All Gibraltar Companies must file accounts
- The Company’s Director(s) and Shareholder(s) Register details are held on the public record
Meetings of Gibraltar Shareholder(s) and Director(s)
- Non-resident companies must have a registered office in Gibraltar where the statutory book of the company must be kept
- There is a requirement for meetings of shareholder(s) and/or director(s)
- If meetings of shareholder(s) and/or director(s) are desirable these meetings can be held by telephone or any other electronic means of communication providing that all participants can clearly hear each other.
- Meetings if thought necessary can be held anywhere in the world.
Doing business using a Gibraltar Non-Resident Company
A Gibraltar Non-Resident Company can carry out any legal business and/or investment activity worldwide, they may not offer bank, insurance or trust services without prior authorization from the Gibraltar Financial Services Commission.
Generally a Gibraltar Non-Resident Company cannot do business with Gibraltar residents or corporations.
The Gibraltar Non-Resident Company incorporation package includes:
- First year government filing fees
- Certificate of Incorporation
- Memorandum and Articles of Association
- Letter of appointment of first director
- Nominee shareholder details (if required)
- Declaration of Trust from the nominee shareholder (if a nominee shareholder is required).
- Minutes of the first meeting of the founders
- Share Certificates
- Register of Shareholders
- Register of Directors
- Registered agent services, (first year)
- Registered office, (first year)
- International express delivery by FedEx or DHL
Names
The name must not be similar to one which already appears on the Registrar. There is an extensive list of restricted names.