Description
Gibraltar is situated at the southern tip of Spain, just 13 miles from the north coast of Africa. It has a population of approximately 30,000 inhabitants. The local legal system is based on English Common Law and the official language is English.
STRUCTURE
- Minimum of one Director, one Shareholder and one Company Secretary
- No minimum authorised capital requirements
- Public record of Directors and Shareholders
- Individuals or a corporate entity may act as Director
- Company names must end in “Limited” or “Ltd”
TAX & ACCOUNTS
- Small companies must file an annual balance sheet
- Requirement for larger companies to file annual audited accounts
- Requirement to file an annual return
- No corporate taxes
ADVANTAGES
- One of the best-regulated financial centres in the world
- Quick incorporation procedure
- Attractive tax regime
TIME TO INCORPORATE
- It normally takes approximately 2 working days to incorporate a new Gibraltar non-resident company and a further 10 days to provide you with all company papers