Simple and cost-effective company formation in Gibraltar

Yes, Gibraltar is a fantastic location for running your offshore business and has a solid economy. Gibraltar is an offshore haven that entices international business owners with its affordable company establishment and maintenance costs, availability of nominee services, and low tax burden. The jurisdiction is an excellent starting point from which to launch an e-commerce firm, an IT business, an import and export company, a property management company, or any other sort of business endeavor due to its advantageous taxation system, sophisticated infrastructure, reliability, and security. Nothing has to be translated since English is the official language. In Gibraltar, you will be free to do business anywhere in the world. Gibraltar is also excellent for doing online business due to the lower cost of payment options.

The Gibraltar Companies Act 2014 requires all Gibraltar Non-Resident Companies to establish a registered office in Gibraltar. The Company shall maintain its record of directors and shareholders, agendas and resolutions, share transfer papers, and operational and book-keeping information at its registered office location. To be physically present in Gibraltar, a registered office with a registered agent such as a third party should be appointed who can handle the administration. Formationwise may function as your registered agent and offer a registered office for your Gibraltar offshore company formation.

In Gibraltar, there is a legal necessity for there to be at least one shareholder and one director assigned to each company. The Gibraltar Companies Registry is obligated to keep a public record of the directors’ and shareholders’ information pertaining to Gibraltar companies. To maintain your anonymity, you have the option of acting as a corporate director or shareholder in your own name or appointing Formationwise to do so.

A company secretary (a Gibraltar resident) is mandatory who might be a private person or a business. The company secretary is in charge of maintaining the accuracy and integrity of the business’s statutory records. This includes, but is not limited to, making an annual report with Companies House and maintaining the minute book. The role of the company secretary is a crucial one that requires the secretary to be aware of all communications received by the business at its Registered Office at all times. If required, we can offer secretarial services and serve as your company secretary for your Gibraltar business.

Companies in Gibraltar are taxed depending on their place of business. If a legal entity is managed and controlled from inside the nation, it is termed a resident. Income generated in or obtained from the country forms the foundation for taxes. The taxation rules for Gibraltar branches are the same as for any other company. Non-resident companies are taxed exclusively on income earned in the region. Corporate taxes are typically levied at a 10% rate. Gibraltar has no withholding tax on profits, royalties or interest and no capital gains tax. There are no payroll taxes, transfer taxes or real estate taxes.

If you wanted to open a bank account in Gibraltar in the name of your business, you might benefit from our knowledge of the various account types and services that banking institutions provide for corporate investors and businesspeople. In order to open a bank account in Gibraltar you will need to send us your passport, a utility bill as proof of residence and a valid telephone number, and an e-mail address. You simply need to send us all your details and our offshore company formation with bank account team will open a bank account in the bank of your choice in no time.

You may purchase or start a company in Gibraltar without ever visiting the territory. Although certain forms and other documentation must be sent in paper form by mail, all pre-incorporation and post-incorporation processes can be completed without the beneficial owner’s physical presence. Whether you want to start a new Gibraltar business or purchase an existing firm, Formationwise can help you accomplish all the company formation tasks online or over the phone, so you can sit back and relax in your home country while we do all the work on your behalf. In order for our Formationwise team to represent you before Gibraltar authorities and institutions, such as the Trade Register, a thorough set of power of attorney is needed.

Before registering with the relevant authority, you must first apply for a name with the Gibraltar name registration authority in order to form a company in Gibraltar. The business also means building or operating a website that advertises any trade or profession wherever it is physically located, either directly from Gibraltar or through an internet service provider based there. Even if a person is doing business under their own name, it is advised that they should register a company name.

You can definitely set up an offshore company in Gibraltar online. Simply fill out our online application form and let Formationwise do the rest. Through our online services, our specialists will walk you through the full process of incorporating your business in Gibraltar. We will begin by reserving your business name and then gather the documentation required from you for the registration of your company in Gibraltar. After the company is formed, we will open a corporate bank account for you and deposit the required minimum share capital. Finally, we will file the necessary documentation with the Gibraltar commercial registry for companies.

The offshore company formation process in Gibraltar is simple yet complex, and there is little documentation required. We can register your business in as little as 5 to 10 days after you send us your company documents. Formationwise has years of expertise in company formation in Gibraltar and has helped several international businesses successfully start their business operations in Gibraltar. The best part – with our help you can start your Gibraltar offshore company formation process remotely without visiting Gibraltar.