Eternity Law International — News — Offshore company Gibraltar

Offshore company Gibraltar

Published:
October 6, 2020

OFFSHORE COMPANY Gibraltar – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY GIBRALTAR – OFFSHORE COMPANY REGISTRATION ON GIBRALTAR

The cost of registration1 900.00 EUR
The cost of renewal700.00 EUR
Number of Directors1
Corporate tax0.00%
Paid up capital0.00
Requirements for mandatory reportingNo

Gibraltar is a disputed island that is officially under the jurisdiction of the UK, however, Spain has its own claims.

The official language of the island is English, however, among the tradable currency is the peseta, and a huge number of residents are Spanish.

Gibraltar is a popular resort, washed by the Mediterranean sea on one side, and by the Atlantic ocean on the other. However, people come here not only to relax but also to register an offshore company.

Business peculiarities

Tax non-residents of Gibraltar do not have the right to conduct any activity within the island.

In addition, they are forbidden to provide services for the provision of a legal address and acquire real estate property.

To register your own office in Gibraltar is required, but a non-resident may only rent a room.

Offshore companies have the opportunity to register in several forms of ownership.

The most common one is considered the NRC. It is mandatory to have a secretary. The main requirement for the name of the organization is the presence of the word Limited.

Businesses such as NRC have the right to be engaged in all activities, but in some cases, it will require the registration of the license.

It is important to know that the Gibraltar law prohibits the appointment of the directors of the NRC, having the citizenship of the island. You can use the nominee director.

There are no additional restrictions on doing business outside of the island.

Taxation on the island

Gibraltar is one of the most favorable territories for doing business, located geographically in Europe. Features of tax legislation for non-residents are the following:

  • full tax exemption for NRC;
  • no need of accounting;
  • no need to conduct an annual audit and provide a conclusion (for small businesses);
  • no foreign exchange control;
  • no need for annual reports.

It should be noted that companies registered on the island are not required to deposit share capital. Also, the organization has the ability to issue shares.

Thus, Gibraltar has the status of one of the most attractive offshore areas for European companies: it is located near excellent transport accessibility, taxes do not exist, reporting is minimal.

If you need to register an offshore company in Gibraltar, our specialists will help you quickly and professionally register a company in Gibraltar. Also, you can buy a ready-made company in Gibraltar. Write to us in the CRM form and we will help you register the company in Gibraltar.

Eternity Law International specialists will provide you with expert advice on acquiring an offshore company, opening a bank account in any jurisdiction, and further accompanying your company’s activities at any stage of the work.

We offer ready-made European and offshore companies – re-registration of documents for new owners takes 2 days.

If you have any questions or need advice on the registration or purchase of the company, please call us at the numbers on the website or write to us at the CRM form located at the bottom of the page, our specialists will answer you online.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.

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