Gibraltar has had a booming economy during the last years which has attracted a serious number of foreign investors. Gibraltar’s thriving economy is dominated by the financial services, the shipping and tourism and during the last years by the e-gaming industries. Gibraltar’s economy has also proved to be strong during the Euro crisis demonstrating a consistent growth in the Gross Domestic Product. If until now the small territory was perceived as an extension of the United Kingdom because of their resembling legislation, Gibraltar has recently amended its Companies Law which now offers many more benefits to foreign entrepreneurs coming here. 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 workforces.
One of the most important aspects to be kept in mind is that Gibraltar does not impose a minimum share capital to those opening a limited liability company. Foreign investor have an array of business entities to choose from when opening a company in Gibraltar. These are:
Foreign companies can establish branch offices or representative offices in Gibraltar.
We invite you to watch a video about how you can open a company in Gibraltar:
The Companies Act requires all companies to have a registered office in order to be allowed to conduct business operations in Gibraltar. Companies must also have at least one shareholder, one director and a company secretary. Our company incorporation agents in Gibraltar will help you register a business with the Companies House.
In order to register a business in Gibraltar foreign investors will need the company’s Memorandum and Articles of Association. The current Companies Act provide for simplified and shorter incorporation documents in order to ease the procedure. The founders will also be required to submit their passports and also details about the company’s director or directors and secretary. The registration takes a few days and once it is completed the founders will receive a Certificate of Incorporation
Once the company is registered with the Companies House it will also be required to open a bank account and register for taxation purposes. The Gibraltar company will be required to submit audited accounts on an annual basis.
Considering the country accepts nominee shareholders and directors you can request these type of services to our company formation agents in Gibraltar. You can also contact us for details about additional services and fees.