Holding Company in Gibraltar
Gibraltar is one of the most attractive countries in terms of opening companies. Among the reasons the small territory has become so sought by foreign investors is the various types of companies one can set up here. From the simplest to the more complex business forms, Gibraltar provides entrepreneurs quick setup procedures and an advantageous tax system. Among the most popular types of companies to be registered here is the holding company, which allows foreign investors to own shares in one or more companies. However, the holding company is not allowed to carry out business operation on its own.
Setting up a holding company in Gibraltar
As mentioned above, the company registration procedure in Gibraltar is short and efficient. Holding companies can be registered in Gibraltar by employing one of the following structures:
- - limited liability companies, which often the preferred choice;
- - companies limited by guarantee;
- - unlimited companies.
Depending on the type of business form chosen, the shareholders will be required to appoint at least one director or a manager and a secretary. The Gibraltar holding company must also have a registered address here.
Upon the appointment of the directors and the secretary, the establishment of the company’s address and trade name, one must draft the holding company’s Memorandum and Articles of Association and file them with the Companies House in Gibraltar.
Our company formation representatives in Gibraltar can assist you with the preparation of the statutory documents of the holding company.
You can find out how to open a holding company in Gibraltar from the video below:
Why open a holding company in Gibraltar?
The main reason for opening a Gibraltar holding company is that this type of vehicle can be used for tax consolidation purposes. As such, a company holding shares in other companies can constitute a group which can be used for tax minimization purposes. Also, the holding company will limit the losses and risks of shareholders who can use the company to protect their assets. A holding company is also cost-efficient, as it can hire managers who oversee its activities without the need of hiring additional personnel.
For more information on the advantages of holding companies or assistance in opening one, do not hesitate to contact our company registration agents in Gibraltar.