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Articles

Open a Jewelry Business in Gibraltar

Updated on Thursday 08th February 2018

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Open-a-jewelry-business-in-GibraltarGibraltar is a very resourceful British territory which allows enterprisers to open both small and large companies depending on their business plans and budgets.  A less explored Gibraltar industry is jewelry which can be successfully linked to tourism as the Rock has become a very attractive tourism destination in the last few years.

Foreign investors who want to open jewelry companies in Gibraltar are not subject to any specific requirements, therefore the business can be created in a simple manner. Our company formation agents in Gibraltar can help you open this type of business here.

How to register a jewelry business in Gibraltar

Local and foreign investors who want to open a jewelry company in Gibraltar must first decide on how large the business will be. Both sole traders and limited liability companies are suitable for selling or manufacturing jewelry products in Gibraltar.

These are also the types of ventures one can establish: the sale of jewelry can be done in a traditional shop or online. Manufacturers can sell the products themselves or to third parties. No matter the business model, the registration of a structure with the Companies House is mandatory.

Our company registration consultants in Gibraltar can help with the preparation and filing of the documents with the Trade Register when starting a jewelry business here.

Other considerations when opening a Gibraltar jewelry company

Even if there are no special licensing requirements for starting a jewelry business, foreign enterprisers who want to undertake these activities must know that most of the raw materials used to create jewelry is imported.

In the case of precious metals such as gold and silver, these products must be declared with the Customs Authorities. They must be accompanied of a set of documents, such as invoices and certificate of conformity.

Handmade jewelry can also be sold in Gibraltar. These are subject to less requirements and are usually purchased by tourists. However, the luxury segment of the jewelry market in Gibraltar is also developed.

For full information on starting a jewelry company in Gibraltar, do not hesitate to contact our local company formation representatives. We can also assist with the registration of the company.

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