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  • Gibraltar is a jurisdiction physically located on a small peninsula in the South of Spain, but is nevertheless a dependent territory of the United Kingdom. Gibraltar is a self-governing territory having its own constitution, but the defence and foreign policy of Gibraltar are handled by the United Kingdom. The official Head of jurisdiction is the Queen of the United Kingdom, who is represented by the general-governor of Gibraltar.
  • Following the abolition in 1999 of the tax-exempt status of Irish non-resident companies, Gibraltar has effectively become the only jurisdiction within Europe where the classic tax-exempt company may be incorporated.
  • In the event that the Gibraltar company has no source of income in Gibraltar, none of its shareholders are residents of Gibraltar, and control and management of the company is located outside of Gibraltar, the company is considered as Non-resident. As such, it is not subject to corporation tax in Gibraltar.

GENERAL INFORMATIONTotal area - 6,8 sq km
Population - 30,000
Location - click here to see the map of offshore jurisdictions
Political status - British dependent territory
Official language - English
Official currency - British Pound (GBP)
Time zone - GMT +1
Company typePrivate company limited by shares (Non-Resident)
Directors/OfficersGibraltar Non-Resident companies require a minimum of 1 Director, who may be a natural person or a corporate body from any legal jurisdiction, except Gibraltar.
Each Gibraltar Non-Resident Company must file a Register of its Directors with the Register of Enterprises of Gibraltar.
ShareholdersGibraltar Non-Resident companies require a minimum of 1 shareholder, who may be a natural person or a corporate body from any legal jurisdiction, except Gibraltar.
Each Gibraltar Non-Resident Company must file a Register of its shareholder/s with the Register of Enterprises of Gibraltar.
SecretaryGibraltar Non-Resident companies require a minimum of 1 Secretary; in practice - a resident of Gibraltar.
Each Gibraltar Non-Resident company must file an information on its Secretary with the Register of Enterprises of Gibraltar.
Authorised share capital Standard authorised capital = GBP 1,000.
Minimum capital, which must be paid on incorporation = 1 GBP.
Company Names The name of a Gibraltar Non-Resident company must end with the word "Limited".
Company names containing restricted words such as "Bank", "Insurance", "Trust", "Royal", "Fund" etc. will not be permitted unless an appropriate national operating licence has been obtained by the company.
Beneficial Ownership information Information with regard to ultimate beneficial ownership must be disclosed to the Registered Agent of the company and is held by the agent on a confidential basis.
Filing of Annual ReturnAn Annual Return must be submitted every 12 months after the date of registration.
Filing of Financial StatementsA short Financial Statement (balance sheet) must be submitted every year, as of the last day of the month of registration of a company.
Corporate TaxationGibraltar Non-Resident companies are not subject to corporation tax in the Gibraltar.
Tax TreatiesGibraltar has not entered into any Double Tax treaties with other countries.
Timeframe for incorporation 6/7 working days. A complete set of company documents can be delivered in 5/6 weeks.
Takeover of management & secretarial services for an existing Gibraltar Non-Resident companyPossible, following verification of Beneficial Ownership and agreement with and discharge of liabilities to previous corporate service provider in Gibraltar.
Description of incorporation documentsClick here for itemised description of company documents.
"Ready-made"("Shelf") companiesWe are happy to register new Gibraltar companies in accordance with client instructions.
Price of Gibraltar Non-Resident companyEUR 2,530, including incorporation costs, full domiciliary (Registered Agent/Office) costs, set of documents legalised by Apostille, including General Power of Attorney.
Cost of annual support servicesEUR 1,910 per year, including annual Government Duty, full domiciliary (Registered Agent/Office) costs, General Power of Attorney for current year.
Also, additional fees must be paid for preparing of a financial report (balance), depending on its complicity.
  • INTERNATIONAL OVERSEAS SERVICES has the following comments: -
  • For a long time, Gibraltar was one of the leading locations in Europe in terms of the number of registered tax-free companies. Currently, Gibraltar continues to be popular, due to the fact that it is the only tax free jurisdiction within the territory of Europe. The advantage Gibraltar has over other countries is that this jurisdiction is an ordinary European area as opposed to a far-away exotic island.
  • As the non-resident and financial sectors, in addition to tourism, are the key sources of revenue for Gibraltar, the local authorities appreciate these sectors and endeavour to preserve the beneficial conditions in this jurisdiction.
Info Lines:
Tel Aviv:+972-37-382009