PLEASE NOTE: Before incorporations can procedeed all applications must now be approved by the Regulator. This can add many days or weeks to the incorporation process with no guarantee of success.
Proform Offshore can incorporate offshore companies in Gibraltar, either formed to order with the client's choice of name or can supply from a shelf list. Full services available including nominee directors, company secretary, registered office and agent and all government fees.
Location
The Rock of Gibraltar guards the western entrance to the
Mediterranean and is attached to the southern tip of
Spain by a narrow isthmus. It has a population of 30,000
inhabitants although the Rock only has an area of two
and a half square miles.
Government
Gibraltar is a British Crown Colony and has been since 1704.
The Constitution gives legislative powers to the Governor
and the House of Assembly, which is elected every four years.
Gibraltar has its own legal system, similar to that of the
United Kingdom and based on English Common Law but with its
own statutes, termed Ordinances, which are passed by the
House of Assembly. Gibraltar is an associate member of the
European Community and is included for all matters except
VAT. English is the official language with Sterling the official
currency.
Types of Company Formation
Exempt Companies: No longer available
Non-Resident Companies: These are
very popular as alternatives to
the once popular Irish Non-Resident companies.
No annual government fee is payable and
audited accounts are not required.
Gibraltar is not party to any double taxation treaties so
there is therefore no exchange of information with other
fiscal authorities. Gibraltar companies can be especially
good for purchasing properties in Spain.
Taxation /Accounts
Neither an exempt company nor a non-resident company has
a liability to tax of any kind in Gibraltar.
From
2001 a basic balance sheet must be filed annually although
there is no requirement for this to be audited.
Advantages
- Associate
member of EC
- Excellent
communications
- Good
banking facilities
- No
exchange control
- No
double taxation treaties
- Official
language is English Low annual tax
- Exempt
from direct taxation
- Trusts
recognised under special Trust Ordinance
Other Products
We can arrange for the formation of Short Form Trusts (SFT) which are used to hold a single asset. Please ask for further details if interested,
Shelf List
Click here for current Non-Resident shelf list |
Fee
Schedule
Total
first year's costs
includes
incorporation, registered office, registered agent, local company secretary and all goverment filing fees |
UK£895 US$1477 |
| Annual
costs
includes
registered office, registered agent, local company secretary and filing
annual return | UK£595 US$982 |
Nominee Director and shareholder (per year)
We would appoint a nominee to act on your behalf as a director and shareholder to ensure your anonymity. We appoint individuals not corporate nominees. This includes a non-apostilled Power of Attorney.
|
UK£295 US$487 |
Assistance
with opening bank account
Proform Offshore can assist with opening accounts with
a bank in Cyprus |
UK£250 US$413 |
Apostilled Documents
Proform Offshore can arrange for a power of attorney and/or company documents to be issued, certified and apostilled - per document |
UK£130 US$215 |
Courier
Fees
we forward company documentation by express airmail
however if speed is paramount then a courier service
is available |
UK£50 US$83 |
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Incorporate in Gibraltar |
