Company formation in Gibraltar

Gibraltar, situated at the crossroads of Europe and Africa, offers an attractive environment for entrepreneurs looking to establish a business in a stable and tax-efficient jurisdiction. Company formation in Gibraltar is a straightforward process, and the jurisdiction provides several advantages for businesses seeking international expansion. This guide outlines the key steps and considerations involved in the company formation process in Gibraltar.

A key strength of Gibraltar is its highly skilled and educated workforce, making it a genuine hub of innovation. With a strong emphasis on education and technological advancements, the region boasts a pool of talent ready to contribute to the success of your business. Embark on a transformative journey to establish your business in Gibraltar with the unparalleled expertise and support of Regulated United Europe. Our comprehensive services are meticulously designed to guide you through the entire process of company formation, unlocking the strategic advantages inherent in this Mediterranean enclave.

PACKAGE «ESTABLISHMENT OF A COMPANY IN Gibraltar»

3,000 EUR
PACKAGE «ESTABLISHMENT OF A COMPANY IN GIBRALTAR» INCLUDES:
  • Registration of the Company under the law
  • Preparation of necessary documents for registration of a new company in Gibraltar
  • Verification and reservation of the company name with the Gibraltar Financial Services Commission
  • Virtual office/legal address for one (1) year / No need for a physical office
  • Local secretary services for one (1) year
  • Notary services and state fees
  • Legal consultation

Open business in Gibraltar

Advantages

Fast project implementation time

Gibraltar offers a competitive corporate tax rate of 12.5%

Gibraltar does not impose Value Added Tax (VAT)

The initial costs associated with establishing a business in Gibraltar are relatively low

Gibraltar is an exceptionally attractive jurisdiction for entrepreneurs. Its strategic location, efficient company setup process, and a low 10% corporate tax rate make it an ideal destination. The jurisdiction offers a supportive ecosystem with government-backed initiatives, providing mentorship and funding opportunities for startups. Gibraltar’s robust financial services sector and established regulatory framework add to its appeal. For those considering relocation, the jurisdiction welcomes individuals from various regions through streamlined residency programs. In essence, Gibraltar provides a favourable environment for businesses to thrive internationally.

GIBRALTAR

  • The process of setting up a bank account in Gibraltar is streamlined, contributing to the ease of conducting financial transactions and managing company finances.
  • The absence of inheritance or wealth tax provides individuals and businesses with financial planning flexibility and long-term benefits.
  • Gibraltar’s tax structure does not include capital gains tax, offering businesses the opportunity to reinvest profits and pursue growth without additional tax implications.
  • Gibraltar has a robust and stable economy, supported by a well-managed government, reducing uncertainties and contributing to a secure business environment.

A key strength of Gibraltar is its highly skilled and educated workforce, making it a genuine hub of innovation. With a strong emphasis on education and technological advancements, the region boasts a pool of talent ready to contribute to the success of your business. Regulated United Europe not only facilitates compliance with employment regulations but also assists in recruiting top-tier professionals for your team.

Contact Regulated United Europe to acquire comprehensive information regarding the essential steps for establishing a company in Gibraltar.

What types of companies exist in Gibraltar?

Gibraltar, with its strategic location at the entrance to the Mediterranean Sea, is an attractive jurisdiction for international business and financial services. Gibraltar’s legal system, based on the principles of English law, offers a variety of structures for establishing companies, allowing entrepreneurs to choose the most appropriate form for their specific business goals. In this article, we will look at the main types of companies that can be registered in Gibraltar, their characteristics and requirements for the establishment.

1. Private Limited Company

This is the most common type of company in Gibraltar, preferred by many small and medium-sized businesses. The main advantage of such a company is the limited liability of its shareholders, which is limited to the amount of their investment. Private limited liability companies in Gibraltar can be established with one shareholder, and the maximum number of shareholders is unlimited.

2. Public Limited Company

Public joint stock companies in Gibraltar can offer their shares to the general public and trade on the stock exchange. They are suitable for large operations and require a minimum authorized capital of £50,000. This type of company requires more stringent regulatory requirements, including the need to publish annual financial statements.

3. Company Limited by Guarantee

Such companies are usually established for non-profit purposes, such as charities, clubs, or associations. Guarantee companies do not have any share capital; instead, their members give a guarantee for a certain amount in the event of the company’s liquidation.

4. Limited Partnership

Gibraltar business partnerships include at least one joint partner with unlimited liability and one limited liability business partner. This structure is suitable for investment projects and joint ventures, where the common partner manages day-to-day operations and the transit partner contributes capital.

5. Sole Trader

Individual entrepreneurs can conduct business in Gibraltar by registering as sole traders. Although this is the easiest way to start a business, the entrepreneur is fully responsible for business obligations.

6. External or foreign companies

Companies registered outside Gibraltar may establish a branch or representative office in Gibraltar. These structures allow foreign companies to operate in Gibraltar and enjoy its tax regime, while maintaining their primary legal registration in another jurisdiction.

Conclusion

Gibraltar offers a variety of legal structures for the establishment of companies, each of which has its own advantages and features that correspond to different business models and goals. The choice of the appropriate type of company depends on the specifics of the business, capital requirements, the desired level of responsibility and tax strategy. Gibraltar remains a popular choice for international entrepreneurs due to its favorable tax treatment, strategic location, and commitment to high standards of corporate governance and transparency.

 Table of tax rates for companies in Gibraltar

Tax Category Rate Note
Corporate income Tax 12.5% 20% for energy companies and companies abusing their dominant position
Value added tax (VAT) Not applicable
Personal income tax 7% – 30% Maximum effective tax rate 27%
Social tax Not specified
Dividend tax Not applicable
Average salary 2023 Not specified

Gibraltar does not charge VAT, and there are no taxes on dividends, capital gains, or inheritance. People can choose to be taxed under one of two systems: based on benefits or based on total income, and will be taxed under whichever system results in less tax

 What is the size of the authorized capital of a company in Gibraltar?

The size of a company’s charter capital in Gibraltar is an important aspect of corporate planning and establishing a business in that jurisdiction. Gibraltar, attracting businesses from all over the world with its favorable tax system and strategic location, provides flexible conditions for registering and maintaining companies. Authorized share capital, or authorized share capital, is the maximum amount of shares that a company has the right to issue to shareholders. This parameter is one of the key parameters when registering a new company and can have an impact on its financial stability and investment opportunities.

Main provisions

Gibraltar does not have strict minimum capital requirements for most types of companies, including Private Limited Companies,Private Limited Companieswhich make up the majority of business structures in the Territory. This means that founders have considerable flexibility in determining the size of the share capital based on their business needs and future plans.

Minimum Authorized Capital

Although the exact minimum value is not set for private companies, it is common practice to set the authorized capital at an amount sufficient to start operations and cover initial expenses. This is usually a symbolic amount, such as £100, distributed over 100 shares of £1 each. However, it is important to remember that the authorized capital should reflect the real needs and scale of the business, as well as its potential development.

Public Companies

Forpublic Limited Companiesin Gibraltar, there are specific requirements for the minimum authorized capital. It should usually be significantly higher than that of private companies in order to ensure a sufficient level of protection of the interests of shareholders and creditors. The size of the minimum authorized capital for public companies is set depending on regulatory requirements at the time of registration.

Registration and Payment

When registering a company in Gibraltar, it is necessary to submit the relevant documents to the Register of Companies, including information on the authorized capital. Depending on the size of the authorized capital, a registration fee may be charged. It is important that the authorized capital is registered correctly, as any changes in the future will require a formal procedure and may entail additional costs.

Conclusion

Choosing the size of the authorized capital of a company in Gibraltar is an important decision that should be based on a thorough analysis of the business model, financial needs and future plans. Although there are no strict requirements for the minimum amount of authorized capital for private companies, it is important to approach this issue responsibly, taking into account both the current and potential needs of your business. A properly defined share capital can contribute to a successful start-up and further development of the company in Gibraltar.

 Should a company in Gibraltar have a local director?

Gibraltar corporate law does not make it mandatory for all companies to have a local director. Companies are free to choose the residency of their directors, which provides flexibility in organizing the company’s management. However, it is important to understand that the choice of directors ‘ residency may have an impact on the company’s tax status and ability to meet certain regulatory requirements.

Cases where a local director may be needed

Although there is no general requirement, there are certain circumstances in which the presence of a local director in a company in Gibraltar may be recommended or even mandatory:

  1. Tax residency: A company may want to demonstrate its tax residency in Gibraltar, for which having a local director who contributes significantly to the company’s management and decision-making at the local level may be critical.
  2. Specific licenses and permits: Some activities that require special licenses or permits in Gibraltar (for example, in the financial sector, gambling, or insurance) may require a local director or directors to meet regulatory requirements.
  3. Building trust and reputation: For some companies, having a local director can help build trust on the part of partners, customers, and regulators, as well as have a positive impact on corporate reputation.

Practical considerations

When deciding whether to appoint a local director of a company in Gibraltar, there are several practical considerations to consider:

  • Professionalism and experience: The selection of a director should be based on his professional qualities and experience in managing a business in the relevant jurisdiction.
  • Legal responsibilities and responsibilities: The legal responsibilities and potential responsibilities of directors under Gibraltar law should be clearly understood.
  • Cost of services: Hiring a local director may involve additional costs that should be considered when planning the company’s budget.

Conclusion

Although Gibraltar does not have an absolute requirement for a local director for all types of companies, in certain cases such a requirement may be preferable or even necessary to achieve business objectives, meet regulatory requirements, or optimize the tax burden. It is important to carefully consider all aspects and potential benefits of appointing a local director in the context of the specific needs and objectives of your Gibraltar business.

 What is the amount of government fees when setting up a company in Gibraltar?

Establishing a company in Gibraltar is an important step for many international businesses seeking to take advantage of this jurisdiction, including its favorable tax system and strategic location. However, as with the establishment of a company in any other country, Gibraltar has certain government fees and charges that must be paid during the registration process. In this article, we will look in detail at the amount of government fees and other charges associated with the establishment of a company in Gibraltar.

State Fees and Charges

Government fees for establishing a company in Gibraltar depend on a number of factors, including the type of company and the size of its authorized capital. Here are the main aspects to consider:

  1. Registration Fee
  • For most companies, a fixed registration fee is required to be paid at the time of incorporation. At the time of writing, this fee is approximately £100. However, this amount is subject to change, so it is recommended to check the latest information on the official website or from consultants specializing in Gibraltar corporate law.
  1. Fee for the Authorized Capital
  • In addition to the registration fee, companies may also be required to pay a fee, the amount of which depends on the amount of authorized capital. For example, a minimum fee is usually charged for a share capital of up to £2,000. The fee increases in proportion to the size of the authorized capital, reaching more significant amounts for large corporations.
  1. Annual Fees
  • In addition to the initial registration fees, companies in Gibraltar are required to pay government fees annually to maintain their status. These annual fees may also vary depending on the type of company and the size of its authorized capital.
  1. Additional Fees
  • Depending on the specific business and licensing requirements, companies may need to pay additional fees for obtaining special permits or licenses.

The Importance Of Accurate Information

It is important to note that the indicated amounts of fees and charges are approximate and subject to change. For accurate and up-to-date information, it is recommended that you contact the Gibraltar Financial Services Agency (FSC) or qualified legal and financial consultants who specialize in registering and running a business in Gibraltar.

Conclusion

Government fees and charges for establishing a company in Gibraltar are an important part of the registration process and require careful planning and accounting in the business budget. Understanding and paying these fees in a timely manner ensures the company’s legal and financial transparency, contributing to its successful start-up and further development in Gibraltar.

 What is the annual cost of servicing a company in Gibraltar?

The annual cost of servicing a company in Gibraltar varies depending on a number of factors, including the type of company, its operations, the need for licensing, and other services that may be required for its effective operation. Gibraltar attracts businesses from all over the world due to its favorable tax system, strategic geographical location and high standards of corporate governance.

  1. Annual Government Fees

Every company registered in Gibraltar is required to pay annual government fees, which are fixed and do not depend on the size of the business or its profits. These fees may vary, but they are usually several hundred pounds a year. These fees are required to keep the company’s registration active.

  1. Registration Agent and Registered Office

In Gibraltar, a company is required to have a registered office and a registration agent who provides a legal address for correspondence and compliance with local corporate requirements. The cost of using a registered agent and renting a registered office can vary significantly depending on the services provided, but it is estimated to range from several hundred to several thousand pounds per year.

  1. Accounting and Auditing

Depending on the size and type of business of the company in Gibraltar, an accountant may be required to maintain records and prepare financial statements. Some types of companies require an audit. The cost of these services varies depending on the complexity of the business and the volume of work, but usually starts from several thousand pounds per year.

  1. License Fees

If the company’s activities require a special permit or license (for example, in the financial sector, gambling, or insurance), additional licensing fees may apply. The amount of these fees depends on the specific license type and regulatory authority.

  1. Other Expenses

There may also be other costs associated with servicing the company in Gibraltar, including legal services, fees for filing certain corporate documents, as well as costs for international delivery of documents if the founders and directors are located outside Gibraltar.

Conclusion

The annual cost of servicing a company in Gibraltar depends on many factors and can vary significantly depending on the specifics of the business. It is important to carefully plan all upcoming expenses and take them into account when forming a budget. Consultation with local corporate law and finance professionals will help you ensure that your company’s maintenance costs are accurately planned and optimized in accordance with the requirements of Gibraltar law.

 What are the main advantages of establishing a company in Gibraltar?

The establishment of a company in Gibraltar offers a number of advantages that make this jurisdiction attractive for international business. Gibraltar, a British overseas Territory located on the southern coast of Spain, is known for its stable economic and political position, strategic location at the entrance to the Mediterranean Sea, and favorable tax system. Below are the key benefits of setting up a company in Gibraltar.

  1. A Favorable Tax System

One of the main advantages of Gibraltar is its tax system. Companies operating mainly outside the territory can benefit from low tax rates. Gibraltar has no income tax for such companies, making it an attractive destination for international business. In addition, the territory does not have taxes on capital gains and inheritance.

  1. Strategic Location

Gibraltar’s geographical position at the crossroads between Europe and Africa offers unique trade and logistics opportunities. This makes Gibraltar an ideal destination for companies doing business in international trade, shipping and logistics.

  1. A Legal System Based on the Principles of English Law

Gibraltar’s legal system is based on English law, which provides predictability and reliability for businesses. It also simplifies the process of setting up and running a company for international investors familiar with the English legal system.

  1. Reputation and Transparency

Gibraltar strives to meet international standards in the fight against money laundering and terrorist financing, which contributes to a high degree of transparency and Gibraltar’s reputation as a reliable jurisdiction for doing business.

  1. Access to the European Market

Despite Brexit, Gibraltar retains close economic and trade ties with the European Union, which can provide certain advantages for companies seeking to operate both inside and outside the EU.

  1. Highly Qualified Services

Gibraltar offers a wide range of professional services in the areas of legal and financial advice, auditing, banking and asset management, which provides support to companies at all stages of their development.

  1. An attractive Environment for Fintech and Innovative Companies

Gibraltar is actively developing infrastructure to support innovative and technological companies, including fintech startups, offering them favorable conditions for growth and development.

Conclusion

Establishing a company in Gibraltar offers a number of significant benefits, including tax incentives, a strategic location, a stable legal system, and access to qualified professional services. These factors make Gibraltar an attractive jurisdiction for international entrepreneurs and companies looking to expand their presence and optimize their operations on a global level.

 What are the best ways to establish a company in Gibraltar?

The establishment of a company in Gibraltar offers many opportunities for entrepreneurs and businesses seeking to take advantage of this jurisdiction, including a favorable tax system and strategic location. The Gibraltar corporate sector is characterized by flexibility and a variety of structures that can be adapted to different business goals and requirements. In this article, we will look at the main ways to set up a company in Gibraltar, highlighting their key features and benefits.

  1. Private Limited CompanyPrivate Limited Company)

The most popular and common way to set up a company in Gibraltar is to set up a private limited liability company. Such companies are suitable for small and medium-sized businesses, investment projects, and family businesses. They require a minimum of one shareholder and one director, who may be resident or non-resident in Gibraltar. The authorized capital may be symbolic, and the liability of shareholders is limited to the size of their contribution to the company’s capital.

  1. Public Limited Company

Public joint stock companies in Gibraltar are suitable for large projects and businesses planning to attract investment through a public offering. Such companies require a larger share capital and are subject to the strictest regulatory requirements, including disclosure and audit obligations.

  1.  Company Limited by Guarantee

This type of company is usually used for non-profit organizations, charitable foundations, and clubs. Such companies do not have shareholders, and its members provide guarantees for certain amounts to cover the company’s obligations in the event of its liquidation.

  1. Comanditnoe partnership (Partnership)

In Gibraltar, it is possible to establish both an ordinary partnership and a transit partnership. In the latter case, there is a division between general partners, who have unlimited liability, and transit partners, whose liability is limited to the invested capital. Such structures are often used for specific investment projects and joint ventures.

  1. External (foreign) company

Foreign companies can establish an external business unit in Gibraltar, while maintaining their main registration outside the Territory. This allows you to take advantage of the Gibraltar jurisdiction without having to re-register the company.

  1. Sole TraderSole Trader)

Individual entrepreneurs can register in Gibraltar as sole traders, which is the simplest form of doing business. This method is suitable for small businesses and freelancers who are ready to do business under their own name.

Conclusion

Choosing the right form of company in Gibraltar depends on a variety of factors, including the business objectives, scale, management structure, and financial plans. With a flexible and supportive corporate environment, Gibraltar provides entrepreneurs with a variety of options to establish and grow their businesses. However, it is important to conduct a thorough analysis and, if necessary, consult with professionals to choose the most appropriate structure for your business.

 Do I need to have a registered office in Gibraltar?

Legal address-this is the official registration address of the company, where it is legally recognized and can conduct business correspondence. The presence of a legal address is necessary for registering an enterprise with government agencies, for participating in tenders, obtaining loans, opening bank accounts, and for many other purposes.

Gibraltar as a business jurisdiction

Gibraltar is a small territory in the south of the Iberian Peninsula, subordinated to Great Britain. It is known for its favorable tax regime, which makes it an attractive destination for international business. Gibraltar offers low corporate income taxes, no value added tax (VAT), and no capital gains and inheritance taxes. These conditions create a favorable environment for company registration.

Advantages of a legal address in Gibraltar

  1. Tax benefits: One of the main advantages of registering a company in Gibraltar is the ability to optimize taxes.
  2. Reputation: Gibraltar is considered a serious jurisdiction with high standards of regulation and control, which can have a positive impact on the reputation of your business.
  3. European Market: Despite Brexit, companies registered in Gibraltar can still enjoy some of the benefits of access to the EU market.
  4. Privacy: Gibraltar offers a high level of privacy for businesses and their owners.

Need for a legal address in Gibraltar

A registered office in Gibraltar may be required for companies that:

  • They seek to optimize tax payments.
  • They wish to improve their corporate reputation by registering in a reputable jurisdiction.
  • They plan to conduct business with partners in the European Union.
  • They value the confidentiality of the company’s owners and operations.

Important points during registration

When registering a company in Gibraltar, it is important to consider the following aspects:

  • Compliance and Regulation: Ensure that your business complies with all local and international regulations.
  • Management and economic activities: To obtain tax benefits, the company must demonstrate managerial and economic activity in the territory of Gibraltar.
  • Professional Support: We recommend that you contact local legal and consulting firms that specialize in registering and servicing companies.

Conclusion

A registered office in Gibraltar can offer many benefits to international businesses, including tax optimization and a better corporate image. However, before making a decision to register a company in this jurisdiction, you must carefully weigh the pros and cons, as well as make sure that your business meets local and international requirements.

Can I open a branch of a foreign company in Gibraltar?

Opening a branch of a foreign company in Gibraltar is an attractive strategy for businesses looking to expand their presence and benefit from the territory’s favorable tax regime and business climate. In this article, we will look in detail at the process of opening a branch of a foreign company in Gibraltar, the key requirements and advantages of such a solution.

Understanding a Branch

A branch of a foreign company is its representative office located outside the country of primary registration, which conducts business on behalf of the parent company. The branch is not a separate legal entity; it depends on the parent company, which is fully responsible for its actions and obligations.

Advantages of opening a branch in Gibraltar

Gibraltar offers a number of advantages for foreign companies wishing to establish a branch office:

  • Tax benefits: Low corporate income tax rate, no taxes on dividends, interest and royalties, which makes Gibraltar attractive for international business.
  • Strategic location: Proximity to the European Union provides convenient access to European markets.
  • Reputation advantages: Registering a branch in a reputable jurisdiction can improve the company’s perception among partners and customers.

Requirements for opening a branch in Gibraltar

Opening a branch in Gibraltar requires compliance with a number of procedures and regulations:

  1. Registration: A foreign company must register its branch in the Gibraltar Commercial Register, providing all necessary documents, including the parent company’s founding documents and proof of registration in the country of origin.
  2. Legal address: The branch must have a registered office in Gibraltar for official correspondence and legal purposes.
  3. Appointment of a representative: You must appoint a local representative or agent who will act on behalf of the branch and provide communication with government agencies.
  4. Compliance and Reporting: The Branch is required to comply with local laws, including accounting, taxation, and financial reporting requirements.

Practical steps to opening a branch

  1. Documentation preparation: Collection and translation of official documents of the parent company required for registration.
  2. Choosing a legal address and representative: Determine the legal address and appoint a local representative.
  3. Registration in the Commercial Register: Submission of documents for registration of the branch and payment of the state fee.
  4. Establishing banking and financial transactions: Opening bank accounts and establishing accounting records.
  5. Compliance with regulatory requirements: Registration with tax and other government authorities required for doing business.

Conclusion

Opening a branch of a foreign company in Gibraltar can be a profitable solution for business expansion and tax optimization. However, companies should carefully evaluate all the requirements and procedures associated with registering and doing business in this jurisdiction, and take into account the need to comply with local and international norms and standards. Applying for qualified legal and consulting services in Gibraltar will help ensure the successful and efficient opening and operation of the branch.

 Can a foreigner open companies in Gibraltar?

Opening a company in Gibraltar by foreign citizens is not only possible, but also quite a popular choice among entrepreneurs around the world, due to the attractive tax regime, stable economy and transparent legal system of this territory. In this article, we will look at the key aspects and requirements associated with opening a company in Gibraltar by foreigners, as well as the benefits that this can offer your business.

Advantages of opening a company in Gibraltar

  1. Tax optimization: Gibraltar offers one of the lowest income tax rates in Europe, as well as no taxes on dividends, interest and royalties.
  2. Reputation: Gibraltar’s legislation is based on English law, which ensures transparency and predictability of the business environment.
  3. Strategic location: Gibraltar is located at the crossroads between Europe and Africa, making it a strategic location for international business.
  4. EU and Brexit: Despite Brexit, businesses in Gibraltar continue to enjoy some benefits thanks to special agreements between Gibraltar and the European Union.

Requirements for opening a company in Gibraltar

  1. Company registration: Foreigners can register a company in Gibraltar as a private limited liability company. To do this, you must submit the relevant documents to the Gibraltar Commercial Register, including the charter and constituent documents.
  2. Legal address: Each company must have a registered office in Gibraltar.
  3. Directors and shareholders: Minimum number of directors — one, shareholders — also one. There are no residency requirements for directors or shareholders.
  4. Accounting and Reporting: Companies are required to maintain accounting records and file annual reports. Depending on the size and type of activity of the company, there may be additional audit requirements.

Company registration process

  1. Selecting a company name: The first step is to verify the uniqueness and validity of the company name in the Gibraltar Commercial Register.
  2. Preparation of documentation: You must prepare and submit a set of constituent documents, including the company’s charter and statute.
  3. Registration fee: Payment of the corresponding registration fee to the Commercial Register.
  4. Appointment of directors and shareholders: Specify information about directors and shareholders in the registration documents.
  5. Legal address: Indicates the company’s registered office in Gibraltar.

Conclusion

Opening a company in Gibraltar is a profitable option for foreign investors and entrepreneurs, thanks to its low tax rate, convenient geographical location and stable legal system. At the same time, the registration process is relatively simple and does not require a physical presence. However, to ensure compliance with all requirements and avoid potential problems, it is recommended to seek the assistance of qualified legal consultants and specialists in Gibraltar corporate law.

 Can I get a residence permit when setting up a company in Gibraltar?

The establishment of a company in Gibraltar can be an attractive option for many entrepreneurs due to the favorable tax regime and the strategic location of the territory. However, many foreign investors are interested in the possibility of obtaining a residence permit when opening a company. In this article, we will look at this issue in detail, highlight the key aspects of the process of establishing a company in Gibraltar and the possibilities for obtaining a residence permit.

Establishment of a company in Gibraltar

The process of establishing a company in Gibraltar is quite straightforward and offers many advantages for foreign investors. Among the main advantages are low taxes on companies, no income tax for certain types of activities, and a transparent and stable legal system. To establish a company, you must complete the registration process, obtain a registered office in Gibraltar and comply with local corporate rules and regulations.

Gibraltar residence permit

Obtaining a residence permit in Gibraltar for foreigners is a process that requires separate consideration. The possibility of obtaining a residence permit may depend on many factors, including the purpose of the stay, the availability of financial resources, and the willingness to meet local requirements and conditions.

Residence permit through the company’s establishment

The establishment of a company in Gibraltar does not in itself guarantee the automatic granting of a residence permit. However, this may be one of the factors that will be taken into account when considering an application for a residence permit. The key aspect is the ability to demonstrate economic activity and contribution to the Gibraltar economy, as well as having sufficient financial means to support yourself and your family.

Criteria and requirements

To obtain a residence permit in Gibraltar, prospective applicants must meet certain criteria, including, but not limited to:

  • Proof of financial independence.
  • Having a stable and legitimate source of income.
  • Provision of health insurance covering Gibraltar.
  • Rent or purchase a property in Gibraltar that meets certain standards.

Practical steps

For those who are interested in obtaining a residence permit through a company’s establishment in Gibraltar, it is recommended that:

  1. Careful planning: Formulate a clear business plan that confirms your economic activity and contribution to the Gibraltar economy.
  2. Expert Advice: Seek advice from local legal and financial consultants who specialize in immigration and corporate law.
  3. Applying for a residence permit: Complete and submit your application for a residence permit by meeting all the requirements and submitting the necessary documents.

Conclusion

Although the establishment of a company in Gibraltar can be a strong argument when considering an application for a residence permit, it is important to understand that each case is considered individually. Potential applicants must demonstrate not only successful business operations, but also the ability to meet all local immigration requirements. By approaching the process with proper attention and preparation, you will increase your chances of successfully obtaining a residence permit in Gibraltar.

 What is written in the charter of a company registered in Gibraltar?

The Charter of a Gibraltar-registered company is a key document that defines the management structure, rights and obligations of shareholders, and the basic principles of the company’s operation. In this article, we will take a detailed look at what elements and provisions are usually contained in the charter of a company in Gibraltar, taking into account local corporate legislation.

Main sections and provisions of the Charter

  1. Name and legal address of the company

The charter must contain the full name of the company and its registered office in Gibraltar. This ensures the legality and ability to identify the company for legal and official purposes.

  1. Objectives and subject matter of the activity

This section describes the main goals of creating a company and the types of activities that it can engage in. This is important for determining the direction of the company’s work and its strategic objectives.

  1. Capital and shares

The Articles of Association should determine the size of the company’s share capital, the types of shares that the company has the right to issue, their par value, as well as the rights and obligations associated with each type of share. The terms and procedure for increasing or decreasing the authorized capital are also indicated here.

  1. Management structure

The charter prescribes provisions on the company’s management structure, including information on directors (members of the Management Board), their rights, responsibilities, and the procedure for appointment and recall. It may also contain provisions on the establishment of executive bodies and committees, their functions and powers.

  1. Meetings of Shareholders

This section of the Charter regulates the procedure for holding shareholders ‘ meetings, including annual and extraordinary meetings. Here you can specify the rules for submitting notifications, quorum, voting, and making decisions.

  1. Distribution of profit and loss

The Articles of Association must contain provisions on the procedure for distributing the company’s profits and covering losses, including the payment of dividends to shareholders and the procedure for calculating them.

  1. Accounting and Reporting Rules

This section defines accounting, auditing, and financial reporting requirements that comply with local laws.

  1. Amendments to the Charter and liquidation of the company

This section sets out the terms and procedure for making changes to the company’s charter, as well as the procedures for its reorganization or liquidation.

Conclusion

The charter of a Gibraltar-registered company plays a crucial role in the organization and operation of the company. It not only defines the legal basis for the company’s activities, but also protects the interests of shareholders and other interested parties. When drafting the charter, it is important to take into account the requirements of local corporate legislation and best corporate governance practices. To ensure that the charter meets all the necessary standards and requirements, it is recommended to contact qualified legal professionals.

 How long does it take to set up a company in Gibraltar?

The establishment of a company in Gibraltar is a process that attracts entrepreneurs from all over the world thanks to an attractive tax regime, a stable economy and an efficient legal system. One of the key questions that investors are interested in is how long it takes to establish a company in this territory. In this article, we will provide a detailed overview of the Gibraltar company registration process and the time frame associated with each step.

Stages of establishing a company in Gibraltar

The establishment of a company in Gibraltar can be divided into several main stages:

  1. Preparation and planning: At this stage, it is necessary to determine the structure of the company, its name, directors, shareholders and the subject of activity. You should also prepare a business plan and evaluate the initial investment.
  2. Choosing a legal address: Every company in Gibraltar must have a legal address within the Territory. This may require renting an office space or using services that provide a legal address.
  3. Submission of registration documents: After all the necessary documents are prepared, they are submitted to the Registrar of Companies of Gibraltar for official registration.
  4. Opening a bank account: To conduct business, the company will need to open a corporate bank account.

Time frame

Now let’s look at how long each of these steps usually takes:

  1. Preparation and planning: The duration of this stage can vary greatly depending on the complexity of the business structure and the speed of investor decision-making. This usually takes anywhere from a few days to a few weeks.
  2. Choosing a legal address: It can take from a few days to a week to find and complete a legal address.
  3. Submission of registration documents: After all the necessary documents are prepared and submitted, the registration process for a company in Gibraltar usually takes 1 to 3 business days. However, this assumes that all documents have been properly prepared and do not require additional processing.
  4. Opening a bank account: This process can take from several days to several weeks, depending on the bank and the completeness of the documentation provided.

Total duration of the process

Based on the steps described above, the total time required to establish a company in Gibraltar may vary. In ideal conditions, when all documents are prepared in advance and there are no delays with bank formalities, the entire process can be completed in 1-2 weeks. However, it is more realistic to expect that it will take 3 to 6 weeks to establish a company, especially if there are delays at the stage of preparing documents or opening a bank account.

Conclusion

Establishing a company in Gibraltar is a relatively fast and efficient process, especially when compared to some other jurisdictions. However, to minimize time costs and potential delays, it is essential to prepare carefully, complete all the necessary documents correctly, and use the services of experienced legal and financial consultants.

 What activities can companies do in Gibraltar?

Gibraltar, due to its unique geographical location, stable economy and attractive tax regime, is a popular place for international entrepreneurs and investors to register companies. An open economy and progressive legislation allow companies registered in Gibraltar to engage in a wide range of activities. In this article, we will look at the key areas of activity that companies can engage in in Gibraltar, and the specifics of doing business in this jurisdiction.

Financial services

One of the most popular destinations for companies in Gibraltar is the financial services sector, including banking, insurance, asset management and investment services. Gibraltar has a well-developed financial infrastructure and offers companies a favorable business environment, including tax incentives and access to the UK and European markets.

Gambling and betting

Gibraltar is known as one of the world’s leading centers of online gambling and betting. The country offers licenses for online casinos, sports betting, poker and other gambling activities. An attractive tax policy, transparent regulation and high standards of player protection make Gibraltar a desirable destination for major players in the gambling industry.

Trade and e-commerce

Companies in Gibraltar can successfully engage in international trade and e-commerce, taking advantage of the strategic location at the crossroads between Europe and Africa. Gibraltar offers an online trading infrastructure, logistics and warehousing solutions, as well as favorable tax conditions.

Marine business

Due to its location at the entrance to the Mediterranean Sea, Gibraltar offers significant opportunities for maritime business, including ship registration, shipping and maritime transport services. Gibraltar ship registration is highly rated and recognized in international shipping.

Cryptocurrencies and Blockchain

Gibraltar is actively developing the field of cryptocurrencies and blockchain technologies, offering regulation and support for startups and projects in this area. The jurisdiction attracts cryptocurrency exchanges, blockchain service providers, and ICO projects, offering them a favorable regulatory environment.

Consulting and services B2B

Companies in Gibraltar can provide a variety of consulting and B2B services, including legal, audit, marketing and ITservices. With an international focus and a high level of professionalism, Gibraltar is becoming an attractive platform for providing professional services.

Conclusion

Gibraltar offers companies a wide range of business opportunities in various sectors of the economy. Favorable tax conditions, a stable legal system and a strategic location make this jurisdiction attractive for international investors. It is important to remember that success in Gibraltar, as in any other jurisdiction, requires careful planning, compliance with local laws and regulations, and adaptation to local business conditions.

 Should a company in Gibraltar have employees?

In Gibraltar, as in any other jurisdiction, the requirements for doing business can vary significantly depending on the type of business, size and structure of the company. The need to have employees in Gibraltar for companies registered in the Territory is an important aspect to consider when planning a business. In this article, we will discuss in detail the requirements and conditions for hiring employees by companies registered in Gibraltar, as well as possible alternatives.

General requirements

In Gibraltar, there is no absolute requirement that a company must have employees. However, depending on the field of activity and the specifics of the business, the presence of local personnel may be necessary for effective management and operational activities of the company. For example, if a company provides services directly in Gibraltar, having qualified employees on-site may be critical to successful operations.

Requirements for certain types of activities

For some activities, such as financial services, insurance, or gambling, there are specific regulatory requirements, including licensing and compliance. In these cases, regulatory authorities may require a certain number of employees with the necessary qualifications and located in Gibraltar to ensure compliance with standards and regulations.

Legal and tax status

In terms of legal and tax status, the presence or absence of employees may affect how a company is classified in Gibraltar. For example, companies that are active in the Territory and have local employees may be subject to different tax rates and obligations compared to companies that use Gibraltar solely as their registered office.

Alternative options

For companies for which it is not optimal or possible to have a fixed staff in Gibraltar, there are alternative options. One of these options may be to outsource certain functions or use contract workers to perform specific tasks. This can allow the company to remain flexible and reduce staff costs while meeting local legal requirements.

Conclusion

Although the presence of employees in Gibraltar is not absolutely mandatory for companies registered in this jurisdiction, the specifics of the business and regulatory requirements may require the involvement of personnel. Companies should carefully review their operational needs and regulatory requirements to determine the best hiring strategy. In any case, Gibraltar offers flexible business opportunities, allowing companies to choose the most appropriate approach to human resources management.

 How do I choose a company name in Gibraltar?

Choosing a name for your company in Gibraltar is an important step that requires careful consideration and a strategic approach. The name not only creates the first impression of your business, but also plays a key role in branding, marketing, and legal defense. In this article, we will offer recommendations for choosing the right name for your company in Gibraltar, taking into account local requirements and best practices.

  1. Compliance with local legal requirements

The first and most important aspect when choosing a company name in Gibraltar is to make sure that it meets local legal requirements. Gibraltar has certain restrictions on company names. For example, the name should not be misleading or similar to existing company names. There are also restrictions on using certain words, such as”Royal”,”Imperial”,”Bank”,”Insurance” without special permission.

  1. Uniqueness and checking for matches

Before finally choosing a name for your company, it is important to make a thorough check for matches with already registered names in Gibraltar. This can be done through online resources and databases, as well as by contacting local legal consultants. A unique name will help you avoid legal disputes and confusion in the market.

  1. Clarity and simplicity

Choose a name that is easy to pronounce, remember, and write. Complex or long names can make it difficult for potential customers to understand your brand. In addition, a simple and clear name simplifies marketing and promotion of your company.

  1. Match the brand’s business model and strategy

The company name should reflect its essence, values, and business direction. This helps potential customers and partners immediately understand what your company is doing. Think about how the name will be associated with your brand, and make sure that it supports your overall marketing strategy.

  1. International suitability

If you plan to do business not only in Gibraltar, but also abroad, choose a name that will be well received in different cultures and languages. Avoid words that may have negative connotations or be difficult to pronounce in other languages.

  1. Long-term vision

When choosing a company name, think about its future development. The name should be flexible enough to match the potential expansion of the business, including new products or services that you may offer in the future.

Conclusion

Choosing a name for a company in Gibraltar is a process that requires creativity, strategic planning, and attention to detail. Given the local requirements, uniqueness, clarity and long-term vision of your business, you will be able to choose a name that will become a strong foundation for your brand and contribute to its successful development in Gibraltar and beyond.

 Gibraltar Business Register

The Gibraltar Business Register plays a key role in supporting transparency and regulating the corporate sector in this jurisdiction. As one of the most important elements of Gibraltar’s business infrastructure, the business register provides access to valuable information about companies registered in the Territory, including their status, legal address, directors and shareholders. In this article, we will look at the structure, functions, and significance of the Gibraltar Business Register for local and international businesses.

Structure and functions of the business register

The Gibraltar Business Register is managed by the Registrar of Companies, which is part of the government structure responsible for registering, monitoring and disseminating information about corporate entities. The Registrar of Companies plays an important role in ensuring compliance with corporate and commercial legislation, as well as in maintaining high standards of transparency and reliability of the business environment.

The main functions of the Gibraltar Business Register include:

  • Registration of new companies: Entrepreneurs wishing to establish a company in Gibraltar must submit the relevant documents to the Business Register. This is the first step to obtaining legal status and starting operations in the territory.
  • Providing information about registered companies: The Business Register contains information about all registered companies, including their legal address, status, directors and shareholders. This information is available for public viewing, thereby contributing to business transparency.
  • Making changes to companies ‘ registration data: Companies are required to notify the Business Register of any changes in their registration data, such as a change in their legal address, a change in directors or shareholders.
  • Liquidation and reorganization of companies: The Business Register also deals with the processes of liquidation and reorganization of companies, ensuring compliance with relevant procedures and legislation.

Business Register value for businesses

The Gibraltar Business Register provides important benefits for both local and international entrepreneurs:

  • Transparency: Access to information about companies increases the trust of investors, partners and customers, creating a favorable business environment.
  • Legal protection: The registration of a company in the Gibraltar Business Register provides legal recognition and protection, allowing it to operate in accordance with local and international laws.
  • Access to Financial services: Company registration simplifies the process of opening bank accounts and accessing financial services in Gibraltar and beyond.
  • Simplify business operations: Having clear and accessible information about companies simplifies verification and compliance procedures for commercial transactions.

Conclusion

The Gibraltar Business Register is a central element of the corporate infrastructure, providing transparency, reliability and legal protection for companies registered in this jurisdiction. Through effective regulation and easy access to information, the business register contributes to creating a favorable climate for both local and international business development in Gibraltar.

Viktoriia

“Gibraltar provides a supportive environment for startups, backed by government initiatives. We offer full legal support in Gibraltar. As a specialist, I’m here to help. Feel free to reach out—I’m eager to assist you in achieving your goals.”

Viktoriia Korotkevich

LICENSING SERVICES MANAGER

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RUE customer support team

Milana
Milana

“Hi, if you are looking to start your project, or you still have some concerns, you can definitely reach out to me for comprehensive assistance. Contact me and let’s start your business venture.”

Sheyla

“Hello, I’m Sheyla, ready to help with your business ventures in Europe and beyond. Whether in international markets or exploring opportunities abroad, I offer guidance and support. Feel free to contact me!”

Sheyla
Diana
Diana

“Hello, my name is Diana and I specialise in assisting clients in many questions. Contact me and I will be able to provide you efficient support in your request.”

Polina

“Hello, my name is Polina. I will be happy to provide you with the necessary information to launch your project in the chosen jurisdiction – contact me for more information!”

Polina

CONTACT US

At the moment, the main services of our company are legal and compliance solutions for FinTech projects. Our offices are located in Vilnius, Prague, and Warsaw. The legal team can assist with legal analysis, project structuring, and legal regulation.

Company in Lithuania UAB

Registration number: 304377400
Anno: 30.08.2016
Phone: +370 661 75988
Email: [email protected]
Address: Lvovo g. 25 – 702, 7th floor, Vilnius,
09320, Lithuania

Company in Poland Sp. z o.o

Registration number: 38421992700000
Anno: 28.08.2019
Phone: +48 50 633 5087
Email: [email protected]
Address: Twarda 18, 15th floor, Warsaw, 00-824, Poland

Regulated United Europe OÜ

Registration number: 14153440–
Anno: 16.11.2016
Phone: +372 56 966 260
Email:  [email protected]
Address: Laeva 2, Tallinn, 10111, Estonia

Company in Czech Republic s.r.o.

Registration number: 08620563
Anno: 21.10.2019
Phone: +420 775 524 175
Email:  [email protected]
Address: Na Perštýně 342/1, Staré Město, 110 00 Prague

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