Gibraltar as an offshore company tax haven
Gibraltar as an offshore company tax haven
A number of factors make Gibraltar attractive for offshore business conduct; good geographical location and bilingual (English and Spanish) territory; cost effectiveness and attractive fiscal regime for offshore investors; excellent reputation, stable government and special status within the European Union; excellent infrastructure and communications; favorable tax status for offshore banks; no exchange controls.
Gibraltar also has an attractive trust regime. Trusts created by non-residents that generate overseas income are exempt from Gibraltar income tax.
Gibraltar Companies and their Tax Liability
A Gibraltar non-resident company is not taxable in Gibraltar. It is a company, which is incorporated in Gibraltar, owned by non-residents and controlled by directors who reside and hold board meetings outside Gibraltar.
A company registered in Gibraltar will not be liable to Gibraltar taxation, including income tax and estate duty, if it's owned and controlled by non residents of Gibraltar, does not trade in Gibraltar and does not remit income to Gibraltar. In addition there is no wealth tax, Capital Gains Tax, gift tax or Value Added Tax. Gibraltar is not a party to any double tax treaties.
Gibraltar Offshore Company Banking
Offshore Formations 247 can incorporate a Gibraltar offshore company with a choice of offshore bank accounts at the time of company formation. We work closely with a number of banks, including HSBC, and FBME in Cyprus. Combining the two saves time and couldn't be simpler.
Gibraltar Company Formation / Registration
Offshore Formations 247 are able to incorporate a Delaware LLC. Company formation normally takes up to 4-5 days to register, though Off The Shelf companies are available should your requirements be more immediate.
Gibraltar Offshore Company Anonymity and Disclosure
The names of the shareholders are required to be listed on the Annual Return and Incorporation documents. The identity of the beneficial owners of the Gibraltar Non Resident Company may remain confidential if corporate shareholders are engaged to act as the shareholder on behalf of the ultimate beneficial owners. This confidentiality is maintained as long as the company and its ultimate beneficial owners are not involved in any criminal activity. Offshore Formations 247 can supply the use of our corporate shareholders for this very purpose. Similarly, the register of Directors within Gibraltar is also publicly accessible and so if anonymity is required, Offshore Formations 247 can supply the use of Nominee Directors.
In terms of the exchange of information provisions, it has implemented the OECD Exchange of Information Treaty and is on the OECD white list.
Gibraltar Offshore Company Shares
The standard authorised share capital is usually 2000 divided into 2,000 shares of 1 each. This being the maximum authorised share capital for the minimum capital duty payable upon incorporation. The authorised share capital may be expressed in any currency. The minimum issued capital is 100. Registered shares, preference shares and redeemable shares or shares with or without voting rights are all permitted.
Gibraltar Offshore Company Formation, Nominee Director, Nominee Shareholder, Mail forwarding and Bank Accounts
Offshore Formations 247 specialize in Gibraltar company formations ranging from simple company registrations to complex structures including offshore Trusts and in providing a very comprehensive assortment of administrative services to Gibraltar companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Gibraltar Offshore Company, often for no cost at all.
Our specialist Gibraltar company formation and company registration team:
Retains well-established affiliations with local company agents in Gibraltar
Maintains an experienced staff with knowledge of legal requirements for company formation in Gibraltar
Guarantees that all company filing fees and documents are up-to-date and notifies clients of all Gibraltar compliance changes
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