Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula.

The country is famous for its flexibility on company formation, high confidentiality, and low tax rates.

Company incorporation in Gibraltar is a perfect solution for foreign individuals and businesses seeking to do international business, with low tax rates and flexibility.

Description of Limited Liability Company in Gibraltar

• The most common type of company in Gibraltar;
• Liability is limited only to share contributions;
• No restrictions of nationality for directors and shareholders;
• Minimum 1 director and 1 shareholder;
• Only income which accrues in or is derived from Gibraltar is subject to tax in Gibraltar. In essence, as long as the income-generating activity of a company takes place outside Gibraltar, it will not pay corporate tax in Gibraltar;
• There are two exceptions: royalty income and interest income of more than £100,000 in any one tax year. In such cases, all such income will pay corporation tax at the standard rate of 12.5% per annum;
• Great banking & accounting infrastructure;
• Friendly business environment.

Gibraltar is home to a few important organizations from many industries, including insurance, gambling, real estate, and cryptocurrency, and is the jurisdiction of choice for foreign companies seeking to establish a strategic European presence.

• Tax rules

Gibraltar is immune from EU VAT rules and has complete fiscal autonomy. In general, companies are taxed in Gibraltar on revenue earned and generated from the territory. There is no VAT in Gibraltar.

• Economy and business

Gibraltar allows international shareholders, encourages foreign direct investment, and does not impose restrictions on capital imports or foreign earnings like interest, royalties, or other comparable sources of income. Industries, on the other contrary, are subject to regulations that need special authorization, for example, gaming businesses established in Gibraltar.

• Reputability of jurisdiction

Gibraltar’s top priorities are its reputation, improved regulatory environment, and legitimacy. The jurisdiction keeps its financial regulation, supervisory law, and anti-money laundering legislation up to date to meet EU requirements and UK standards.

For individuals:

• Passport copy of all shareholders;
• Passport copy of all directors;
• Copy of a recent utility bill not older than three (3) months.

If shareholder is a legal person:

• Copy of Certificate of Incorporation or other similar document, evidencing the entity’s existence;
• Copy of the Register of Directors;
• Copy of the Register of Shareholders;
• Copy of valid passport of the Directors;
• Copy of a recent utility bill issued no more than three (3) months ago of the Directors;
• Copy of valid passport of the Shareholders holding 25% or more shares;
• Copy of a recent utility bill issued no more than three (3) months ago of the Shareholders holding 25% or more shares.

For each ultimate beneficial owner (owns at least 25% or more shares):

• Copy of valid passport;
• Copy of a recent utility bill issued no more than three (3) months ago;
• Bank Reference Letter;
• Professional Reference Letter. The professional letter can be issued by an independent professional, such as a lawyer or an accountant