Gibraltar Offshore Company Formation

Price: £3,570 (exempt company)

Country: Gibraltar

Language: Official language is English but there is a large Spanish workforce and in reality has dual language.

Population: 27,000

Details of Limited Company (Exempt):

• Can have one or more subscribers and thereafter multiple shareholders.
• Must be beneficially owned by non-Gibraltarian or non-Gibraltar residents.
• Income must arise from outside of Gibraltar.
• Minimum issued capital of £100.
• Exempt from all local income tax.
• Director can be corporate or individual and need not be local resident.
• One official of the company must be Gibraltar resident (usually Company Secretary).
• Meetings of directors or shareholders may be held in any country.
• Exempt status runs for 25 years.
• References required for beneficial owner.

Banks:

There are several banks including Bank of Gibraltar, Standard Bank, Abbey National Offshore, other subsidiaries of UK and Spanish banks and others.

Minimum balance to open an account varies from bank to bank as do the terms and conditions which apply to operating accounts, the issue of debit and charge cards etc.

Costs

Incorporation	£1,170 one off (essential)
Corporate Structuring	£200 one off
Government Fee	£1,000 annual
Corporate Domicile	£1,100 annual
Director & Nominee Service	from £400 annual (optional)
Total Cost	£3,570

Please note that Non-Resident Companies are also available in Gibraltar at significantly lower costs. Please telephone 01904 783101 for details.

All prices quoted are exclusive of VAT.

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Order a Gibraltar Offshore Company.