Gibraltar is an English speaking British offshore territory found on the Southern tip of the Iberian Peninsula, just from the north coast of Africa. It has a population close to 30,000 and it’s a well known jurisdiction to create offshore companies.
Gibraltar companies are common essentially because there are virtually no taxes due. Their legal system is broadly based on English Common Law and local statues yet businesses that do not trade there are free of taxes.
You are able to set up a trust or firm in the province from as little as £900 with the specialists at Offshore Formations. This includes formation costs, registered office, administration and also secretarial fees and yearly accounts.
The approval of a name for a Gibraltar formation normally takes one day and offshore incorporation can usually be arranged within a further 24 hours. The complete company pack is usually taken care of within seven working days and ready-made businesses are available for immediate trading.
Just about all Gibraltar businesses need to file an annual Return per year and file a Balance Sheet showing liabilities and assets. Only one director is required but it is a statutory requirement to have a business secretary.
Though your tax haven business is located in Gibraltar, you may still give the impression that it is a normal UK registered company with a London representative office which has a UK address, telephone number, fax line and email.
So if you are interested in building or even maintaining an offshore company or perhaps trust in Gibraltar, get in contact today and the skilled and knowledgeable staff will take the time to ensure that every aspect of the process is dealt with efficiently.