Friday 27 June 2014

Why to Incorporate in Gibraltar




Together with the highly reputable British Isles of Jersey, Guernsey and the Isle of Man, the crown colony of Gibraltar belongs to High Disclosure Offshore Centers which provide for greater legal certainty. It is the only British offshore centre that is part of the European Union. It is the only British offshore centre that can and will increasingly be able to provide financial institutions with pass porting rights and access to the single European market for financial services.

Gibraltar has repositioned itself, within the financial services sector, from an offshore tax haven to an onshore European finance district. It has been accepted as a jurisdiction proven to comply with all EU and international directives and treaties on responsible behaviour. Gibraltar maintains European and international standards of regulation, has an attractive tax system and it has an impeccable reputation which is very attractive to corporate entities.

Gibraltar has a launched a new favorable fiscal regime which has welcomed global businesses looking to relocate or establish a new subsidiary. Whilst for UK companies looking to establish a physical presence, Gibraltar offers a English language, sterling pounds and a legal system modeled on the familiar UK one. It also offers a stable economic, business and political climate.

Key Features and Benefits Include:

1.      Zero Tax: Gibraltar companies are not liable to pay tax in Gibraltar on what they earn outside of Gibraltar and there is no Capital Gains Tax, Inheritance Tax, Wealth Tax, Capital Transfer Tax, VAT or Tax on savings and investment income in Gibraltar

2. EU Friendly: Gibraltar is a member of the European Union, hence, for persons/companies looking to do business in Europe, this makes it an ideal place to incorporate

3.      Nominees Permissible: Although the names of Shareholders and Directors appear on the public record Nominee Directors and Nominee Directors are permissible in Gibraltar

4.  Legal certainty: Gibraltar, a former English colony, boats a common law legal system (based on British common law)

5.      Corporate Officers permissible: A company can be engaged to act as Director or Shareholder of a Gibraltar company and there is no requirement for the Director/s or Shareholder/s to be Gibraltar resident

6.      Politically stable: Gibraltar is a British dependent Territory and boasts a British style constitution and system of Parliament

7.      Easy to establish: Only one Director and one Shareholder is required and there is  no minimum capital requirement. The Director and Shareholder can be of any    nationality

8.     Low maintenance: Small Companies are exempt from having to file accounts    and exempt from having to get accounts audited. A Gibraltar company is not      required to keep records locally – if the company chooses to keep records they      can be kept anywhere in the world.

Gibraltar is a member of the European Union that has developed as an international offshore centre within Europe. Gibraltar is developing the financial sector of economy, taking full advantage of the EU directives, including Banking Ordinance, Insurance Companies Ordinance and a Financial Services Ordinance.

The UK enhances the reputation of Gibraltar as an offshore centre, by supervising the Gibraltar Financial Services Commissioner and the membership of that commission. Gibraltar legislation continues providing favorable tax conditions for offshore operations, and during the last years the jurisdiction has reached even more popularity 

 





Global Company Formation UK Ltd
Suit 6-Westward House
Glebeland Road Camberley
Surrey, GU15 3DB

Tel: 02079935929
E  :info@globalcompanyformation.co.uk
W :www.globalcompanyformation.co.uk


Welcome to Global Company Formation

We offer formation advice to start up business globally. We advise you of the mode of start up like limited company, partnership, sole trader, trust and which is more suitable to your business. Our professional team consists of Lawyers, Chartered Accountants & Business Consultants in all major jurisdictions across the globe. We guide you to the country of formation on the basis your domicile status, double taxation agreement, international plan and repatriation rule of the each country. Now you can form your business anywhere in the world with us and we care your business.

Mathew Stephen FCA, AAIA, CeFA

Mathew Stephen is the founder Director of Global Accountancy Services. He is a qualified accountant from the Association of International Accountants in the UK and the Institute of Chartered Accountants of India. He is also one of the partners of international Chartered Accountants firm P. Parikh & Associates. He has 20 years’ experience in accounts, business consultancy, taxation & statutory audit. He is also a UK Independent Financial Advisor (IFA) and CeFA qualified at the IFS School of Finance.


He has won the Online Technology Award in two consecutive years, 2011 and 2012, from the Tenet Network. He specialises in Global Company Formation, International Taxation and also as Corporate Protection Advisor to the directors of Limited Companies.

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