• Gibraltar Non-Resident Company
• Private Company Limited by Shares
• Company Limited by Guarantee
• The Gibraltar Tax Exempt Company
• The Gibraltar 1992 Company
• Public Company Limited by Shares
• Branch of Overseas Company
• The Qualifying Company
• Protected Cell Company
• Insurance companies
• General Partnership
• Limited Partnership
• Investment Funds
• Foundations
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GIBRALTAR NON-RESIDENT COMPANIES
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A company, which is incorporated in Gibraltar (whether or not exempt), owned by non-residents of Gibraltar and managed and controlled by directors who reside and hold board meetings outside Gibraltar is considered to be non-resident. non-resident company pays Gibraltar corporation tax only on its income derived from or remitted to Gibraltar.
Gibraltar Non-Resident Companies are not liable to taxation, other than on income accruing in, derived from or received in Gibraltar, or income arising directly or indirectly through their Gibraltar agents. However, some types of Gibraltar income are exempted, including income from the ownership, chartering or operation of any ship, and interest income from bank deposits and tax-exempt Government bonds. Assessments on non-resident companies may be made in their own name or in the name of their agent in Gibraltar.
Non-resident controlled companies can enjoy the same advantages as Tax-Exempt Companies and are generally used for the same purposes. They cost less to maintain since it is not necessary to take out a Tax-Exempt Certificate. In order to be exempt from tax in Gibraltar such companies must fulfil the conditions of a Tax-Exempt Company (other than taking out a Tax Exempt Certificate). In addition, the directors must generally be resident outside Gibraltar. Such companies will be exempt from tax in Gibraltar since they do not trade in or with Gibraltar and their directors are non-resident.
Gibraltar Non-Resident Company in brief
- The incorporation documents do not carry the name or identity of any shareholder;
- The names or identities of these persons do not appear in any public record;
- Company subscribers may be resident outside the Gibraltar;
- The company is required to have a registered office in the Gibraltar;
- Minimum of 1 director must be appointed;
- The maximum number of directors is not limited;
- Directors can be corporate bodies or private individuals;
- A director can be of any nationality;
- Company should have at least 1 shareholder;
- The names and address of shareholders are not available to the public;
- Shareholder and director may be the same person;
- There is no requirements for appointing local shareholder and director;
- There is no requirement for a resident secretary;
- There is no paid-in capital requirement;
- The minimum paid in and issued capital may be one share which is fully paid;
- Shares can be issued with or without par value;
- Shares may be issued in any recognizable currency or in more than one recognizable currency;
- A company records and accounts do not have to be held or filed with the authorities;
- A director can be of any nationality.
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