Gibraltar Types of Entities


• 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

GIBRALTAR TAX EXEMPT COMPANIES

For a Gibraltar Company to obtain and retain its tax-exempt status, it must fulfil the following conditions:
  • Its paid-up share capital at all times must not be less than £100 or the foreign currency equivalent thereof;
  • No Gibraltarian or resident of Gibraltar must have any beneficial interest in the shares of the exempt company except as a shareholder in a public company which is registered in a country other than Gibraltar;
  • If the company is incorporated in Gibraltar, it must keep its register of shares within Gibraltar and have a provision in its Memorandum and Articles of Association to the effect that its register will not be kept elsewhere;
  • If the company is incorporated outside Gibraltar, it must keep a true copy of its register of members within Gibraltar;
  • The company must not, without the approval of the Financial and Development Secretary, carry on any trade or business in Gibraltar or with Gibraltarians or residents of Gibraltar except where these are other exempt companies;
  • An exempt company may, however, manage and control its business from Gibraltar and have an office and staff locally;
  • Auditors of the Gibraltar Company must be approved by the Government of Gibraltar, who must confirm annually that the company is not in breach of the provisions of the Companies (Taxation and Concessions) Ordinance.

Confidentiality.
The privacy of exempt companies is protected by Section 14 of the Companies (Taxation and Concessions) Ordinance 1984, which states:
14(1). ... the Financial and Development Secretary and every person having an official duty in the administration of this Ordinance shall regard and deal with all documents, information and declarations relating to the identity of the beneficial owners or persons interested in any shares, or bearer certificates or coupons issued under the provisions of this Ordinance as secret and confidential. Disclosure is permitted for the purposes of any criminal or civil proceedings in which such document, declaration; matter or thing is material (Section 14(3)).
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