Company
registration requirements
Description: |
Requirement: |
Applicable Law |
Based on UK Companies Act 1929 |
Number of shareholders |
One shareholder or more |
Number of directors |
One director or more |
Non-resident directors |
Non-residents can be directors |
Corporate directors |
Legal entities can be directors |
Corporate secretary |
Resident secretary is required |
Authorized capital
|
Optional Usually 2000 Pounds |
Paid up capital |
Minimum 1 Pound |
Bearer Shares |
Not available |
Paid up Share |
Capital Not less than £100 |
Registered agent |
Required |
Registered office |
Required |
Annual tax return |
Required |
Audit |
Not required |
Board of directors meetings |
No restrictions on location |
Publicly available
information |
Memorandum & Articles of Association,
registered office and agent, annual
income, directors and shareholders |
Other requirements:
No Gibraltarian or resident of Gibraltar must
have a beneficial interest in the shares of the company. They
still can be Nominees or working staff of the company.
The company does not carry out or transact any trade or business
in Gibraltar unless all receipts and income arise either outside
Gibraltar or from dealings with other exempt or qualifying companies
and non resident persons. Companies undertaking business with
residents of Gibraltar have to prepare accounts for submission
to the tax authorities, but these accounts are not available to
the public.
The company keeps its Company Register of members and its Registered
Office in Gibraltar.
No shares are issued or transferred without the approval of the
Financial and Development Secretary.
All limited companies (except those which are non-profit or licensed
banks and insurance companies) are required to file accounts at
Companies House in respect of each financial year commencing 1
April 2000.
References
All applications should be submitted with a reference
of each of the beneficial shareholders which should be provided
by a bank or a professional person. Additionally a little information
as to the purpose of the company should be enclosed in the application.
Incorporation
Company formation can be undertaken very quickly,
unless there are any specific requests as to the form, contents
and certification of the corporate documents are required. more
complex memoranda and articles are required. Your company can
be exactly of that form that you wish, all the documents will
be completed in due course at your request.
Incorporation of a Gibraltar company usually takes 3 to 5 business
days. Additional legalisation (Notary, Apostille) may take another
4-6 business days. There is 0.5% stamp duty on authorised share
capital with a minimum payment of £10.
Registration package of documents
Upon registration you will receive the following
papers:
1. Original Certificate of Incorporation
2. Memorandum and Articles of Association
3. “First Minutes” of the Board Meeting
of Directors
4. Copy of the Declaration of Compliance
5. Share certificates
Additional services such as provision of Nominee
Directors, opening of bank account, etc. are available and prices
will be furnished upon request.
For nominee director services:
1. Share transfer forms/ trust declarations
2. Power of Attorney
3. Corporate resolution
4. Resignation letter/ services agreement, from
nominee directors
Certificate of Good Standing (with names of Directors
and Shareholders) is available upon request.
[Home] [Contact us]
|