Gibraltar is an English speaking British overseas territory located on the Southern tip of the Iberian Peninsula, just from the north coast of Africa. It has a population of around 30,000 and it is a popular jurisdiction to create offshore companies.
Gibraltar companies are common fundamentally because there are no taxes payable. Their legal system is broadly based on English Common Law and local statues but companies that do not trade there are free of tax.
One can set up a trust or company in the province from as little as £900 with the experts at Offshore Formations. This includes formation costs, registered office, administration and secretarial fees and annual accounts.
The approval of a name for a Gibraltar formation usually takes one day and offshore incorporation can normally be arranged in a further 24 hours. The complete company pack is typically sorted within seven working days and ready-made companies are available for immediate trading.
All Gibraltar companies must file an Annual Return per year and file a Balance Sheet showing assets and liabilities. Only one director is needed but it is statutory requirement to have a company secretary.
Though your tax haven company is located in Gibraltar, you can still give the impression that it is a normal UK registered company with a London representative office that has a UK address, telephone number, fax line and email.
So if you are interested in forming or maintaining an offshore company or trust in Gibraltar, get in touch today and the skilled and knowledgeable staff will take the time to ensure that every aspect of the process is dealt with efficiently.