Profile
Gibraltar lies at the southern tip of Spain just 13 miles from the north coast of Africa. Gibraltar is a British Crown Colony with a legal system broadly based on English Common Law. Despite the ongoing debate between the UK and Spain over the sovereignty of Gibraltar, it is highly unlikley that there will be any changes in the status of companies.

Company Formation
It takes approximately 10 days to incorporate a new company though ready-made companies are also available.

Taxation
As from 1 July 2003 all companies are free of tax

Exchange Control
Gibraltar has no exchange control regulations so a Gibraltar company is free to trade in any currency and bank in any part of the world.

Directors, Secretary, and Shareholders
All companies must have at least one director who must be private individuals only. It is a statutory requirement to have a Gibraltar company secretary. Shareholders can be private individuals or companies.

Share Capital
The company will be set up with an authorised share capital of £2,000 (the maximum share capital for the minimum duty payable). 100 shares are usually issued.

Annual Return
All Gibraltar companies must file an Annual Return each year.

Accounts
All companies must file a Balance Sheet showing assets and liabilities. This does not require an audit, and is signed by a director. Our annual charges include help to complete and file this Balance Sheet.

Nominees
Where required, we are able to provide nominee directors and shareholders to act on behalf of the beneficiaries. The names of the nominees only will appear on the official register which is kept at the Companies Registration Office in Gibraltar and is open for inspection by any interested party, but nominee papers are drawn up to ensure that the beneficiaries retain control over the company.

LONDON REPRESENTATIVE OFFICE
Though your tax haven company is located outside the UK, it is still possible to give the impression that your company is a regular UK registered company, for you are able to use our address (along with eMail, telephone and fax lines) as your 'UK representative office'. This does not make your company subject to UK taxes, for the use of this address is for administrative purposes only. Correspondence and messages that arrive here will be forwarded immediatley on receipt.