Fionza Consultants offers a comprehensive guide on how to open a company in Gibraltar, with a streamlined 6-step process that can have your business up and running within 6 weeks.
Step 1: Choose the Right Corporate Entity Our expert consultants assess your business goals and activities to recommend the ideal corporate structure, paid-up share capital, and necessary licenses. We ensure compliance with Gibraltar’s regulations.
Step 2: Reserve Your Company Name Fionza Consultants conducts a thorough Gibraltar entity search to secure your preferred company name with the Gibraltar Company Register.
Step 3: Gather Required Documents Directors and shareholders typically need to provide KYC documents, such as certified passport copies, proof of address, and bank reference letters. We can also assist in renting a local registered office and offer nominee director services for enhanced privacy. Depending on your business, we’ll draft Articles of Association, a business plan, and other essential documents.
Step 4: Register Your Company We handle the registration process with the Gibraltar company registry and ensure timely approval. We’ll then send your Certificate of Incorporation, Memorandum and Articles of Association, and other corporate documents to your specified address, translated into English if needed. We also assist in obtaining business permits and licenses, including cryptocurrency exchange and remote gambling licenses.
Step 5: Open a Corporate Bank Account Fionza Consultants facilitates corporate bank account openings with our trusted banking partners in Gibraltar. Our banking team will guide you on the best account options for your business needs. Typically, this process takes approximately four weeks, and our team can accompany you to the bank meeting if required. Once your account is set up, we’ll courier the internet banking token and access codes to your preferred address.
Step 6: Fulfill Financial Reporting and Taxation Requirements All companies in Gibraltar must maintain annual financial records and present an annual company report to shareholders within 18 months of incorporation. Small companies meeting specific criteria benefit from reduced reporting requirements. Gibraltar does not impose capital gains tax, wealth tax, or value-added tax. The corporate income tax rate of 10% applies only to income derived in Gibraltar, with no withholding tax except for interest payments to resident companies at 22%.
By following these steps and leveraging Fionza Consultants’ expertise, you can efficiently establish and operate your business in Gibraltar.