The Right Response at the Right Time Law Support

Lawyer in Cyprus Location

8 Kennedy Ave., Office 101, CY-1087, Lefkosia, Cyprus Mon - Fri 09:00-18:00 Online Chat : 24/7

Logo

C. Hadjivangeli & Partners LLC

Advocates – Legal Consultants

Сonsultation

Cyprus lawyer INT:+357-22366777

Gibraltar Company Benefits

Gibraltar Company Benefits

Gibraltar Company Benefits

Gibraltar is British territory at the southern tip of the Iberian Peninsula. The country is attractive for businesses by the absence of taxation for non-resident companies.

A non-resident company is considered subject to the following criteria:
• non-resident beneficiary of Gibraltar;
• director, shareholder – non-resident of Gibraltar;
• the company does not conduct business and does not receive income in Gibraltar;
• the company does not have a physical office in Gibraltar.

Features and Benefits of a Gibraltar Company:
• no corporate tax;
• dividends in favor of a non-resident are not taxed;
• no capital gains and inheritance tax;
• data of directors and shareholders fall into the register of companies, but the use of nominee services is allowed;
• the minimum number of directors is 1 director and 1 shareholder, which can be both individuals and legal entities;
in Gibraltar, the company must have a registered office, seal, secretary;
• mandatory reporting.

We draw your attention to the fact that this article is for informational purposes only. For more advice, contact us at the contacts listed on the site. 

 

 

Post A Comment

Your email address will not be published.