{"id":1211,"date":"2025-01-01T00:00:56","date_gmt":"2025-01-01T00:00:56","guid":{"rendered":"http:\/\/localhost\/systemday\/?page_id=1211"},"modified":"2025-01-04T14:30:13","modified_gmt":"2025-01-04T14:30:13","slug":"gibraltar-company-formations","status":"publish","type":"page","link":"https:\/\/www.shane-english.com\/gibraltar-company-formations\/","title":{"rendered":"Gibraltar Company Formations"},"content":{"rendered":"
Includes the processing fees for the required due diligence, providing the Registered Office, Company Secretary in Gibraltar supplying the Company Registers, standard Memorandum, Articles of Association and the company’s Tax Identification number.<\/p>\n
Gibraltar companies no longer advantageous<\/strong><\/h2>\n
Reasons why a Gibraltar company has ceased to be advantageous<\/p>\n
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Bank accounts for non-resident companies are not available in Gibraltar, except by special permission<\/li>\n
A Gibraltar company is not resident in Gibraltar unless it has business there, so the company will be subject to tax in another jurisdiction<\/li>\n
A Gibraltar company needs to register for VAT after the first sale into any European country or the UK<\/li>\n
All Directors and Shareholders need to lodge and continually update full details of their career<\/li>\n
It is difficult for any group to get a bank account when a Gibraltar company is part of the structure as banks perceive Gibraltar as a tax haven<\/li>\n
The tax advantage of Gibraltar companies ceases to exist if the company operate in countries which have special legislation connected with transactions to and from ‘tax haven’ jurisdictions<\/li>\n
Substantial fines for late filing of Accounts and Annual Returns.<\/li>\n
Registered Agents often require a “deposit” for possible closing fees<\/li>\n<\/ul>\n
![\"Gibraltar](\"https:\/\/www.shane-english.com\/wp-content\/uploads\/gibraltar-company-formations.jpg\")
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