Gibraltar IBC, International Business Company is also known as a Gibraltar Non-Resident Company, is the most common international investment and the tax-planning vehicle in Gibraltar. The company has many potential applications including international trading to e-commerce, with benefits such as ease of tax burden and secure asset protection provisions with flexible corporate structures.These international instruments are typically the same as local Gibraltar companies and as such, the government in Gibraltar never generally describes their country as being a conventional offshore environment. Due to their relations with the EU, they distance themselves from the negative associations commonly had by traditional offshore financial centres.

 

Key Features

Gibraltar IBC

Corporate Details

General

  • Type of Entity

Non-Resident Company

  • Type of Law

English Common Law with local statues

  • Governed by

Gibraltar Companies Ordinance 1967

  • Registered Office in Gibraltar

Yes

  • Shelf company availability

Yes

  • Our time to establish a new company

5 – 10 business days

  • Minimum government fees (excludes taxation)

GBP 200

  • Corporate Taxation

No

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

Gibraltar Pound and British Pound (£)
(GIP 1 = GBP/£ 1)

  • Permitted currencies

Any

  • Minimum paid-up

GBP 1

  • Usual authorized

GBP 2,000

  • Bearer shares allowed

Yes

  • No par value shares allowed

Yes

Directors

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

Yes

  • Location of meetings

Anywhere, except Gibraltar

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

One

  • Publicly accessible records

Yes

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere, except Gibraltar

Company Secretary

  • Required

Yes

  • Local or qualified

Yes

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

Yes (but exceptions for small companies)

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

Yes

 

Advantages

  1. Name of company may be in any language
  2. Legislation and offshore finance sector goes back to 1967
  3. Gibraltar has a long history of financial and offshore products
  4. Financial and accounting records are not made public
  5. Nominee service availability
  6. Single ownership of Non-Resident Company is possible
  7. Strong secure asset protection

 

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.