When looking for a jurisdiction in which to incorporate, the first thing to look at is the legal code. The body of law in Gibraltar is common law law. Common law makes for a easy corporate setup. Electronic signatures are permitted.
The country code GI is for Gibraltar and the most common company structure in Gibraltar is a LLC.
The amount you'll have to wait is about 1 week to incorporate a LLC in GI. is 0, This means you don't have any minimum share capital. The types of cash you can use to capitalize your legal entity is frequently any legal tender.
Yes, one is allowed to re-domicile a LLC from GI. You are usually allowed to change the jurisdiction of the company, pending certain procedures.
There must be at least 1 shareholder. This makes it possible for you to own a LLC in GI by yourself. Corporate Shareholders are permitted, which means you can have a legal entity as a shareholder. Foreign ownership is tolerated, up to 100% of the total shareholding.
A legal entity is only required to have one director. Moreover, corporate directors are permitted. Directors are disclosed publicly.
A registered legal firm must be retained for an address, paid by the company on an annual basis, for an office which can receive any official legal correspondance on behalf of the company. Furthermore, a company secretary is a requirement.
There is an obligation to file yearly tax returns. However, there is oftentimes a requirement to have these accounts audited.
Thin capitalization rules are not in effect.
A corporate director is permitted, meaning this country is a good option if you are setting up a structure where you want to protect director liability.
The directors are disclosed in the public registry of Gibraltar, HM Government of Gibraltar. Shareholders are disclosed in the HM Government of Gibraltar.
Typically companies take 1 week to setup and there are 1 director(s) required and 1 shareholder(s) required at the time of incorporation.
Overall we think Gibraltar is a good option and have given it a score of 89 as an IO score, using the Incorporations.IO proprietary formula.
1 weekto form