JM Financial Services - шаблон joomla Создание сайтов

Gibraltar rectangular icon 128

Gibraltar is a peninsula at the southern tip of Spain with an area of approximately 7 sq. km. It is adjacent to Africa yet within Europe, and has a historically strategic position at the junction of the Atlantic and the Mediterranean. The Rock of Gibraltar is limestone, is almost 425 m high, and has hundreds of metres of tunnels that were dug for various military campaigns. The name itself derives from the Moorish leader Tariq who used Gibraltar as a base in the eighth century. "Gibel Tariq" means the Mountain of Tariq.

 

Gibraltar


The population of Gibraltar is approximately 30,000 although a substantial number of the working population commutes daily from homes nearby in Spain. A number of Moroccan, British and Indian expatriates live in Gibraltar.

Gibraltar is a British Dependent Territory and is a Crown Colony with internal self-government. It has its own elected House of Assembly, which legislates on domestic matters. The United Kingdom is responsible for defence, foreign affairs, financial stability and internal security. Gibraltar is a member of the European Union by virtue of Article 227 paragraph 4 of the Treaty of Rome in its capacity as a territory for whose external relations a Member State (the United Kingdom) is responsible.

Gibraltar enjoys special status within the Community and is exempted from the Common Customs Tariff, the Common Agricultural Policy and Value Added Taxation.

Gibraltar is politically stable and the current Government, actively promotes Gibraltar as a first-class international financial centre.

Since the opening of the border with Spain in 1985, the level of tourism and investment has increased dramatically. Several international banks and insurance companies have offices in Gibraltar.

Gibraltar has excellent modern postal and telecommunications systems. Thanks to a joint venture between the Gibraltar Government and the Nynex Corporation of the USA, Gibraltar enjoys the latest in digital and fibre-optic telecommunications.

There are daily flights between Gibraltar and London and frequent scheduled air services to Manchester, Luton and Tangier. Although it is not at present possible to fly direct from Gibraltar to Spain and other destinations the airports at Seville, Jerez and Malaga can easily be reached by road and provide direct services to many international destinations.

The Port of Gibraltar enjoys free port status and hosts frequent calls from many of the world’s shipping lines, both passenger and freight.

The official and spoken language is English although because of Gibraltar's close proximity to Spain, Spanish is spoken widely.

UK Pound. Local notes and coins are produced but UK Currency is accepted, as is the Spanish Peseta, with most shops displaying dual currency price tags.

EXCHANGE CONTROLNone.

TYPE OF LAWCommon Law based on English Common Law.

PRINCIPAL CORPORATE LEGISLATIONBased on the United Kingdom 1929 Companies Act (as amended) and the Companies Ordinance 1984 (as amended).

TYPE OF COMPANY FOR INTERNATIONAL TRADE AND INVESTMENT

Exempt Company.


PROCEDURE TO INCORPORATE

Filing of Memorandum and Articles of Association, Statement of the Situation of Registered Office, a statement declaring the Authorised Share Capital and a Declaration of Compliance.


RESTRICTIONS ON TRADING

Cannot trade within Gibraltar or undertake the business of banking, deposit taking, insurance, assurance, reinsurance, fund management, asset management or any other activity associated with the finance industry.


POWERS OF COMPANY

A company incorporated in Gibraltar has the same powers as a natural person.


LANGUAGE OF LEGISLATION AND CORPORATE DOCUMENTS

English.


REGISTERED OFFICE REQUIRED

Yes, must be maintained in Gibraltar.


TIME SCALE TO INCORPORATE

Subject to name approval, a company can be incorporated within five working days.


NAME RESTRICTIONS

Any name that is identical or similar to an existing company. Any name which, in the opinion of the Registrar, is undesirable or offensive. Any name which suggests royal or government patronage. Any English name, or their foreign language equivalent, which may imply a field of activity associated with the banking or finance industry.


LANGUAGE OF NAME

The name can be in any language that uses the Latin alphabet, but must be accompanied by a translation to ensure that the name is not prohibited or licensable.


NAMES REQUIRING CONSENT OR A LICENCE

The following names or their derivatives: bank, building society, insurance, assurance, reinsurance, fund management, asset management, investment fund, trust, trustees, municipal, Chamber of Commerce, co-operative or their foreign language equivalents. "International" and "Gibraltar" cannot be used without consent unless they are bracketed.


SUFFIXES TO DENOTE LIMITED LIABILITY

Limited or Ltd.


DISCLOSURE OF BENEFICIAL OWNERSHIP TO AUTHORITIES

In order to obtain exempt status, an application has to be made to the Financial Services Commission. The application must include the name and address of the beneficial owner(s), and bank character references relating to the beneficial owners. This information is not on public record.


AUTHORISED AND ISSUED SHARE CAPITAL

Normally £ 2,000 divided in to 2,000 shares of £ 1 each. This being the maximum authorised share capital for the minimum capital duty payable upon incorporation. The authorised share capital may be expressed in any currency. The minimum issued capital is £ 100.


CLASSES OF SHARES PERMITTED

Registered shares, bearer shares (but unusual in the case of an exempt company), preference shares and redeemable shares or shares with or without voting rights.


BEARER SHARES PERMITTED

Not available for Exempt Companies.


TAXATION

A Gibraltar Exempt Company is exempted from local taxation.


DOUBLE TAXATION AGREEMENTS

Gibraltar is not a party to any double tax treaties


LICENCE FEES

£ 225 per year.


FINANCIAL STATEMENT REQUIREMENTS

There is no requirement to file financial statements, but a company must keep records to reflect its financial affairs.


DIRECTORS

The minimum number of directors is one, who may be natural persons or bodies corporate. They may be of any nationality, and need not be resident of Gibraltar.


COMPANY SECRETARY

All Gibraltar companies must appoint a resident company secretary, who may be a natural person or body corporate.


SHAREHOLDERS

The minimum number of shareholders is one.

Exempt Company Standard order

 Exempt Company with Nominee Services

GBP 1,550.00

 GBP 2,450.00

Standard order

The documents/services which are provided to the client are:

  • Certificate of Incorporation 
  • First Resolution of Director
  • Memorandum and Articles of Association
  • Share Certificate
  • Courier services
  • Corporate seal                     

       Price - GBP 1,550.00 includes:

  • Payment of government duties for registration of offshore company
  • Services of the registered office & registered agent in Gibraltar for first year
  • Services of registered office for first year.
  • Courier

Standard order with Nominee Services:

The documents/services which are provided to the client are:

  • Certificate of Incorporation
  • Memorandum and Articles;
  • First resolution of the Directors
  • Appointment of First Directors;
  • Share Certificate;
  • Deed of Trast
  • Register of the Directors and Shareholders;
  • Letter of the acceptance of the Director;
  • Power of Attornay;
  • Apostille Bound Set in the country of registration;
  • Agreement for the provision of nominee services
  • One round rubber company stamp

Price - GBP 2,450.00 includes:

  • Payment of government duties for registration of offshore company;
  • Services of the registered office & registered agent in Gibraltar for first year
  • Services of registered office for first year;
  • Nominee services for first year;
  • Courier.


Submission of documents for registration of the company

The process of registration of a company is possible only after the procedure of Due Diligence (Rules "Know Your Customer"), according to which, the customer must provide personal data:

A copy of the passport of the Beneficial Owner (the company owner), as a prove of the identity of the Beneficiary. Copies of passports of all beneficiaries / shareholders, directors and signatories of bank accounts must be certified by a notary and apostilled.

Proof of residential address (copy of utility bill, which shows the actual address). As a proof of residential address you can provide us with the original utility bill (bill for electricity, water, telephone, cable TV or gas), which states address of the client (utility bill must be issued no more than three months ago).

Bank reference letter.

Fill out an application for registration of the company.

If you need to consult with our specialist or if you have any questions, you can contact us through the form on the site, send us an e-mail to: This email address is being protected from spambots. You need JavaScript enabled to view it.or call our office by phone at +357 22 68 06 02.