Frequently Asked Questions
What does my company need to do to become fully compliant in Gibraltar?
Initially, you will need to incorporate the company and register the same with Companies House, the tax office and the Office of Fair Trading if a business licence is required. A separate registration will need to be made with the Employment and Training Board should the Company require employees to be registered in Gibraltar. It is advisable to engage a local service provider to ensure that on-going annual statutory compliance matters such as the preparation and filing of accounts and tax returns are dealt with in a timely manner.
Do all Directors need to be full time resident in Gibraltar?
There is no legal requirement to appoint Gibraltar resident directors. However, the residency of the directors may affect the tax residency of the company and therefore is advisable to have discuss with professionals prior to decisions being implemented.