Buy a tax-free company in Gibraltar: what you need to know
Buying a tax-free company in Gibraltar is an ideal option for businesspeople who want to enter the international market. If you do not work in the jurisdiction, you can not pay corporate tax on dividends, capital gains, VAT. All the owner has to do is regularly pay the annual fee, registration fees.
Advantages of an offshore in Gibraltar
Gibraltar is a reliable jurisdiction that is trusted by international partners. Advantages for offshore include:
- No taxes if certain conditions are met;
- Fast internet;
- Prospects for gambling, banking;
- Some banks cooperate with cryptocurrency businesses, which opens up great opportunities for crypto-businesses;
- Official English;
- Close ties to the European Union and the UK;
- Nominee directors are allowed if you want to keep incognito (information about the owners, shareholders in the public domain).
What is important to know about taxes
The company may not pay taxes if it meets the following conditions:
- operates outside Gibraltar;
- is not owned by local residents;
- the directors live in another country;
- meetings take place outside Gibraltar.
Why buy a company in Gibraltar
Buying an offshore company in Gibraltar saves time that goes into registration (about a week), collecting documents. Among the advantages of a ready-made business is also its age. A company with a history, even if it has not worked, always looks preferable for investors, customers. An enterprise that has been in the market for a long time is easier and faster to get a bank loan.
How to choose a company
You can buy in Gibraltar:
- A shelf company. It has been incorporated, formalized, but not in operation. This means that the company has a clean history, no debts. The older it is, the more expensive it is;
- A working company. It is important to carefully analyze the company, to determine whether there are no debts, no black history, what are the prospects. Contact our experts - and we will help you buy a profitable firm.
Enterprises that offers IT-OFFSHORE, focused on different types of businesses, can operate anywhere in the world, have a clean history. We can provide you with all necessary documents and open a bank account.
How to buy a ready-made company
Buying a tax-free company in Gibraltar 2022 is as follows:
- We select companies, show you the options, you decide on your choice, and then we reserve the company for you;
- You provide us with a certified copy of your passport, residency information;
- We draw up a contract of sale, we register the company in your name, we provide you with a package of documents, we register a new director and a secretary.
Changes after the deal is done
After the transaction you can make the necessary changes to the Articles of Association, including:
- change the name of the company;
- change the business purpose (line of business);
- specify a new registered address;
- change the composition of the board;
- specify a new amount of registered capital.
All changes to the articles of association must be notified to the Registrar of Companies.
How to buy an offshore in Gibraltar
If you are considering buying a business in Gibraltar, contact IT-OFFSHORE consultants.