How to incorporate company in Gibraltar?
Before you choose to incorporate company in Gibraltar, Tetra Consultants advises you to read through this guide to fully understand the steps required for successful incorporation.
Simply put, we can break down each engagement into three different phases:
- Planning & strategy
- Incorporation & bank account opening
- Staying compliant
By systematically following the above three phases, you can expect to start conducting business with your Gibraltar company within 5 weeks.
Planning & strategy
- Depending on your business goals and activities, Tetra Consultants will recommend the most suitable business entity. Prior to incorporating a company in Gibraltar, you will be advised on the optimum paid up share capital, corporate structure and whether there is a need to apply for any licenses.
- Tetra Consultants reserves your preferred company name with the Gibraltar Companies House. You will be provided with a local registered office address and company secretary. These are mandatory requirements before the government can approve company registration.
- The company secretary will serve as the contact person between you and the Gibraltar government.
- Tetra Consultants will draft the incorporation documents including articles of association, business plan and shareholding structure. Once confirmed, we will submit the same to the Gibraltar Companies House.
Incorporation & bank account opening
- On average, the company will be successfully registered within 5 business days. Upon successful incorporation, Tetra Consultants will immediately courier the corporate documents to you.
- Some examples of these documents include the Certificate of Incorporation, Memorandum & Articles of Association and Register of Directors and Shareholders.
- Simultaneously, Tetra Consultants will proceed to open a corporate bank account for your newly-incorporated company. You can enjoy leveraging on our extensive banking network and receive your bank account numbers within 4 weeks.
- Tetra Consultants will contact multiple reputable international or Gibraltar banks and present your business to each relationship manager and compliance team. Our tax team will advise on the corporate tax rate that your company will face, depending on which jurisdiction you decide to open your corporate bank account.
- Depending on the intended business activity and nationalities of shareholders, Gibraltar or international banks may conduct enhanced due diligence. The bank officer may revert asking for additional supporting documents or business proofs.
- In the event of this happening, Tetra Consultants will communicate effectively with all parties and ensure the additional documents are prepared immediately.
- In most cases, Gibraltar banks will not require you to travel for corporate bank account opening. If travel is required, Tetra Consultants will negotiate for waiver on your behalf.
- On average, the corporate bank account will be opened within 4 weeks after Gibraltar company incorporation. Tetra Consultants will courier the internet banking token and access codes to your preferred addresses.
Staying compliant
- You can be confident you are in the best hands when Tetra Consultants undertakes your Gibraltar company’s accounting and tax services.
- Tetra Consultants will timely prepare your firm’s financial statements, corporate tax returns and bookkeeping on your behalf.
- Tetra Consultants will complete all annual filings and tax returns for your company before the stipulated deadlines set out by the government.
- If you plan to work in Gibraltar, Tetra Consultants will secure a work permit for you.
Contact us to find out more about how to incorporate company in Gibraltar. Our team of experts will assist you through the entire process of Gibraltar company registration and revert within the next 24 hours.
FAQ
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