Gibraltar is a self-governing British colony since 1713. It's peninsula with approximately 3 square miles situated at the southernmost tip of Spain. The population is approximately 30,000. Most local residents are bilingual in English and Spanish although the official language is English.
Gibraltar under Article 227(4) of the EEC Treaty is within the European Union as a UK colony in Europe. However, Article 28 of the 1971 UK Accession Treaty relieves Gibraltar from the common customs tariff, the common agricultural policy and the harmonization of turnover taxes, in particular VAT.
Gibraltar is a member of the European Economic Area (EEA). This status makes it an integral part of the Single European Market for services, including financial services.
While Gibraltar is a separate jurisdiction from the United Kingdom, the other EU and EEA Member States treat the United Kingdom and Gibraltar are one and the same Member State.
The best offshore tool in Gibraltar: Gibrlatar Non-Resident Controlled Company.
This type of company is most often referred to as simply "Gibraltar Non-Resident Company"
Outstanding features:
Corporate tax on offshore income: NIL
Tax on dividends and interest paid to non-residents: NIL
Tax on dividends paid to another Gibraltar Company: NIL
Minimum number of directors: ONE
Minimum number of shareholders: ONE
Company secretary required: OPTIONAL
Local or qualified company secretary required: NO
Beneficial Owners: must be NON RESIDENT in Gibraltar
Geographical restrictions on the company business: must be OUTSIDE GIBRALTAR
Filing of directors and/or shareholders' names and personal information with government agencies in Gibraltar: REQUIRED
Overseas meetings of directors and/or shareholders allowed: YES
Annual return filing: REQUIRED
Filing of financial statements and/or accounts with government agencies in Gibraltar: REQUIRED
Bearer Shares available: NO
Standard authorized capital: 2,000 ORDINARY SHARES One Sterling Pound each
Public access to the company accounts and information about directors and shareholders: YES
