Gibraltar

Modern Gibraltar is a territory in the south of the Iberian Peninsula. The country has a fairly good geographical location, both in trade, economic and military-strategic terms. Therefore, the territory of Gibraltar is used as a NATO naval base. Being part of the UK, the state is a member of the EU. However, due to the special status of Gibraltar, it is not subject to a number of requirements of the European Union, among which the absence of VAT should be especially noted.

Advantages

The specific status of Gibraltar allows it to be equated with offshore jurisdictions. Therefore, opening a company in the territory of this country allows you to take advantage of the following important advantages:

Liberation
Great interest of the state in attracting foreign assets, expressed in the provision of social benefits.
Loyal legislation based on the basic requirements of the EU. Offshore companies in Gibraltar are governed by the Companies Ordinance, which was last updated in 1996.

Another important advantage of opening companies in Gibraltar is quite acceptable requirements for their structure. In this regard, the following conditions look especially promising:

No restrictions on founders regarding their citizenship.
Allowing only one director and one shareholder.
Permissibility of matching the identity of the owner and beneficiary of the company.

Corporate law of Gibraltar

Gibraltar Companies Ordinance CAP 30 Download

Amendment Gibraltar Companies Ordinance CAP 30 Download

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