International entrepreneurs are drawn to register company Gibraltar for a variety of reasons, the first of which being the ease of formation for foreign businesses. According to some figures, the number of registered enterprises in this region has surpassed 70,000, more than double the local population. Atrium-associates help them out.
Benefits of registering a corporation in Gibraltar
Good reputation
Gibraltar is located in Europe and shares many similarities with other contemporary European countries in terms of welfare, security, and way of life. Gibraltar is not a tax haven, although it does provide foreign enterprises with numerous benefits that are typical of an offshore zone. The Gibraltarian administration has worked hard to get Gibraltar on the whitelists of key international anti-money laundering bodies.
Tax advantages
The great majority of non-resident corporations do not pay corporate tax in Gibraltar. If your company is resident, meaning it works in the same location as its incorporation or has a current account with a Gibraltar bank, you will only have to pay 10% corporate tax.
Gibraltar has no value-added tax and zero tax on various positions that are often charged in other European nations.
Favourable corporate legislation
Gibraltarians manage their economic activities and establish their own tax rates based on British common law principles.
As a result, a Gibraltar-registered business may always rely on an independent court to safeguard its interests, and its operations are governed by beneficial corporate legislation, much like in the United Kingdom. However, the company tax rate is much lower than in Britain.
Simple company registration method
The application to register company Gibraltar may be filed online, thus founders do not even need to visit Gibraltar. Atrium-associates will help you out. If you still need to go to the region and hold a Schengen visa, you will not need to get additional authorisation to enter Gibraltar.
A resident corporation, as the name implies, does business at least partially in Gibraltar. To sell your items or give services to local people, you must seek specific permission from the government and locate adequate premises for your firm.
