Types of Companies in Gibraltar

This video is brought to you by our experts in company formation in Gibraltar

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Legal Entities Available for Incorporation in Gibraltar >>

• Several types of companies are available in Gibraltar for registration.

• The most popular structures in Gibraltar are the partnerships and the companies (sole proprietorships, limited by shares, limited by guarantees and public companies).

• Our local company formation experts can help you choose the right type of company for your business objectives.

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>> Legal Entities Available for Incorporation in Gibraltar

• There are several types of companies available for registration in Gibraltar:

General partnership;

Limited partnership;

Private limited liability company;

Public limited liability company;

Sole proprietorships;

Protected cell companies, etc.

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General Partnership in Gibraltar >>

• The general partnership in Gibraltar is created by partners equally responsible for the business’ liabilities with their own assets.

• The maximum number of partners in a Gibraltar’s partnership cannot exceed 25 natural persons or corporate bodies (not applicable to professional firms).

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• Even though annual accounts must be submitted to the Commissioner of Income Tax, the general partners are not obliged to fill agreements and financial accounts.

• If you need assistance in order to set up a general partnership in Gibraltar, our local company formation specialists can help you.

>> General Partnership in Gibraltar

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Limited Partnership in Gibraltar

• The limited partnership in Gibraltar is formed by at least one general partner and a silent partner.

• The general partner is fully liable for the company’s debts, while the silent partner is liable only in extend of his contributions.

• The major difference between the two types of partners is that the silent partner doesn’t have decisional powers.

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Private Limited Liability Company in Gibraltar

• The private limited liability company in Gibraltar may be limited by shares or by guarantees.

• The companies limited by shares have the capital divided into non transferable shares and the responsibility for the company’s obligations depends on the contribution to the capital.

• The maximum number of shareholders in such a company is 50 and the minimum is two.

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Public Limited Liability Company in Gibraltar

• The public limited liability companies in Gibraltar are founded by an unlimited number of shareholders.

• As a particularity, a minimum share capital has to be deposited at incorporation, with the total amount of 20,500 GIP.

• If you want to set up a public limited liability company in this country, our local company formation experts are at your disposal.

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Sole Proprietorships in Gibraltar

• Single entrepreneurs in Gibraltar are allowed to open sole proprietorships where the liability is taken by the founder in totality.

• There is an obligation to register this structure with the Registrar of Companies just like any other legal entity.

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Protected Cell Companies in Gibraltar

• Another special form that a company may take in Gibraltar is the protected cell company.

• This type of company is creating different cells with the role of separation and protection of cellular assets.

• In this type of legal entity, the investors’ rights are limited by the goods of the cell where they’ve invested.

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Company Formation Services in Gibraltar

• Our team of company formation experts in Gibraltar can help you choose the most suited type of company for your business needs.

• For more details about the types of companies a foreign investor can set up in Gibraltar, you may contact our specialists in company formation.

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Thank you for your attention!

• Please contact us for more information at:

  (+44)203-287 0408

office@bridgewest.eu

www.companyformationgibraltar.com