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
www.companyformationgibraltar.com
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