Non-Resident Company
A Non-Resident Company is a business entity registered in a jurisdiction but managed and controlled from outside of it. In Gibraltar, Non-Resident Companies are not considered tax-resident as long as their management and control occur outside the territory, and their income is derived solely from activities outside Gibraltar.
Key features of a Non-Resident Company in Gibraltar include:
Tax Advantages: Such companies are typically exempt from Gibraltar’s corporate tax on income earned outside the jurisdiction.
Anonymity: Non-Resident Companies often provide privacy to beneficial owners through the use of Nominee Services or offshore structures.
Compliance Requirements: These companies must maintain a Registered Office in Gibraltar and comply with basic statutory requirements like filing annual returns.
Non-Resident Companies are popular for international trading, holding assets, or managing investments. However, it’s important to ensure compliance with international tax laws and avoid being labelled as a tax evasion vehicle. Professional advice is crucial to optimise the benefits while staying compliant with local and international regulations.
