A non-resident company is a company in Gibraltar that the local tax authorities do not consider to be taxable. How to determine if a company is not a Gibraltar tax resident? The beneficiary of the company is non-resident of Gibraltar;The directors and shareholders are non-residents or professional licensed corporate directors and / or Nominee Shareholders; the company operates only outside of Gibraltar, it does not have a physical operations office in the jurisdiction and has no income in this territory. By fulfilling these requirements, the company is exempted from having to pay corporate tax. Also in Gibraltar there is no VAT (VAT); Dividends in favor of another Gibraltar company are not taxed; no taxes when paying dividends and interest in favor of a non-resident; there is also no capital gains tax and inheritance tax. It is important to consider that when registering a non-resident company in Gibraltar, the data of the directors and shareholders fall into the register of companies.
It is allowed to use the services of a nominee service. The registrar is required by law to know exactly who the true beneficiary is. If the person registering the company tries to hide the true owner, then he will be denied the nomination. A company in Gibraltar must have a minimum of 1 director and 1 shareholder, which can be both individuals and corporate. Gibraltar must have a registered office, seal, statutory books, and secretary. The company needs to keep records (Balance Sheet), which is signed by the director. At the same time, there is no requirement to audit these reports. A non-resident company in Gibraltar is ideal for holding, managing real estate, doing business over the Internet, etc.
More information here - https://en.wikipedia.org/wiki/Gibraltar
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