Private limited company (company limited by shares) LimitedGibraltar
What it takes to form, own and run a private limited company in Gibraltar, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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The liabilities of a company are distinct from those of its shareholders.
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Any one or more persons associated for a lawful purpose may, by subscribing their
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a private company in which case the company must have one director
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A public limited company may not commence business unless the nominal value of the company’s allotted share capital is not less than the authorised minimum.
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A registration fee of £100 and £10 stamp duty are payable at the time of presentation of the documents.
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then again to 15% with effect from 1st July 2024. Utility companies or companies enjoying a dominant market position continue to be liable at a higher rate of 20%.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Not stated
The registry’s and the law’s own pages do not mention it.
- Paying up the capital
- No minimum proportion of the nominal value has to be paid up on a private company's shares: the statement of capital simply states the amount to be paid up and any amount unpaid on each share (s.10(2)(d)); the one-quarter paid-up rule is stated for public companies only (s.89).
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A public company may not allot a share except as paid up at least as to one-quarter of its nominal value and the whole of any premium on it.
Own it
Who may own and run it
- Directors
- At least 1 · a company may be one
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a private company in which case the company must have one director
- Shareholders
- At least 1
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Any one or more persons associated for a lawful purpose may, by subscribing their
- Members
- At least 1 · one person may form it alone
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Any one or more persons associated for a lawful purpose may, by subscribing their
- A local company secretary
- Required
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It is important to note that a sole director may not also be the secretary.
- A local registered agent
- Not required
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Every company incorporated under the Companies Act must have a registered office address in Gibraltar.
Each year, at the registry
- Annual registry fee
- GBP 103 (about €121)
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Lodging of Annual Return in time (within 30 days from the date of the Annual
- Accounts on the public record
- Small exempt
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Micro and small companies — are required to file an abridged balance sheet only.
- Audit for a small company
- Not required
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the requirements of this Chapter relating to the appointment of auditors and the audit
- Audit
- All limited companies must appoint auditors and have their accounts audited except small companies that qualify for the exemptions specified in the Companies Act.
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All limited companies must appoint auditors and have their accounts audited
Important dates
When each obligation falls due, as the authority states it.
- Registration for corporate tax is automatic on registration at Companies House
- Not in our records
With https://www.companieshouse.gi
Not stated on gibraltar.gov.gi/new/corporate when checked
- Annual return
- Not in our records
With Companies House Gibraltar
Not stated on companieshouse.gi/publications/C0019.pdf when checked
- Annual accounts, with the directors' report
- 12 months after the end of the accounting period
With Companies House Gibraltar
- Particulars of directors and secretary, and any change
- 14 days after change of officers
With Companies House Gibraltar
- Notice of the situation of the registered office, and of any change
- 30 days after change of registered office
With Companies House Gibraltar
What is public
- Directors
- Public
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register shall also be open to the inspection of any other person on payment of the prescribed
- Shareholders
- Public
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register shall also be open to the inspection of any other person on payment of the prescribed
- Beneficial owners
- Public
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register shall also be open to the inspection of any other person on payment of the prescribed
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 15%
Corporation tax at 15% from 1 July 2024; utility companies and companies with a dominant market position 20%.
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then again to 15% with effect from 1st July 2024. Utility companies or companies enjoying a dominant market position continue to be liable at a higher rate of 20%.
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in Gibraltar
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Voluntary liquidation under Part X of the Companies Act (solvent company, declaration of solvency, special resolution notified to the Registrar within 30 days); the Registrar may also strike off a company that has filed no annual return for three calendar years.
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Notice to the Registrar of the Special Resolution to wind up (within 30 days of resolution
- Statutory fee
- Not in our records
Every business in Gibraltar
VAT
- VAT or sales tax
- None levied
Gibraltar charges no VAT, GST or sales tax. The Income Tax Office's published list of taxes comprises company tax, the gross income based tax, income tax, PAYE and tax arrears, and its business guidance covers income tax and PAYE registration only; HM Customs page sets out import duty and duty-free allowances as the charge on goods entering Gibraltar. A business therefore has no consumption-tax registration, rate or return. No Gibraltar government page states expressly that no VAT is levied; this answer rests on the authority's own list of its taxes, which contains none.
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Income Tax ITO.11 Breakdown of amount of Income Tax collected in the financial year paid by individuals and other collections and refunds (updated 16/10/2025 12:15) PAYE PAYE ITO.6 Amount of PAYE tax collected per month
Payment and banking services
3 services name Gibraltar on their own list: Paysera, Airwallex, Stripe. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Private limited company (company limited by shares) (Limited)
- ISO 20275 code
- WBKHSecondary GLEIF, Entity Legal Forms code list