Limited liability partnership LLPGibraltar
What it takes to form, own and run a limited liability partnership 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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Liability is limited to the money that the partners invested in the business (if any), undrawn profits and any
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The subscribers (no less than two) subscribe their names to a document called an “incorporation document”.
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(a) two or more persons associated for carrying on a lawful business with a view to profit must have subscribed their names to an incorporation document;
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Incorporation of a limited liability partnership £100.00
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For the purposes of taxation, an LLP is a partnership rather than a body corporate. Corporate tax will not
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
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2
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The subscribers (no less than two) subscribe their names to a document called an “incorporation document”.
- A local company secretary
- Does not apply
- A local registered agent
- Not required
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A limited liability partnership shall at all times have a registered office situated in Gibraltar to which communications and notices may be addressed.
Each year, at the registry
- Annual registry fee
- GBP 75 (about €88)
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Lodging of annual return for the current Year £75.00
- Accounts on the public record
- Yes
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An LLP will need to file annual accounts with the Companies Registry under the Limited Liability Partnerships
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Registration with the Income Tax Office
- Not in our records
With Income Tax Office
Not stated on gibraltar.gov.gi/new/corporate when checked
- Annual accounts filed as a company's would be under Part VII of the Companies Act 2014
- Not in our records
With Companies House Gibraltar
Not stated on companieshouse.gi/publications/C0030.pdf when checked
What is public
- Beneficial owners
- Public
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“legal entity” includes limited partnerships, limited liability partnerships and other legal
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
An LLP is taxed as a partnership: corporate tax does not apply; each partner is taxed on his or its share of the income, an individual at personal rates and a company at the company rate.
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For the purposes of taxation, an LLP is a partnership rather than a body corporate. Corporate tax will not
- 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 2014 as applied to limited liability partnerships (declaration of solvency, then a voluntary liquidator appointed by resolution), with the Insolvency Act 2011 applying; the Registrar may also strike an LLP off the register on application where it has no assets or liabilities, after a three-month Gazette notice (s.413 as applied).
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(1) Subject to subregulation (2), the following provisions of the 2011 Act shall apply to limited liability partnerships– Parts 1, 2, 3, 4, 5, 6, 8, 9, 10, 11, 17, 18, 19 and 20 and Schedules 1 and 2.
- 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
- Limited liability partnershipDerived our grouping, the same words in every country
- Name in law
- Limited liability partnership (LLP)
- ISO 20275 code
- GCCTSecondary GLEIF, Entity Legal Forms code list