Re-Domiciliations

Re-Domiciliations

Re-Domiciliations Of Companies In Gibraltar

Territories From Which Companies May Be Re-Domiciled To Gibraltar

At present the only states from which a Company may be Re-Domiciled in Gibraltar are those appearing below:

Members of the European Economic Area
British Crown Colonies/Dependent Territories
Members of the British Commonwealth
Liberia
Panama
Singapore

However, the trend has been for an increasing number of countries worldwide to introduce procedures for the Re-Domiciliation based on reciprocity. As a result, not all of the territories falling into the categories listed above will, in practice, accept the Re-Domiciliation of their companies to Gibraltar without there being a reciprocal measure entered on the Gibraltar legislation.

At present, therefore, every application for Re-Domiciliation by a Company to Gibraltar has to be assessed on a case by case basis until such time as the proposed amendments to the Gibraltar legislation have been formally embraced. Examples of such territories requiring reciprocity are the following:

Some EU countries
USA
Canada
Switzerland
Bermuda
British South Atlantic Overseas Territories
Bahamas

Requirements

  1. An original Special Resolution signed by all the members of the Company seeking Re-Domiciliation, stating the wish that their company become Re-Domiciled in Gibraltar.
  2. The original Certificate of Incorporation of the Company as well as the original Certificate stating the change of name of the Company (if applicable).
  3. A copy of the Memorandum & Articles of Association of the Company.
  4. A Certificate of Good Standing in respect of the Company issued by the Registrar in its country of incorporation.
  5. Evidence that no proceedings for insolvency have been commenced against the Company in its country of incorporation (e.g. as confirmed by the Certificate of Good Standing).
  6. A copy of the Company’s last Annual Return as filed with the Registry in its country of incorporation (if applicable).

Conditions

  1. The name of the company seeking Re-Domiciliation in Gibraltar must be available on the Gibraltar Companies Register, and must comply with the conditions governing “controlled words” in the title of companies seeking registration on the Gibraltar Companies Register.
  2. If by a date six months after the date of the Company’s Re-Domiciliation, it has not satisfied the Gibraltar Registrar that it has ceased to be registered in its country of incorporation, the Gibraltar Registrar shall move to strike the company off the Gibraltar Companies Register.

Costs

In order to secure the registration of a vessel in the name of a Gibraltar company, we would require you to supply us with the following:

FORM-A-CO (GIBRALTAR) LIMITED will apply to following costs for the Re-Domiciliation of a Company to Gibraltar (Inclusive of Gibraltar Companies Registry fees) – GBP £1000.

FORM-A-CO (GIBRALTAR) LIMITED will also apply a minimum First Year’s Domiciliation charge of GBP £725 which will become due and payable at the same time as the Re-Domiciliation fee.

This amounts to a total cost of GBP £1725 for the Re-Domiciliation of a Company to Gibraltar inclusive of FORM-A-CO’s First year’s Domiciliation charge to include the filing of the Company’s first Annual Return in Gibraltar.

Contact

  • Suite 4, 2nd Floor The West Wing Montarik House 3 Bedlam Court Gibraltar GX111AA
  • formaco@formaco.gi
Jonathan's Bio

Summary

FORM-A-CO (GIBRALTAR) LIMITED was founded in 1989 to conduct the business of Company Formation and administration and all ancillary services. Jonathan’s role from the outset was to serve as the firm’s Manager, creating its product line and devising its services. Since that date, Jonathan has overseen the evolution of the business as the firm’s Managing Director to incorporate Trust and Marine administration into its range of products, and steering it through the various compliance and regulatory challenges arising from the application of Financial Services Regulation in Gibraltar as from 1993, with the establishment of the Financial Services Commission itself.To this day, Jonathan’s role is to oversee the management of the firm’s Company Formation and Trust Administration services (through FORM-A-TRUST (GIBRALTAR) LIMITED), and the incorporation of small businesses in Gibraltar to service the local economy, whilst retaining executive responsibility for all compliance and regulatory led initiatives for the firm. 

Experience 
  • Over 31 years working in Gibraltar’s Financial Services industry as Managing Director of a firm which is duly licensed by the Financial Services Commission to conduct Company Management and Trust Administration services. 
  • Registered with the Supreme Court to serve as a Commissioner for Oaths in Gibraltar. 
  • Licensed by the Financial Services Commission to provide Directorship services as an approved individual. 
  • Approved by the Financial Services Commission to serve as an EIF (Experienced Investor Fund) Director. 
  • Member of the Gibraltar Advisory Board of TFO Tax Strategies Limited – a Manchester-based business dedicated to wealth management and tax planning structures.
Charle's Bio

Summary

Charles joined FORM-A-CO (GIBRALTAR) LIMITED in 2012 after 30 years in the banking sector. He was responsible for the creation and development of Trust businesses at  Lloyds TSB  Bank Plc  and at SG Hambros  Bank & Trust. 

Charles is a Director of FORM-A-CO (GIBRALTAR) LIMITED with particular responsibility for  the  Trust Administration services (through FORM-A-TRUST (GIBRALTAR) LIMITED) as well as client relationships.

Charles brings an array  of skills and experience to the business and holds appointments in listed Companies.