What is the required authorized capital for a Gibraltar Company?
Gibraltar has no minimum or maximum authorized capital, however, a capital duty of 0.5% is charged per year starting from incorporation on the authorized capital chosen. The usual authorized capital is £ 2,000. You don’t have to pay in the authorized capital at incorporation or to open an offshore bank. There is no time limit on when to pay the capital. Back to top • What is the currency used in Gibraltar? The official currency of Gibraltar is the Gibraltar Pound. The US Dollar and the British Pound are also commonly used including for declaring the authorized capital. The Gibraltar Pound and the British Pound are equal in value. Back to top • If circumstiances change and I change my mind about the offshore company, can I get at least a partial refund? Once the incorporation form has been completed and the company paid for no refund is possible. These funds would have already been used for the incorporation fees and other services provided. Back to top Back to top • When are annual ren