Strait Law provides comprehensive legal services in Gibraltar property law, assisting with property transactions, lease agreements, and disputes. Get expert advice and support from our experienced team.
Gibraltar Property Law
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Family Law in Gibraltar
Strait Law offers compassionate and professional legal support for family law matters in Gibraltar. Our experienced team covers divorce, child custody, inheritance, and more. Contact us for expert advice.
Commercial Law for Businesses in Gibraltar
Strait Law provides expert commercial law services to businesses in Gibraltar. From company formation to ongoing legal support, our experienced solicitors are here to help your business thrive.
Civil and Criminal Litigation in Gibraltar
Strait Law offers comprehensive legal support for civil and criminal litigation in Gibraltar. Our experienced team is dedicated to protecting your rights and providing expert representation in all legal matters.
Gibraltar Businesses and Commercial Law
Strait Law offers a wide range of commercial law services tailored to meet the needs of businesses in Gibraltar. Our team of experienced solicitors is dedicated to providing professional legal support to ensure your business operates smoothly and in compliance with local laws.
Legal Support for Civil and Criminal Litigation in Gibraltar
Litigation is a legal process involving the resolution of disputes through the court system. In Gibraltar, civil and criminal litigation encompasses a wide range of legal matters, from personal disputes to serious criminal charges. It is crucial to understand the distinctions between civil and criminal cases and the legal processes involved in each.
Property Law Services in Gibraltar
Strait Law has extensive experience in property law, making us well-equipped to handle a wide range of property matters. Our in-depth knowledge of Gibraltar’s legal landscape ensures that we provide accurate and reliable advice. Our dedicated team of professionals is committed to delivering high-quality legal services to our clients.
Category 2 Status in Gibraltar
In 2024, Gibraltar continues to offer attractive incentives for individuals seeking to relocate under its Category 2 status. This special tax status is designed for high-net-worth individuals, providing favourable tax conditions and enhancing Gibraltar’s appeal as a residential destination. Strait Law provides an expert overview of what Category 2 status entails and the implications for those considering this option.
Strengthened Financial Controls Lead to Removal from High-Risk List
Gibraltar has recently bolstered its position as a global financial hub, following significant enhancements to its financial regulatory framework. In a notable development, the European Commission in February 2024 excised Gibraltar from its roster of high-risk third countries
Buying Property in Gibraltar
Buying property in Gibraltar is a significant decision with many legal and financial considerations. This blog provides insights into the market, outlines the legal framework, and discusses essential steps like financial planning and property valuation, aimed at helping buyers make well-informed decisions
Setting Up a Company in Gibraltar in 2024
A Guide to Setting Up a Company in Gibraltar in 2024
Establishing a company in Gibraltar offers numerous advantages, including a favourable tax regime, a strategic location, and a robust legal system. Strait Law provides a detailed guide for entrepreneurs and businesses looking to set up a company in Gibraltar in 2024.
Advantages of Gibraltar as a Business Location
Gibraltar’s status as a British Overseas Territory ensures political stability and legal transparency. Its low tax rates, absence of capital gains tax, and exemption from VAT make it an attractive jurisdiction for business incorporation.
Types of Companies in Gibraltar
- Private Limited Companies: The most common form for small to medium-sized businesses, offering limited
liability to shareholders. - Public Limited Companies: Suitable for larger enterprises, with shares that can be traded publicly.
- Limited Partnerships and Sole Traders: Options for specific business needs and individual entrepreneurs.
Company Formation Process
- Name Approval and Reservation: Select a unique name for your company, subject to approval by the Gibraltar
Companies Registry. - Registered Office and Agent: Establish a registered office in Gibraltar and appoint a local agent
to facilitate legal processes. - Incorporation Documents: Submit the Memorandum and Articles of Association, detailing the company’s
structure, objectives, and governance rules. - Share Capital and Shareholders: Determine the share capital structure and register the initial shareholders
of the company. - Directors and Company Secretary: Appoint directors to manage the company and a company secretary to
ensure legal and regulatory compliance.
Legal and Regulatory Compliance
Understanding and adhering to Gibraltar’s legal and regulatory framework is crucial. This includes compliance with the Companies Act, tax obligations, employment laws, and industry-specific regulations.
Banking and Financial Arrangements
Opening a corporate bank account in Gibraltar is a straightforward process, essential for managing the company’s financial transactions. Financial planning, including budgeting, tax planning, and financial reporting, is critical for the company’s success.
Ongoing Obligations
Companies in Gibraltar are required to maintain proper accounting records, conduct annual audits (if applicable), and file annual returns with the Companies House Gibraltar. They must also adhere to any changes in corporate legislation and regulatory requirements.
Strait Law’s Corporate Services
Strait Law offers comprehensive services for setting up a company in Gibraltar, including legal advice, incorporation services, and ongoing corporate compliance support. Our expertise ensures that your company is established efficiently and compliantly.
Why Choose Gibraltar and Strait Law for Your Business
Gibraltar provides a strategic and tax-efficient environment for businesses, while Strait Law offers the legal expertise and support necessary for successful company formation and operation.
Contact Strait Law for Company Formation in Gibraltar
If you are considering setting up a company in Gibraltar, Strait Law can guide you through every step of the process. Our knowledge of local business laws and regulatory requirements will ensure that your company is set up correctly and operates smoothly.
For expert assistance with establishing a company in Gibraltar, contact Strait Law at +350 200 66177 or office@straitlaw.gi. Let us help you build a solid foundation for your business in this dynamic jurisdiction.