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STARTING A BUSINESS/COMPANY IN GIBRALTAR

by | Nov 30, 2022 | Gibraltar, Malta structure, Offshore Companies, Uncategorized

  1. Think up an idea.
  2. Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business.
  3. Write a business plan. 
  4. Decide how the business will be funded and what level of funding is required? Can you obtain a government start up loan? Do you need an investor?
  5. Pick your business location – The business if located in Gibraltar will need premises (office/store room) depending on the business activity (unless a premises waiver can be obtained).
  6. Choose a business structure – Can you register as self-employed? A business name? a Limited Company? What are the requirements?
  7. Choose the business name required and check the availability?
  8. Register your business with the company registry (if required), office of fair trading, the employment trading board in addition to the tax office.
  9. What type of bank account do you require? Do you need a retail bank? Do you need to be able to accept card payments?
  10. Who will undertake the company payroll and tax returns?
  11. Who will provide accounting services? What information do you need to hold onto?
  12. What are the tax rates for Gibraltar?

At Octopus we can guide you through the whole process or assist with any of the above. 

 

Contact us on info@octopus.gi or +350 200 77779