AIX will take responsibility for
Incorporation is the legal process used to form a Company, which is a legal entity separate from its owners, with its own rights and obligations. A limited liability Company with share capital is the most widely used legal vehicle for business in Gibraltar.
Incorporation provides many advantages for a business and its owners: protection from personal liability for business debts, improved access to financing for business activities, simple transfer of business ownership through the transfer of shares and potential for tax planning through access to lower corporation tax rates and international tax treaties.
The legal procedures for formation and organisation may differ from jurisdiction to jurisdiction, but most have certain elements in common.
The ‘Articles of Incorporation’ which set out the primary purpose of the company, give the name and registered address, and, if appropriate, the number of shares and classes of shares that are to be issued. Incorporation also involves some jurisdiction-specific aspects.
It is essential to receive advice on:
- The type of company best suited to your purpose
- Arranging the ownership of the company
- Relevant Business licences and registrations, if appropriate
- Administering the company correctly
- Managing its Annual and other filing obligations
Every case is different and expertise is required to ensure that the process is effective and fully compliant. Failure to structure and manage a company correctly could mean that the intended objectives and benefits cannot be achieved.
With over three decades of experience handling corporate and commercial matters, we can assist our clients to form new corporate structures and to reorganise existing structures.
AIX also provides the necessary expertise to administer and manage companies correctly, including proficiency in company law, board procedures, director’s responsibilities and shareholder relations, as well as financial legal and regulatory compliance requirements.