In order for a struck off company to be restored by the Gibraltar Registry you must.
When all the fees and penalties are paid, the Registrar shall restore the name of the company to the register and upon the restoration the company shall be deemed never to have been struck off.
To proceed you need to sign a declaration and an affidavit, (which we will draft for you) with a Notary Public.
This will be served on the Registrar in Gibraltar, he will then publish a notice for 30 days.
After that period he will give his consent to the restoration of the company, we then have 90 days to file all the outstanding annual returns and accounts.
Once the application to restore the company is filed, we will issue a Direction to Restore the company in which we will outline the conditions imposed, i.e. the documents that need to be filed etc. Within 90 days from that notice the documents listed in the said Direction need to be filed. Upon receipt of the correct documents we will issue the final Direction confirming the reinstatement and the company would be considered “active” as from that date.
Then he will advise us of the fees and penalties, once they are paid then the company will be restored.
Annual Returns: late fee £195
Annual Accounts: late fee £100
Re-instatement fees inclusive of preparation and filing of Annual Returns and preparation and filing of Affidavit. £850, these are solely Companies House charges and do not include any administration costs.
If you wish for us to prepare the Balance Sheets of the company our fee is £180 for preparation of accounts per year.
Once the company is re-instated we would need to apply to the Income Tax Authorities in order to obtain the Tax Identification Number for the company. The fee for this is £320
We will need in due course the following documentation/information on both Directors:
However in order to expedite matters we will accept scanned copies on the basis that all original copies follow in a timely manner.
The cost can be broken down as follows:
Registry Costs and Fines
Please be advised that there may also exist the need for the Company to obtain a new Business Licence which would be charged separately, around £150.
Disbursements or Expenses:
When a Gibraltar company is restored, the previous Directors, Company Secretary, Shareholders and Registered Office are automatically assumed to have continued.
A Gibraltar company can only be restored by the registered agent on record, or the agent must be changed to a new agent undertaking the company restoration, which we will organise.