- Joined
- Jun 2018
- Messages
- 468
The main issue here is that if you create an offshore company and you are a UK resident and a Director and hold the shares in the Gibraltar Company, the company will be classed as a Controlled Foreign Company (CFC) and the profits of the company will be taxable in the UK. The use of Nominee officers is insufficient to avoid this situation as you 'control' the nominee and are the UBO. It is certainly possible for a Gibraltar Company to open an EMI or banking internationally.

