Schmidt & Schmidt offers financial statements from Gibraltar in electronic form and their translations.
According to law, some commercial companies in Gibraltar must submit annual financial statements. These data are reported in electronic form or in paper. Depending on the company’s revenue, balance and number of employees the law requires different amounts of data to be published.
Reporting of financial statements in Gibraltar is subject to the Companies Act and other regulations.
Accounting system in Gibraltar is similar to the British one, but has some local specifics.
A part of the companies files their financial statements to the trade register which is kept by the Companies House (Gibraltar) Limited. Besides, all companies file tax returns to fiscal authorities.
Filing of financial statements is mandatory for:
- Limited liability companies
- Joint-stock companies
Large companies (with a revenue over 36 million GIP, balance over 18 million GIP and number of employees over 250) compile full financial statements.
Medium-sized companies (with a revenue from 10.2 to 36 million GIP, balance from 5.1 and 18 million GIP and number of employees from 50 to 250) compile full financial statements with a simplified profit and loss report.
Small and micro-sized companies must file a simplified balance sheet only.
Annual financial statement includes:
- Balance sheet
- Profit and loss report
- Directors’ report
Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise.
Depending on the size of the enterprise, its financial statement can contain up to several hundred pages.
Financial statements are provided by Companies House (Gibraltar) Limited.
Financial statements are partially public, but are provided for a fee upon personal or written request to Companies House (Gibraltar) Limited. Information on certain categories of companies cannot be provided.
Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts.
To obtain financial statements of a specific company, its full name is required.
Financial statements collected by the “Company information service” are public. However, they are provided for a fee.
Financial statements are provided in accordance with the legislation of Gibraltar and legal requirements on personal data protection.
On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for a financial statement from Gibraltar||ab 71,40 €||ab 60,00 €|
|Price for the translation of a financial statement from Gibraltar||ab 41,65 €||ab 35,00 €|