Business licence renewal in Gibraltar
Renewing a business licence in Gibraltar involves ensuring that all corporate filings and regulatory requirements are up to date before submitting a renewal application to the Office of Fair Trading. The process generally requires confirmation that the business entity remains in good standing and that all mandatory annual fees have been settled.
Applicants are typically advised to initiate the renewal process at least 30 days before the current licence expires. This allows sufficient buffer for administrative processing and ensures that any potential queries regarding the business structure or compliance can be addressed without an interruption in legal operating status.
Start 30 days ahead
Processing times depend on the volume of applications and the complexity of the business activities being licensed.
The process
- 1Verify the current expiry date of the business licence held by the entity.
- 2Ensure the company remains in good standing with the Companies House if applicable.
- 3Obtain and complete the relevant renewal application form provided by the Office of Fair Trading.
- 4Submit the application alongside any required supporting documentation and evidence of payment.
- 5Collect the renewed licence once the Office of Fair Trading provides notification of approval.
What to bring
- The expiring business licence document
- Evidence of payment of the renewal fee
- Current company registration details
- Proof of professional indemnity insurance, if applicable to the business sector
Who handles it
Office of Fair Trading (OFT)
Fees vary based on the nature of the business and the specific licence type; check the official fee schedule on the Office of Fair Trading website for the current rates.
What commonly goes wrong
- Ensure all contact details on file are current to receive renewal notifications.
- Verify that the business address listed on the licence matches the physical location where trade is conducted.
- Confirm that all necessary amendments to the business structure have been registered prior to renewal.
Sources
This guide is based on one official source.
Other documents in Gibraltar
Business licence renewal in other countries
Often renewed together
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