The Gibraltar Financial Services Commission (GFSC) is issuing this warning to the public regarding Worldwide Incorporation Services (WIS).
Following receipt of an enquiry, the GFSC reviewed statements on a website maintained by this entity in which it claims that it offers “offshore company formation [and] company registration” services in Gibraltar, which constitutes a controlled activity under Schedule 3 of the Financial Services (Investment and Fiduciary Services) Act 1989.
WIS is not regulated, registered or otherwise authorised by the GFSC, nor is an application pending for authorisation, to carry the activities it states in its website. Further checks conducted at the register of companies confirm that it is not a Gibraltar company, nor a name registered under the Business Names Registration Act.
The GFSC therefore urges the public to exercise appropriate caution in respect of WIS.
People are able to verify whether a firm is licensed by the GFSC in Gibraltar, by checking our Regulated Entities section here.
Any persons who are already involved in any dealings with the above entity and have concerns, should contact our Financial Crime team on +350 200 40283 or by selecting Financial Crime on our Contact Us page.