Doing Business in Gibraltar

THE FINANCE CENTRE

Gibraltar has become one of the most regulated and respected international finance centres in Europe. Many Private Banking, Asset Management, Taxation and Fiscal Management companies have made Gibraltar their home or have decided to place representative offices on the Rock.  For further information visit: 

www.Gibraltar.gov.gi  


For a fast and efficient introduction into Gibraltar daily business life, there is a full and active Chamber of Commerce with a pro-active management approach, dealing with and sorting out all issues affecting business in Gibraltar on a day to day basis.

info@gibraltarchamberofcommerce.com  

BUSINESS TAXATION

Although the Rock’s financial regulatory system- applauded recently by both the IMF and the US Revenue department- is tougher than those of many European Union member states. It is applied with a light touch and is designed to protect investors’ interests rather than interfere with their affairs.

As home to several internationally recognised experts on personal and corporate tax structuring, top quality advice on investment and tax matters is easily accessible to residents and, thanks to the Rock’s VAT–free regime, is considerably less costly than in Britain or other jurisdictions. Similarly Gibraltar offers a wide choice of chartered accountants and business advisors, with several international firms maintaining substantial local presence.

Apart from High Net Worth Residency tax incentives, there are also special low tax schemes for executives wishing to set up on the Rock. There is a current restructuring of corporate taxes which when implemented will provide a very attractive low tax climate for local and international businesses on the Rock . Gibraltar has no capital gains tax, gift tax or wealth tax.

For further information on taxation, please refer to a tax professional or qualified accountant with offices in Gibraltar, e.g. 

www.deloitte-touche.com  
www.grantthornton.com   
 

ONLINE GAMING INDUSTRY

Even the most casual observer cannot miss the huge impact that this industry has had on the Gibraltar economy. Gibraltar is now host to some of the largest online gaming operators in the world.

THE CORDOBA AGREEMENT

In a new spirit of co-operation and reconciliation between Gibraltar and Spain, this landmark agreement, signed in 2006, between Gibraltar, UK and Spain is highly significant. It gives concessions to Spain on the use of Gibraltar international airport in return for relaxation of other customs, immigration and border controls while securing Gibraltar's future.