Why Gibraltar is
An Advantageous Option
For Your Company!
Gibraltar is famous for its dramatic rock. It is located in a strategic position at the southern end of the Iberian Peninsula. It overlooks the Straits of Gibraltar and is linked to Spain by a narrow peninsular.
In terms of its political structure, Gibraltar is a British Dependent Territory and is a Crown Colony with internal self-government based on a Constitution of 1969. It has its own elected House of Assembly, which legislates on domestic matters. The United Kingdom is responsible for defense, foreign affairs, financial stability and internal security. Gibraltar became part of the European Community in 1973 and enjoys special status within the Community and is exempted from the Common Customs Tariff, the Common Agricultural Policy and Value-Added Taxation.
Advantages of Gibraltar
Gibraltar company formation is currently very popular, mainly because of its territorial-scope taxation regime.
Gibraltar non-resident company is not taxable in Gibraltar. It is a company, which is incorporated in Gibraltar, owned by non-residents and controlled by directors who reside and hold board meetings outside Gibraltar.
Non-resident company is another offshore business form which escapes taxation on foreign income.
Together with the highly reputable British Isles of Jersey, Guernsey and the Isle of Man, the crown colony of Gibraltar belongs to High Disclosure Offshore Centres which provide for greater legal certainty. It is the only British offshore centre that is part of the European Union. It is the only British offshore centre that can and will increasingly be able to provide financial institutions with passporting rights and access to the single European market for financial services.
What makes Gibraltar attractive to conduct offshore business
- Good geographical location and bilingual (English and Spanish) territory
- Cost effectiveness and attractive fiscal regime for offshore investors
- Excellent reputation, stable government and special status within the European Union.
- Excellent infrastructure and communications.
- Favorable tax status for offshore banks.
- No exchange controls.
In addition to the opportunities arising from Gibraltar’s status in the EU, it is also a jurisdiction that offers a specific exclusion form the EU requirement to levy VAT, and regulatory standards matching the EU and UK but retaining the flexibility of a small jurisdiction. All these factors make Gibraltar unique in many respects, and all of them are able to attract offshore investors.
How TBA can Help You
Should you wish to register or consider Gibraltar as the jurisdiction where to register your International Business Company, our Business Development Team will be ready and available to guide you all you’re your analysis and decision process.
Our experts will provide you all relevant information about Gibraltar Advantages and Pricing.