An Advantageous Jurisdiction
to register your Business Company
Gibraltar maintains a status as a safe and stable global financial centre.
It enjoys easy access to the EU, UK and other international markets.
Gibraltar is an excellent jurisdiction for company incorporations.
Why set-up a company in Gibraltar?
Gibraltar’s diversified and stable economy continues to be strong in the principal sectors of yachting, financial services, tourism, E-gaming, DLT, and ship refueling. It has developed a good international reputation by being listed as a “white” territory by the OECD since 2009, removing any “tax haven” suggestions.
Gibraltar’s fiduciary companies deliver and manage simple and complex corporate structures, on a daily basis in virtually any jurisdiction. There is no capital gains tax, wealth tax or estate duty in Gibraltar. There is also no Value Added Tax (VAT). Therefore, VAT is not an issue from a Gibraltar tax perspective. Gibraltar companies conducting profit-making activity outside of Gibraltar will also not suffer tax on profits.
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.