About Gibraltar

If you are reading this then it is likely that you are considering setting up a business in Gibraltar.

The following points should help you make that decision to invest or conduct business in a jurisdiction of internationally noted quality:

 

  • Distribute competitively priced VAT-free goods and services to the markets of the EU and Africa;
  • Conduct business in a quality low-tax jurisdiction with a profit-oriented capital base at low levels of corporate tax, all in a stable currency with few restrictions in moving capital or repatriating dividends;
  • A legal system modelled on the English structure contributes to making Gibraltar the duly regulated, globally acclaimed jurisdiction it is today;
  • A variety of interesting fiscal products ranging from lucrative funds development and administration to customized financial solutions, ranging from international tax planning strategies to monthly tax-free registered debentures (stable bonds with an attractive non-taxable fixed rate);
  • A high-quality environment for corporate accommodation, with modern services and workspace;
  • A stable political and economic environment;
  • Benefits from EU membership;
  • Enhanced, weather-protected port facilities outside of the European Customs Union make Gibraltar ideal for cruise liners and cargo handling/logistics alike;
  • An international airport with scheduled flights to the UK, in conjunction with proximity to Spanish regional airports at Malaga, Seville and Jerez;
  • One of Europe’s most advanced fibre-optic communications networks, offering quality solutions for businesses;
  • A multi-skilled, suitably qualified workforce with training assistance to update skills as and when needed;
  • A harmonious, multicultural and English-speaking environment, as favoured by most international businesses, providing pivotal access to regional markets in Mediterranean Europe and North Africa (the majority of people in Gibraltar are at least bilingual in English and Spanish);
  • The Common Agricultural Policy, Value Added Tax and the Common Customs Tariff do not apply to Gibraltar since it falls outside the EU Customs Union;
  • Classified as a developing country, Gibraltar is entitled to preferential trade tariffs under the Generalised System of Preferences (GSP);
  • Legislation is in place to encourage High Net Worth Individuals (HNWIs) and High Executives Possessing Specialist Skills (HEPSS) to establish tax residency in Gibraltar, affording them the opportunity to have the tax payable on their income restricted to a capped amount; and
  • Gibraltar relishes from warm summers and mild winters – around 300 days of sunshine – and a high quality of life, with a wide variety of sporting, cultural and entertainment facilities, both in and around Gibraltar (an enviable lifestyle with the professionalism and vibrancy of a modern yet mature location).

In short, whatever your reason for establishing yourself or your business in Gibraltar, the Rock has something for everyone.

The above information was obtained from the Gibraltar Government Website