Tax-effective

A particularly attractive tax environment

Gibraltar offers the following benefits

• Access to EU directives
• No capital gains tax
• No wealth tax
• No inheritance tax/death duties
• No VAT
• No exchange controls
• In most cases, no tax on foreign dividends received in Gibraltar
• No withholdings on dividends paid out of Gibraltar
• No withholdings on interest paid out of Gibraltar
• No stamp duty or transfer tax on the transfer of shares in a Gibraltar company unless it relates to Gibraltar real estate
• Only a nominal amount (£10) of capital tax payable on the creation of authorised share capital or on loan capital and none payable on the issue of share capital
• Only a nominal amount of duty payable on the creation of new shares, so it is possible to establish a well capitalised company for minimal cost
• Often no tax is payable on profits earned outside Gibraltar by Gibraltar companies

‘Passporting’

'Passporting' means that financial services businesses registered in Gibraltar may conduct business in any other EU member state without having to obtain any further licensing. Applying for and obtaining a financial services licence in Gibraltar is fast and efficient, particularly compared with procedures in most other countries.

High Net Worth Individuals resident in Gibraltar

• Maximum tax payable on all income, wherever it is generated, is approximately £20,000
• Individual must meet the requirements, which include having a residence in Gibraltar and having at least £2 million in assets