Gibraltar is part of the
European Union and yet within close proximity to Africa. It is a low tax
jurisdiction and is VAT free. It has no capital gains, estate duty, wealth, inheritance,
gift or other capital taxes. Gibraltar has an International airport; excellent
road and sea links into Europe and Africa.
Gibraltar is a popular
financial destination for an eclectic mix of international executives, authors,
sportsmen, corporations, individuals, families and many others, who want to
achieve their financial and business objectives. They understand the importance
of tax and succession planning and protecting their assets from unexpected
events.
Gibraltar is self-governing
through its democratically elected parliament, however, under its Constitution
matters of defence and foreign relations are the responsibility of the United
Kingdom.
The jurisdiction has
established itself as a prosperous financial centre over the last 40 years.
Benefiting from a stable and growing economy and a favourable tax regime, its
political stability, robust commercial and professional infrastructure
contribute to its attractiveness as a financial jurisdiction.
Gibraltar’s client demographic covers all four corners of the globe and their
business and investment interests are likewise spread across the globe, managed
from Gibraltar. The Jurisdiction is able to offer bespoke company and fiduciary
services at competitive professional rates. Gibraltar’s fiduciary companies can
deliver and manage simple or complex corporate and trust structures, on a daily
basis, in virtually any jurisdiction.
Advantages of a Gibraltar
Company:
- No tax on profits; A Gibraltar company conducting
profit-making activity outside
of Gibraltar will not suffer tax on its profits.
- Low tax-rate of 10%. Only profits accrued in or derived from Gibraltar
will attract corporate tax.
- Gibraltar is part of the EU and is subject to EU
directives on banking, insurance and financial services. Gibraltar has
implemented the EU directive on administrative cooperation on tax matters
with all 28 member states.
- The legal system in Gibraltar
is based on English Common Law with some local statute law variations. As part of the
European Union, Gibraltar provides easy access to the EU financial markets
and as such is subject to its directives and regulations.
- Stable financial centre. Gibraltar has a stable
Government and has in place Banking, Insurance and Companies Acts as well
as a Financial Services Act.
- Gibraltar has been listed as a
“White” territory by the OECD since 2009.
- Gibraltar has signed 27 Tax
Information Exchange Agreements with countries around the world, removing any
“tax-haven” stigma.
- Excellent regulation of company
managers.
Trust and Company Managers must be authorised and are regulated by a
supportive Financial Services Commission.
- There is no VAT in Gibraltar; therefore VAT is not an issue
from a Gibraltar tax perspective.
- Quick company incorporations. Companies can be incorporated
within a matter of a few days.
- Easy company administration. Documents can be prepared,
notarised and legalised within Gibraltar itself.
- Low cost. All business costs are
extremely competitive when compared with other Jurisdictions.
- Shareholders may be individuals
or corporate entities. Gibraltar companies are flexible to your needs.
- Company structures can be
private.
A Gibraltar company may dispense with the requirement of Annual General
Meetings of shareholders.
- Stable currencies. The currency is the Pound
Sterling but Euros are widely used.
- Company offices need not be resident in Gibraltar.
- Secure and reliable
communications and travel. Gibraltar has satellite based digital
telecommunications systems, efficient postal service and daily scheduled
airline services.
Europa Trust Company is
based in Gibraltar and over 28 years has built a reputation as a stable and
reputable business.
We provide a comprehensive range of company and trust formation and management
services including company and trust administration, corporate directors,
shareholders and secretaries, accounting, marine registration and other
associated services.
We are licensed and regulated by the Financial Services Commission and ISO
27001 (Information Security Management Systems) and ISO 9001 (Quality
Management Systems) certified.