We are proud to announce the launch of CX Pay as the first international merchant payment platform of Curacao. Curacao offers many advantages including a lucrative tax infrastructure of 2% profit tax and 0% dividend tax. As part of our offering we advise clients to operate from or through a Curacao based company or have […]
The Chief Minister of Gibraltar, Fabian Picardo has responded directly to David Miliband who suggested that UK overseas territories and crown dependencies could face being “blacklisted” if he became Prime Minister of the UK. David Miliband, the Leader of the Opposition and Labour Party in the UK, said that he had written a letter to overseas territories and […]
With a view of incentivising individuals to invest in private pension and to encourage the provision of adequate revenues during retirement, the Minister for Finance, Prof. Edward Scicluna recently launched the Third Pillar Pension Scheme, referred to as the Personal Retirement Scheme. This scheme is supplemented by another scheme, namely the Individual Savings Account. Both […]
Europa Trust Company Ltd is pleased to report on the progress being made on the formation of Gibraltar’s new bank called The Gibraltar International Bank. The Government of Gibraltar recently confirmed that the Gibraltar International Bank (GIB) has received approval in principle from the Financial Services Commission (FSC) to its application for a licence. As […]
On 21 August 2014 The Government of Gibraltar published the Perpetuities and Accumulations (Amendment) Bill 2014. The Bill is designed to give effect to anticipated changes to the perpetuity period as well as to abolish a rule against accumulation for all non-charitable trusts. The amendment comes after a long-term consultation between the Gibraltar Government and […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Martin Clapson of Price Bailey Chartered Accountants. Martin has joined IR as our exclusive Business Advisory Services & Fiduciary Services member in England. Martin was elected as Managing Director in June 2013 and oversees Price Bailey’s Management Board, taking responsibility for the strategic […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Christina Appert of Allied Finance. Christina has joined IR as our exclusive Accounting Services, Tax (Accountants) & Fiduciary Services member in Liechtenstein. Christina Appert is a member of the Board of Directors of Allied Finance Trust AG, Vaduz and as Head Office Manager […]
This is a summary of the state of the Gibraltar economy as set out more extensively in the Chief Minister’s full address to Parliament on 30 June 2014 and the budget measures contained therein. The standard rate of tax for individuals is reduced to 20%. The standard rate of tax for Trusts is reduced to 10%. £250,000 Fund […]
A Pre-Budget announcement by the Gibraltar Chief Minister, Fabian Picardo said the Government will be eliminating import and export duties on the sale of art in all forms as from 1 July 2014. Mr Picardo made the announcement ahead of his Budget speech to parliament. The announcement of 0% import and export duties on the sale of art […]
The advantages incorporating or transferring to a Gibraltar company are many. Incorporating a company is a simple process that can create a solid, stable platform for your business and investments. Gibraltar’s client demographic covers all four corners of the globe and their business and investment interests are likewise spread across the globe, and managed from Gibraltar. The […]
The changing face of the BVI The BVI has long been recognised as the ‘go-to’ domicile for the incorporation of offshore companies. There is no question that this can be attributed in large part to the basic tenet of the jurisdiction being tax neutral, highly cost efficient and offering a good degree of privacy […]
A client of ours has been mandated to help in the sale of a number of holiday resorts in Slovenia’s highly prestigious Portoroz region. These holiday resorts are owned by one specific group and the sale of the hotels has been demanded by the banks following the signing of Master Restructuring Agreement between them, according […]
