Gibraltar has developed and adopted progressive and innovative legislation to enable continued growth as an offshore finance centre.

As a self-governing UK British Overseas Territory, Gibraltar is part of the European Union and has successfully transposed all EU directives into Gibraltar legislation. However it is because of the relationship with Britain that Gibraltar is also treated, in fiscal matters, as a separate and distinct financial jurisdiction within Europe, as it is not part of the European Customs Vision.

Gibraltar has a well regulated and well-developed infrastructure and is thus able to support the finance industry in its continuous development of both tax-efficient and tax-transparent structures for both corporate and individual clients.

Geographically, Gibraltar is in an ideal location for setting up an offshore company or group as it is in the Central European time zone and is within easy reach of all European capitals by air, via Madrid or London.

For high net-worth individuals, Gibraltar offers compelling benefits.

Key facts about Gibraltar

• Member of EU since 1973
• British overseas territory with its own constitution
• Welcomed clampdown by Financial Action Taskforce (FATF) on money laundering
• First offshore jurisdiction to be fully regulated
• Attractive tax regime
• Only 2 ½ hours by plane from London, 1 hour from Madrid
• Normalised relationship with Spain since 1982

Some of the tax benefits

• No witholding tax on dividends payable by Gibraltar companies
• No capital gains tax
• No wealth tax
• No inheritance tax
• No VAT
• No exchange controls