Unlocking Opportunities in Gibraltar: Your Gateway to Success
Whether you’re a business owner venturing into Gibraltar or seeking a vibrant new home, here we set out just some of the many advantages of company formation or taking up residence in Gibraltar.
Despite its size, Gibraltar is a robust business hub, offering exclusive market entry opportunities to the UK and Europe.
Pedigree and Legacy: Gibraltar boasts a well-regulated, transparent, and globally cooperative jurisdiction. A common law legal system, developed infrastructure, and a favoured domicile for financial services make it an ideal choice.
Favourable Tax Regime: Transparent, low-tax policies with a 12.5% corporate income tax rate. No VAT, capital gains tax, or inheritance taxes; retirees enjoy zero tax on pension income.
Crypto and Blockchain Hub: Pioneering in 2018, Gibraltar provides a purpose-built regulatory framework for blockchain and DLT businesses. The Gibraltar Financial Services Commission has approved 14 cryptocurrency and blockchain firms.
Stable Economy: Diverse economic pillars include tourism, financial services, online gaming, and the port. Despite Brexit and global challenges, Gibraltar’s GDP continues to grow, backed by a stable economy. The UK-EU Gibraltar negotiations in Brussels must be concluded before the European Parliament’s June 2024 elections. Furthermore, Gibraltar’s imminent removal from the FATF ‘grey list’ signifies its commitment to financial transparency and reduced monitoring.
UK Market Access: Unique ‘passporting rights’ into the UK make Gibraltar the sole jurisdiction with this advantage. Post-Brexit, Gibraltar-licensed firms can seamlessly provide services and establish branches in the UK.
Lifestyle: A self-governing British territory with a Mediterranean climate. English is the official language, safe and secure with low crime rates and it is conveniently located for easy access to Spain, Portugal, and North Africa.
Attractive Residency Regimes: These are tailored for high-net-worth individuals and skilled executives. Tax-efficient platforms, like Category 2 residency rules, offer significant advantages.
Having been founded in Gibraltar over 35 years ago, the Sovereign Group have a comprehensive corporate and private client services offering and in-depth experience of operating in this region, for companies and individuals locally or operating from afar, from legal entity selection to full back-office solutions. To find out more about how we can help, get in touch unlock your opportunities in Gibraltar, get in touch below.
