Why Set Up Business in Gibraltar?

If you're considering investing in or setting up business in Gibraltar, you will need to consider carefully whether this really is the place for you. Below are a number of points that are worth noting.

Why invest in Gibraltar?

• Diversity in international business, from financial services, trading and online businesses, to shipping, property development and tourism
• Highly developed business services infrastructure, all operating strictly within EU regulations
• EU status opens access to the EU financial services market
• Legal system modeled upon the English structure and financial services strictly regulated by the Financial Services Commission (FSC)
• Highly regulated, globally acclaimed jurisdiction
• Ability to distribute well priced VAT-free products to the rest of the EU and Africa
• The Common Agricultural Policy and Common Customs Tariff do not apply, as it is not a member of the EU Customs Union, enabling preferential trade tariffs under the Generalised System of Preferences (GSP)
• Low taxes and offshore status allow cost effective accounting and tax strategies for international companies and individuals
• No inheritance or wealth tax, no capital gains tax, no VAT, no stamp duty (other than for real estate)
• Relatively stable Sterling currency, with limited restrictions to moving capital or repatriating dividends
• Top quality conference facilities and accommodation necessary to support world-class corporate needs
• Stable political and economic environment
• Ideal location for commercial shipping cruise liners. Its modern port facilities are well protected and developed to handle the large amount of cargo and passengers. Gibraltar is one of the world's leading bunkering centres.
• Easy access via its own international airport, with budget airlines offering daily flights to the UK and Spain
• Proximity to the Spanish airports of Malaga, Seville and Jerez
• One of Europe's most advanced fibre-optic telecommunications networks, offering state-of-the-art business solutions
• Educated, well qualified, English speaking workforce, skilled in all aspects of the investment market that Gibraltar provides
• Benefits and legislation are in place to encourage tax residency from High Net Worth Individuals (HNWI) and High Executive Possessing Specialist Skills (HEPPS), allowing them to cap their tax liabilities to highly beneficial levels
• Category 2 Status allows you to pay income tax only on the first £60,000 of your assessable income, resulting in a maximum tax liability of approx. £23,000 and minimum of £18,000
• Warm, temperate climate with an average 300 days of sunshine per year
• Good quality of life with very low crime rate and an abundance of leisure facilities

Based on the Rock of Gibraltar, Tina supplies freelance copywriting and content writing services to a worldwide market via the internet. Over the past nine years, she has produced top-class copy on a diverse range of subjects - from online gaming to international property investment, from insurance and pension services to lifestyle in Andalucia, and from editorial copy to TV scripts - you name it, she'll have your work properly researched, written and delivered, ready to meet your deadlines. Find out more and read her website blog.