Gibraltar Tax Benefits

There are many benefits of having a company in Gibraltar, including exemption from:

  • Corporate taxation on profits.
  • Withholding taxes on interest, fees and other payments to non resident directors or to other persons, and dividends paid to its shareholders.
  • Estate duty as it has been abolished in Gibraltar.
  • Stamp duty on the transfer of shares.
 Tax Benefits in Gibraltar

Uses for Tax Exempt Company

The tax offshore exempt company, due to its low administrative and set up costs, can be used for a wide range of trading activities or investment holding purposes. These are some of the possible areas of making the best use of a tax exempt company:

  • Property holding
  • Investment holding
  • International trading
  • Banking

A Tax Exemption Certificate is issued for 25 years. A company incorporated in Gibraltar, as well as registered branch of an overseas company, may apply for a Tax Exemption Certificate subject to the conditions set out below. Possession of such certificate will exempt the company or branch from further taxation in Gibraltar.

 

Benefits for Insurance Companies in Gibraltar

Gibraltar licensed insurance companies are able to take advantage of the single European Insurance Market by either:

  • Establishing a branch operation in any EEA member state without having to be licensed there, or
  • Insuring risks directly in any EEA member state.


Fixed Annual Tax in Gibraltar

For tax exempt companies there is fixed amount of year payment, with a 100% penalty for late payment. Fee should be paid on the 1st April of each year.

Please contact us for the amount as this is open to change.