Gibraltar is an excellent location for company formation.
Geographically, Gibraltar is located at the southern tip of the Iberian Peninsula and has a population of just over 33,000. Gibraltar is a British Overseas Territory but self-governed, operates common law legal system mirrored on the UK and 2.5 hours from the UK via aeroplane. There is an hour difference in time from the UK which means communication can be maintained easily with the rest of Europe.
Gibraltar has a corporation tax rate of 12.5% which ensures it is attractive to set up a business from. Gibraltar also has other advantages such as no capital gains tax, no inheritance tax and no VAT.
Gibraltar’s main industries are tourism, financial services, online gambling and bunkering.
By Phil Cartwright
Head of Business Development