Setting up a business in Gibraltar

Setting up a business in Gibraltar is as easy or as hard as you would expect it to be in the UK. You will obviously need all the normal personal details needed to set up a business such as passport, contact details and address and anything else required in this regulated environment.

The decision over the company structure in setting up the business in Gibraltar can be complicated and will certainly take tax planning but this is the bulk of the decision making process as after this it is mainly registration processes that need to be followed. Registration of the company name, at the tax office and you may need a trading licence depending on your type of business and location. It is strongly recomeended that you contact a legal and tax advisor locally and there are many to choose from.
In the words of the Government of Gibraltar, these are the benefits of setting up and/or conducting business in Gibraltar:

• A favourable fiscal environment
• No value added tax
• A high quality infrastructure
• Regulatory standards matching those of the UK but with the appropriate flexibility for a small jurisdiction
• Bilingual workforce
• Unlike other finance centres there are no job quotas in Gibraltar and no restrictions on residence or work permits for EU or EEA nationals.
• There is also a beneficial tax regime for expatriates with special skills working within the financial services industry
• Abundance of quality commercial premises
• Substantial high quality office space to rent at competitive prices
• Legal system based on English Common Law
• There is no capital gains tax, gift or wealth tax, or inheritance tax in Gibraltar
• Excellent connections via London or Malaga
• No exchange controls
• Sterling based jurisdiction
• Excellent financial and legal institutions
• State of the art communications

The local Gibraltar government have a booklet entitled ‘setting up a business in Gibraltar’ and is invaluable in pulling together all the information you need. Copies of this manual, can be obtained free of charge from the InvestGibraltar Office, Department of Trade & Industry, Suite 771, Europort, Gibraltar or alternatively they can be requested via info@investgibraltar.gov.gi if not downloaded from www.investgibraltar.gov.gi.

Serviced Office Solutions in Gibraltar

Until recently there was no credible solution for serviced office space in Gibraltar but now a new facility has opened up called PointONE. They can be contacted at http://www.pointone.gi and provide quality state of the art office rental solutions in Gibraltar.

Lifestyle Links for Gibraltar

General Information on Gibraltar - Schools in Gibraltar - Taxation in Gibraltar - Healthcare in Gibraltar - Work & Residence Permits in Gibraltar - Facts about Gibraltar - Property in Gibraltar - Gibraltar Internet and E-Commerce Facilities - Nightlife in Gibraltar - Recruitment agency Gibraltar - Setting up a business in Gibraltar