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100% tax exemption with non-residents and
non-Gibraltar locality earnings
From
US$ 499
Gibraltar is becoming a favoured jurisdiction for international businesses and intend to mainstream leading European Financial services center.
It is a self-governing of the United Kingdom, with modeled on English legal system. Moreover, it is an integral part of the European Union, hence Gibraltar enjoys a special status within the European Union. However, it is exempted from Commons Customs Tariff, Common Agricultural Policy and harmonization of turnover taxes (notably VAT with the advantage of being outside of the VAT).
Another highlight of Gibraltar is on the G20-instigated OECD “White List”, having signed off 27 tax information exchange agreement (TIEAs).In addition, the government has enacted legislation to put in place a number of tax transparency measures, including with US, UK, EU & OECD.
A flat rate of corporation tax is set at 10% for Gibraltar company, one of the lowest rate while the weighted average rate of Europe is around 26.25%. It is a great opportunity for companies to establish their holdings companies in Gibraltar and take advantage of this low rate of tax
Under the Gibraltar Income Tax Act, the tax is charged on income accruing in or derived from Gibraltar, on the profits or gains of a company or trust from any trade, business, profession or vocation.
Some of the great benefits of Gibraltar taxation are there are no capital gain tax, VAT, Withholding tax, Inheritance tax & Wealth tax & gift tax.
Please let’s help you to take great advantages of Gibraltar tax system for your successful business.
Accounting & Tax services offer
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