Companies based in Gibraltar have a corporate tax of 10%, but only for those operating in its territory. For those companies operating outside the territory of this city, that is, offshore companies, there is no obligation to perform any kind of taxation, and therefore there is no tax on capital gains, inheritance, wealth or VAT.
Companies based in Gibraltar are required to submit annual accounts with their tax returns.
The names of the directors of the companies hosted in Gibraltar are public, and therefore if we want privacy we must appoint a representative to avoid the client's name appearing.
The jurisdiction is very stable and they have an excellent reputation. That's why there are a large number of companies hosted in this British city.
The opening time of an offshore company in Gibraltar is approximately 2 weeks.
Gibraltar is a territory that belongs to the United Kingdom and is located in the south of Spain. The territory was part of Spain until 1713, when it was ceded to the British. Gibraltar is about 6.5 square kilometers in size and has a population of 30,000.
Gibraltar is one of the preferred destinations to create an offshore company because of its tax benefits, and that is one of the reasons why in Gibraltar there are more companies than residents, not requiring the founders of such companies to reside in this British territory.