Introduction
We have compiled a summary of the basic information relating to Gibraltar which we hope will be of use to our many clients.
Gibraltar is a British colony located to the south of Spain and has its own Government which is responsible for making of laws in respect of taxation and local matters. Foreign and Defence matters are the responsibility of the UK Foreign Office, represented in Gibraltar by the Governor. The official language in Gibraltar is English and the currency is Sterling.
Gibraltar is a member of the European Union, unlike the Channel Islands, but not a member of the customs union, hence its "offshore" status. Spain, because of its territorial claims, disputes this, however Gibraltar became a member at the same time as the United Kingdom through the Treaty of Accession.
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