e-Business

By the implementation of EU directives on e-commerce and electronic signatures, as well as the liberalising of the telecommunications industry, the Gibraltar Government have demonstrated their commitment to making Gibraltar an e-friendly jurisdiction.

There are a number of tax benefits from establishing an e-business in Gibraltar:

• VAT.
Gibraltar is part of the European Union (EU), but not the EU Customs Union. Gibraltar therefore does not charge VAT.
• Tax Exempt and Qualifying Companies.
Gibraltar companies trading outside Gibraltar can apply for tax exempt status (paying an annual fee of either £200 or £225 per year) or qualifying status (paying tax at a rate of between 0% and 35%). Certificates are valid for 25 years.
• There is No Capital Gains Tax, No Wealth Tax, No Inheritance Tax