75 results found

In respect of liability, the members of a Limited Liability Partnership shall have such liability to contribute to its assets in the event of its being wound up as is provided for by virtue of the Act.

The government budget surplus for 2014/2015 is estimated at £51.3 million, representing the 2nd highest surplus in Gibraltar's financial history.

The Gibraltar Chamber of Commerce have supported the Government's notes on the need for a cautious approach to future public expenditure in the current post-Brexit environment.

The Coronavirus is potentially a life changing event in every sense and many businesses and policy makers will be asking the same question "how do we best manage, if not survive this?".

We’ve all come across VAT, or IVA as it’s known across the border in Spain.

The Gibraltar tax year runs from the 1st July to 30th June and on 25 June the Chief Minister Peter Caruana delivered his budget speech to reflect on the performance of the Gibraltar economy and set out the Government’s budget proposals for the fiscal year ending 30 June 2010.

While not as dramatic as anticipated, Gibraltar’s recent budget provides a timetable for the long-awaited introduction of a new low corporate tax regime, says Michael Castiel, partner at Hassans.

Gibraltar's Experienced Investor Fund offers institutional managers a regulated, flexible alternative to traditional fund domiciles, combining rapid setup, proportionate oversight, and tax efficiency. With a new EU treaty resolving post-Brexit uncertainty and a proven track record in digital assets, Gibraltar presents a compelling case for mid-market managers seeking credible jurisdiction without the operational burden of major fund centres.

An International Tax Agreement between the UK and Spain in respect of Gibraltar entered into force on 4 March 2021.

Gibraltar is able to facilitate all of the expectations of Swiss Managers as a European re-domiciliation destination for investment funds, and has in fact recently introduced changes to its Experienced Investor Fund regime to facilitate some of the factors set out below, considered to be the main expectations for Swiss Managers when re-domiciling funds.

The concept of a Trust was first used in Anglo Saxon times and is an arrangement whereby property is transferred from one person or corporation (the Settlor) to another person or corporate body (the Trustee) to hold for the benefit of a specified list or class of persons (the Beneficiaries). A Trust is not a corporate vehicle, joint venture or Partnership. It is an equitable arrangement between the Settlor and the Trustee represented by a set of instructions.