SYNOPSIS – This self-governing British Overseas Territory located on the southern tip of Spain is world famous for its Rock, caves and defensive history. As with Jersey, Guernsey and the Isle of Man it is an English-speaking common-law jurisdiction with an excellent safe and stable regulatory environment provided by the Gibraltar Financial Services Commission. According to the World Bank, its current population is 39,329 but this is greatly increased on a daily basis due to the influx of both Spanish workers and tourists. Apart from tourism and selling tax free goods, the Territory has also developed a world-renowned reputation in international tax planning.
Population: 39,329 (2025)
Size: 6.8 sq.km
Capital: Gibraltar
Economy: The local economy mostly consists of the services sector including company formation and management. In addition to financial services shipping, tourism and online gambling licenses are all major economic contributors. On a per capita wealth basis Gibraltar is one of the wealthiest countries/territories in the world.
Taxation: Gibraltar resident companies are subject to a corporate tax rate of 15% on their worldwide income. However, save in respect to specialist areas such as gambling and insurance, establishing a presence in Gibraltar is compromised by the fact that the territory is no longer part of the European Union and has a very limited double taxation treaty network which can create withholding tax issues.
Confidentiality: Confidentiality levels are high provided nominee directors, secretaries and shareholders are used.
Banking: There are a number of well-known British, private and international banks operating in Gibraltar with resident companies not having as many restrictions as non-resident companies.
Synopsis: Gibraltar resident companies unfortunately do not benefit from the same advantages that comparable low tax jurisdictions such as Ireland, Cyprus and Malta offer. In the latter cases, they are all EU members and benefit from extensive tax treaties.