A Focus on Gibraltar Tax
Gibraltar's Tax Experts
As a UK Overseas Territory, Gibraltar's highly-regarded tax environment provides a host of benefits for both individuals and corporations. From a tax planning perspective, Gibraltar's robust regulatory framework presents ideal opportunities for effective tax structuring.
Through its fully independent associated businesses, Numerica provides tax and accounting services.
Expert Gibraltar Tax Advice
At Numerica, we provide unrivalled expertise in Gibraltar tax planning and structuring.
Our clients, whether corporate or personal, can leverage the advantages of the Gibraltar Tax system, which includes no wealth tax, no inheritance tax, no capital gains tax, and, notably, no VAT. As a specialist finance centre with offshore capabilities, Gibraltar presents substantial opportunities to maximise tax efficiency through various planning structures.
Our membership of HLB - a global network of independent advisory and accounting firms - provides a foundation for our experienced tax experts to apply their skills to identify the most efficient solutions.
Gibraltar Corporate Tax
Gibraltar has a flat corporate tax rate of 12.5%. In addition to the low corporate tax base rate, there are many other tax advantages to relocating to or setting up a new business in Gibraltar. These include:
- 12.5% Corporate Tax Rate
- UK-based laws and regulatory environment
- No Value Added Tax (VAT)
- No Inheritance or Capital Gains Taxes
Regardless of the industry, this consistency in tax structure offers financial predictability and competitive benefits, potentially fostering business expansion and profitability.
No capital gains tax is applicable, which can lead to considerable savings for businesses. In addition to these fiscal benefits, Gibraltar has a highly skilled workforce that adds value to companies operating in the region. Its state-of-the-art telecommunications infrastructure ensures robust connectivity. The presence of an international airport ensures strong global transport links, facilitating international trade and collaboration.
Personal Tax in Gibraltar
Moving your tax residency to Gibraltar can prove an efficient way to manage your finances. As well as enjoying the benefits of a warmer climate and the familiarity of living in a British Overseas Territory, Gibraltar’s fiscal structure makes tax residency in Gibraltar an attractive option partly due to no capital gains, gift or wealth taxes.
Category 2 (sometimes abbreviated to Cat 2), is the term given to Gibraltar’s specialist fiscal regime for High Net Worth Individuals (HNWI) whose net assets total a verifiable minimum of £2m.
Multijurisdictional Tax Planning
Whether you’re running a complex corporate structure or require advice for more personal transactions, we can help you build effective tax strategies that achieve sustainable results.
Even the most minor changes at the jurisdictional level can significantly impact your prosperity and growth in a global landscape.
Our membership in the HLB Global Advisory International network provides a foundation for our experienced tax experts to apply their skills to identify the most efficient tax solutions.
Trust Numerica for Expert Tax Services in Gibraltar
With our unrivalled expertise and extensive experience in assisting individuals, businesses, and charitable organisations, Numerica is the trusted partner for all your tax planning and structuring needs in Gibraltar. Contact us today to unlock the full potential of Gibraltar's tax advantages while ensuring compliance and efficiency.