Business Support Packs
The InvestGibraltar Office’s literature and Business Support Packs & Guides range offer a wealth of salient information that is applicable to most business models. The Packs & Guides contain guidance notes, informative text and other useful items that could prove invaluable for the user.
The Packs & Guides also include certain material that has been produced by other Government departments, authorities and/or relevant institutions. The objective here is to gather and present the latest and most applicable information to cater for the needs of entrepreneurs and businesspeople in an ever-changing business environment.
These Packs & Guides are available free of charge from the InvestGibraltar Office. Alternatively, it can be requested via info@investgibraltar.gov.gi or obtained directly from the Downloads section.
Why set up a Business in Gibraltar?
The following points should help make that decision to invest or conduct business in Gibraltar or from a jurisdiction of internationally noted quality:
• An excellent hub for the establishment of international business in areas as diverse as Financial Services & E-Commerce, Trade & E-Trade, Communications & E-Gaming, Maritime Services, Light Industry, Property Development and Tourism & Transport.
• Highly-developed, business services infrastructure where it is possible to passport an EU licence in financial services such as insurance and re-insurance, EU-wide pensions, banking and funds administration, amongst others.
• Distribute competitively priced VAT-free goods and services to the markets of the EU and Africa.
• Invest or conduct business in a quality low-tax jurisdiction with a profit oriented capital base at low levels of corporate tax, all in a stable currency – £ Sterling GIP – with few restrictions in moving capital or repatriating dividends.
• A legal system modelled on the English structure contributes to making Gibraltar the well regulated (but not over regulated), globally acclaimed jurisdiction it is today.
• A variety of interesting fiscal products ranging from lucrative funds development and administration to customised financial solutions such as international tax planning strategies, along with monthly tax-free registered debentures – stable bonds with an attractive non-taxable fixed rate
• A high-quality environment for corporate accommodation as well as modern services and workspace for manufacturing and distribution, together with an effective, advanced communications infrastructure (necessary business support services are also available on site).
• Start-up incentives, including a start-up rate of 10% applicable to any new businesses established in Gibraltar after 1 July 2009.
• A stable political and economic environment, which is already being enjoyed by established investors and customers.
• Benefits from EU membership, including access to the EU financial services’ market
• Enhanced, weather-protected port facilities outside of the European Customs Union make Gibraltar ideal for cruise liners and cargo handling/logistics (Gibraltar is one of the world’s leading bunkering centres).
• An international airport with scheduled flights to the United Kingdom in conjunction with proximity to Spanish regional airports at Malaga, Seville and Jerez
• One of Europe’s most advanced fibre-optic communications networks, offering quality solutions for business requirements.
Ÿ A multi-skilled, suitably qualified workforce with training assistance to update skills in accordance with the investments opportunities that arise
• A harmonious, multicultural and English-speaking environment, as favoured by most international businesses, providing pivotal access to regional markets in Mediterranean Europe and North Africa (the majority of people in Gibraltar are at least bilingual).
• The Common Agricultural Policy, Value Added Tax and the Common Customs Tariff do not apply to Gibraltar since it falls outside the EU Customs Union. Classified as a developing country, Gibraltar is entitled to preferential trade tariffs under the Generalised System of Preferences (GSP).
• Legislation is in place to encourage High Net Worth Individuals (HNWIs) and High Executives Possessing Specialist Skills (HEPSS) to establish tax residency in Gibraltar, affording them the opportunity to have the tax payable on their income restricted to a capped amount.
• Gibraltar relishes from warm summers and mild winters – around 300 days of sunshine – and a high quality of life, with a wide variety of sporting, cultural and entertainment facilities, both in and around Gibraltar (an enviable lifestyle with the professionalism and vibrancy of a modern yet mature location).
In short, whatever the reason for establishing a business activity in Gibraltar, the Rock has something for everyone.
