In Gibraltar, fiduciary relations are primarily governed by the Trusts (Recognition) Act of 1989. This act recognizes the validity of trusts created under the laws of other jurisdictions and provides a legal framework for the recognition and enforcement of foreign trusts in Gibraltar. If you are seeking any kind of fiduciary…
The financial technology sector in Gibraltar is starting to improve as more and more innovative activities in this industry are regulated. The most recent one implies the creation of a legal framework for companies creating blockchain and cryptocurrencies. However, like all innovative fields money is essential and this is how crowdfunding appeared. Crowdfunding refers to raising…
Investors who wish to open a cryptocurrency company in Gibraltar are subject to a number of conditions. Gibraltar does not have a specific legal framework that allows for the creation of digital money at this point. Even so, foreign investors who wish to set up a cryptocurrency company in Gibraltar are welcomed, provided that…
The fact that Gibraltar is a VAT-free British territory transformed it into a preferred shopping destination for tourists. Considering tourism and retail go hand in hand, investors can successfully invest in any of these two industries. Taking retail separately, investors are encouraged to open shops in Gibraltar which cater to the needs of both the population…
Tourism is one of the main engines of Gibraltar’s economy which why the number of business opened in this sector during the last few years has increased considerably. From travel agencies which facilitate the arrival and accommodation of tourists to restaurants which are renowned for the mix of cuisines they offer, foreign…
Gibraltar is one of Europe’s most prolific economies. Moreover, Gibraltar occupied top positions in various surveys related to economic growth, high employment rate and number of businesses opened here. Speaking of a high number of companies registered in Gibraltar, most of these are businesses operating online. One of the keys to have an online…
While most countries sign double taxation treaties, Gibraltar has signed predominantly agreements for the exchange of tax information, because it is a British territory. However, in 2009 Gibraltar and the United Kingdom have agreed upon the elimination of double taxation. The Gibraltar – UK double tax treaty covers the taxes imposed by the authorities in both countries, including…
Foreign investors may set up various types of investment funds, according to the Financial Services Act in Gibraltar. The law provides for the establishment of collective investment schemes which can take up several forms. The most employed ones are UCITS and non-UCITS investment funds. No matter the kind of investment fund an investor want to open in Gibraltar,…
Several years back the Gibraltar Government has decided to implement the Alternative Investment Funds Managers (AIFM) EU Directive in its local legislation related to investment funds. This is how Gibraltar came to have one of the most complete legislations on investment funds in Europe. Also, the new directive allowed Gibraltar to enable a new type of investment fund: the Experienced Investor Fund (EIF).…
The main law providing for the establishment of special purpose vehicles (SPVs) in Gibraltar is the Insurance Companies Regulations which was first enabled in 2009. The law is also known as the Special Purpose Vehicles Regulations. As its name states, this type of structure can be employed by insurance companies in Gibraltar. Also, at the end…
