To open a trust in Gibraltar, founders will draw up the trust deed in accordance with the Trustee Act, the main law that governs trusts in this jurisdiction. Several types of trusts can be set up in Gibraltar and for some of these certain registration principles are in place, as…
Several types of businesses are available in Gibraltar for registration. The most popular are the partnerships (general and limited) and the companies (sole proprietorships, limited by shares, limited by guarantees and public companies). Below, our Gibraltar company formation agents offer information on the types of companies which can be registered here. General and…
Professional investors interested in the financial industry and who want to set up investment funds in Gibraltar benefit from some of the best conditions in Europe in terms of licensing. Moreover, the government has recently enabled a new legislation targeting the use of blockchain technology, the method used to create virtual currencies. This means that investors…
Gibraltar is currently one of the most advanced territories when it comes to the use of financial technology. The Gibraltar Financial Services Commission (GFSC) supports investors interested in setting up business in the financial industry on the British territory. Among these most popular types of businesses in the financial industry in Gibraltar are: - banking institutions;…
Investors who wish to open a cryptocurrency company in Gibraltar are subject to several conditions, including obtaining a crypto license in Gibraltar under the conditions set forth by the Distributed Ledger Technology Regulatory Framework. Foreign investors who set up a cryptocurrency company will observe the general steps for company registration in Gibraltar, followed by…
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…
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…
Its status within the European Union and the taxation system have transformed Gibraltar into one of the preferred destinations of qualified and non-qualified investors for establishing investment funds. There are three main types of investment funds one can set up in Gibraltar: - experienced investor funds; - UCITS funds; - private funds. The last category, private funds, are among the…
Gibraltar has a very developed economy which is a good indicator for investors seeking to open companies here. Combined with one of the most performant workforces in Europe due to many foreign individuals employed by Gibraltar companies, the Rock now provides for a worldwide recognized financial industry. A developed cluster of this…
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).…
