Gibraltar is a British Overseas Territory situated at the southern tip of the Iberian peninsular. It has for centuries been a natural commercial crossroads and trading entrepot. The official language is English but Spanish is widely spoken. The currency is the pound sterling and there are no exchange controls. There are excellent communication facilities and frequent daily flights to London and other destinations.
Gibraltar is a stable parliamentary democracy who’s Government actively encourages its ongoing development as an International Finance Centre with significant tax concessions available and the added advantages of membership of the European Union, a well developed infrastructure and is accessibility to many of Europe's capitals.
Following the full opening of its border with Spain in 1985 and the implementation of the European Single Market, Gibraltar has further increased its prominence as a European financial centre.
Gibraltar is economically, socially and politically stable and, in matters of company formation and administration, highly efficient and price competitive. It is within the European Union, a member of the OECD, well regulated and fully compliant in anti-money laundering measures. Gibraltar offers confidentiality, excellent legislation, a legal system based on English common law and a Government which is committed to sustaining its growth as an international financial and business centre.
Gibraltar does not levy any taxes on capital, nor capital gains. Stamp duty only applies to Gibraltar land and property. Value added tax (VAT) does not apply in Gibraltar and there are no inheritance, estate, gift or death taxes of any kind.