PRESENTATION
Currently a British colony, a member of the Commonwealth and a signatory to numerous agreementsWith the European Union, Gibraltar is a highly recommended jurisdiction. British heritageappears omnipresent (legal and banking system, language) and provides entrepreneurs with manyguarantees regarding risk management. Despite its strong ties to Europe, Gibraltar remainsas a fiscally very attractive jurisdiction. After having won in 2008 his fight againstthe administrative authorities of the European Union, Gibraltar has the right to continue to existas a low tax jurisdiction (With few taxes).
SOCIETY CREATION
Beyond the purely fiscal characteristics, Gibraltar presents all the flexibility of thetraditional offshore jurisdictions.
• The anonymity of the shareholders and the director can be maintained by resorting to anominee (= figurehead), who can also be a legal person.
• A single shareholder and a single director are enough to create a company butIt will be necessary to resort to an officially registered secretary.
• Therefore, special attention must be paid to the selection of the agent who will deal withthe creation procedures, since it is essential that you also offer your services tothe daily management of the structure: "Secretary", domiciliation, presentation of accountsannual, etc.
TAXATION
A company registered in Gibraltar that does not carry out any activity in that territory and whoseIncome from abroad will have a total exemption from corporate tax. WithoutHowever, in the case of activities carried out in the territory (if the income is generated in Gibraltar),companies are subject to a 10% tax. Gibraltar presents in all cases aindisputable advantage over the countries of the European Union: there is no VAT, nor annoying paperworkapplication of the intracommunity VAT number to be able to carry out commercial activity "withouttaxes. "Although some sectors are regulated and require a license or authorization(specifically, the financial sector), the administrative and legal environment of the country is very favorable.
For this reason, Gibraltar is positioned as a preferred destination in the casino and casino sector.online games, where more than 12% of the resident workforce works.