Gibraltar as a jurisdiction has developed itself as a major finance centre providing a high level of protection to investors in a regulatory and legal environment based on UK Common law. This makes Gibraltar an attractive jurisdiction for the setup of private structures given its familiarity and similar practices to other common law jurisdictions such as the UK. Gibraltar’s Trust law is based on the Trust law of England and Wales.
Its modern and robust tax system is flexible enough to accommodate effective structures through the use of Gibraltar Trusts and Companies.
Gibraltar uses a territorial basis of taxation, whereby only profits accrued in and derived from Gibraltar are subject to taxation. In addition there is also no turnover tax, such as VAT, capital gains or inheritance taxes in Gibraltar.