TAX ADVISORY SERVICES

Gibraltar’s unique Tax Landscape

Gibraltar is renowned for its favorable tax environment, making it an attractive destination for businesses. Understanding the intricacies of Gibraltar’s tax system is essential for optimizing your tax obligations and ensuring compliance. At TAG Consultancy, we provide expert tax advisory services to help businesses thrive in Gibraltar’s dynamic and competitive landscape.

Corporate Tax in Gibraltar

Gibraltar offers a business-friendly tax regime with one of the lowest corporate tax rates in Europe. The current corporate tax rate is set at 12.5%, significantly lower than many other jurisdictions. This tax applies to the profits of companies operating in Gibraltar, making it an attractive location for both startups and established enterprises.

Key Aspects of Gibraltar’s Corporate Tax:

  • Low Corporate Tax Rate: A flat rate of 12.5% on profits, promoting a business-friendly environment.
  • No VAT: Gibraltar does not impose Value Added Tax (VAT) on goods and services, simplifying transactions and reducing the overall tax burden.
  • No Capital Gains Tax: Businesses in Gibraltar benefit from the absence of capital gains tax, ensuring that profits from the sale of assets are fully retained.
  • Dividend Exemption: Dividends received from foreign subsidiaries are generally exempt from taxation, enhancing the attractiveness of Gibraltar as a base for international operations.

Personal Taxation

Gibraltar offers a favorable personal tax regime, making it an attractive place for individuals to live and work. Key benefits include:

Low Personal Tax Rate

The maximum personal tax rate is 25%

NO WEALTH TAX

Residents benefit from the absence of wealth tax.

NO INHERITANCE OR ESTATE DUTY

There is no inheritance tax or estate duty, providing further financial advantages.

ALLOWANCES AND DEDUCTIONS

Various allowances and deductions are available to minimize your tax liabilities.

Ensuring Compliance and Optimization

Navigating Gibraltar’s tax system requires a thorough understanding of its regulations and opportunities. Our team of tax experts at TAG Consultancy offers comprehensive services to help you:

Tax Planning and Optimization

Develop effective tax strategies to minimize your liabilities and maximize your profits.

Regulatory Compliance

Ensure full compliance with all local tax regulations to avoid penalties and legal issues.

Tax Reporting and Filing

Assistance with accurate and timely filing of tax returns, ensuring all obligations are met.

Trust TAG Consultancy for Your Tax Needs

With a deep understanding of Gibraltar’s tax system and extensive experience in international tax planning, TAG Consultancy is your trusted partner for all tax-related matters. We are dedicated to providing tailored solutions that meet your specific needs and help your business succeed.

Don’t let the complexities of tax regulations hinder your business growth.

Contact us today to discover how TAG Consultancy can assist you in navigating Gibraltar’s tax landscape and optimizing your tax strategy for success.