Gibraltar: International Financial Centre

Gibraltar is now a major player in the Offshore Finance Center market and offers overseas investors - both corporate and personal - a beneficial tax regime that can be used to undertake business transactions with maximum tax efficiency. This book is a comprehensive guide to the commercial and tax issues of living and doing business in Gibraltar. The fifth edition covers the legislation which will impinge on any company wishing to do business in or with Gibraltar, or any individual wishing to take advantage of the friendly tax climate in Gibraltar and settle there. The book explains the income tax legislation recently introduced in Gibraltar and its effect on companies and individuals, together with all other taxes chargeable and those taxes which are not imposed. The general operating environment for companies is explained by an analysis of the Companies Act and money laundering legislation. The regulatory and licensing arrangements in Gibraltar are fully explored and there are specific chapters on the environment for trusts, insurance companies, financial institutions, and gaming companies. The position and advantages of funds, protected cell companies, and limited partnerships in Gibraltar are also examined.