🇬🇮 Gibraltar
Gibraltar taxes profits generated or sourced locally on a territorial basis, with the standard corporate tax rate increasing from 12.5% to 15% starting July 2024 (higher rates apply to utilities/energy sectors). There is no VAT and no capital gains tax. Establishment is quick but requires local management and substance. Tax rates and regulations may be adjusted; please refer to the latest announcements from Gibraltar's official Income Tax Office.
Gibraltar Key conditions at a glance
| Common Company Types | Ltd (Limited Company) |
|---|---|
| Corporate income tax | Standard rate 15% (from July 2024, previously 12.5%); utilities/energy sector 20%. |
| Estimated establishment costs | Official registration fee £100 + £10 stamp duty (£110); plus agency service fees, total incorporation cost approximately £1,500–£3,000 |
| Annual maintenance | Annual reports, accounting, registered address; audit based on scale. |
| Substance/Reporting Requirements | Territorial taxation; UBO registration; substance of management and control; CRS. |
| Suitable for purpose | Holding, online business, gaming, wealth management |
| Bank account opening | Account opening reviews are stringent and often require substance. |
| Recent Changes | From July 2024, the corporate tax will increase to 15%. |
Gibraltar Key considerations
- Subject to territorial taxation; the determination of 'sourced from Gibraltar' affects the scope of taxation and must be carefully assessed.
- Post-Brexit arrangements with the EU/Spain are still evolving; cross-border operations should pay attention to the latest agreements.
- Home country CFC/substance taxation rules may still apply; local management substance is required.
- The official registration fee (£110) is only the one-time Companies House registration cost. Most applicants still use an agent to handle incorporation and subsequent maintenance; the actual total cost is subject to the agent’s quote.
Gibraltar Application process
- Establish a Gibraltar Ltd and register UBO, appoint directors.
- Arrange for a registered address and local management substance.
- Open a bank account.
- Submission of annual reports and accounting/auditing is mandated by regulations.
Gibraltar Frequently Asked Questions
Does a Gibraltar company have to pay taxes locally?
Gibraltar operates on a territorial tax basis, taxing only profits generated or sourced locally; however, source determination has its rules, and home country tax regulations may still apply, so it is advisable to consult a professional.
Is the Gibraltar tax rate still 10%?
The standard tax rate has been phased up since 2021 and 2024, currently at 15% (higher for utilities/energy sector); outdated information should be disregarded in favor of official announcements.
What is the official company registration fee in Gibraltar?
According to Companies House Gibraltar, the standard registration fee is £100, plus £10 stamp duty, totaling £110; this is only the one-time cost of official registration and does not include agency service fees, registered office address, accounting, or other incorporation and annual maintenance expenses.
How can I verify whether the company incorporation, tax, and compliance regulations for this jurisdiction are up to date?
Tax systems, annual fees, economic substance, and UBO (Ultimate Beneficial Owner) rules in each jurisdiction are frequently amended. Recommendations: ① Check official company registry or tax authority announcements of the jurisdiction (official source links are provided at the bottom of this page); ② Verify the data date indicated on this page; ③ Understand post-incorporation annual filing, accounting, audit, and economic substance obligations—do not focus solely on incorporation fees; ④ Stay alert to agent claims that exaggerate tax savings or suggest no filing or compliance obligations after incorporation, and consult qualified tax/legal professionals for major decisions. This site provides a neutral compilation of public information; always refer to the latest official announcements.
Where can I look up the official company registry for Gibraltar, and is it public?
| Official registry | Companies House Gibraltar |
|---|---|
| Can the public search the register? | 🔎 Online public search (paid) |
| Notes | Online public search, documents require payment; beneficial ownership register is not fully public. |
| Official search | Go to official registry search ↗ |
The above is a compilation of public information from official company registration authorities; public search rules and beneficial ownership disclosures are subject to change, so please refer to the latest official regulations. See the comparison table of registration transparency across jurisdictions →
Official sources: Government of Gibraltar — Income Tax Office · Data date: 2026-08-09.This page is a neutral compilation of public data, for reference only, not tax/legal advice; options are subject to the latest official announcements.