Pedro Sánchez, spain’s new prime minister, in his speech before parliament has promised to make **changes to the rules of corporate tax and establish a new minimum of an effective tax rate and increase public spending**. Mr. Sánchez stated that his government would seek to “redesign” corporate tax to ensure that **the effective rate of large corporations is close to the headline r...
Path: Blog...h most Gibraltarians voted to remain in the EU, the final decision was made by the UK. Spanish representatives, who also have an influence over Gibraltar, however, stated that Gibraltar is not included in Brexit negotiations. We suppose that even spain’s attitude will not affect future of Gibraltar until 2020. The UK Prime Minister also promised that every deal made with the EU for the future...
Path: Blog...ed against leaving the European Union. At the same time, the United Kingdom promised its overseas territory any possible support during the transition period and after leaving the EU. However, in the agreement, drafted by the European Commission, spain has a veto over Gibraltar taking part in all future UK-EU relationships. This was one of the most unlike outcomes for Gibraltar. The official g...
Path: Blog...vis, officially announced that **Gibraltar** is included in the transitional agreement. At the same time, up till 2020 EU, UK and Gibraltar claim to support interstate relations between three of them. As we already mentioned in previous articles, spain had its claims for the Gibraltar territory. Even though spain still considers their right to veto Gibraltar’s participation in this deal, sove...
Path: Blog...le the majority were non-EU citizens or people without citizenship. The group that was granted the most number of citizenships by the EU Member States in 2017 were citizens of **Morocco** (67 900 people, 83% of them acquired citizenship of Italy, spain or France), groups that had the most citizenships issued to were also citizens of: **Albania** (58 900, 97% acquired citizenship of Greece or It...
Path: Blog...industry has evolved over the past two years as regulation has shifted from theory into practice. EU Member States that are not complied with 5 AMLD will be held in breach of EU Law. In regards with new regulation, few of the Member States, etc. spain, Portugal, Cyprus, Slovenia, have already been received notifications and warnings by the EU Commission. Clearly Estonia looking to avoid such e...
Path: Blog...mprehensive double tax agreements with Austria, Belgium, Brunei, Canada, Czech Republic, France, Hungary, Indonesia, Ireland, Japan, Jersey, Kuwait, Liechtenstein, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Portugal, Switzerland, spain, Thailand, United Kingdom, Vietnam, Qatar and the Mainland China respectively to relieve taxation on income, for instance, dividends, inter...
Path: Companies...ce.Incorporation: 7 working days + delivery time for the courier Minimum paid up capital: 1 GBP Overview Gibraltar is an overseas territory and dependence of the United Kingdom located on the southern coast of spain in Western Europe. Gibraltar has a long-standing international offshore financial history that goes back to the passing of Gibraltar’...
Path: Companies...000 Accounting and audit: starting from 5,500 EUR + 4,5% VAT * *Depending on the number of transactions the company executes each month/year. Overview Andorra is a microstate located in Europe and bordered by spain and France, which jointly protect the state, allowing it to enjoy many privileges available exclusively to the member states of the European Uni...
Path: Companies...mprehensive double tax agreements with Austria, Belgium, Brunei, Canada, Czech Republic, France, Hungary, Indonesia, Ireland, Japan, Jersey, Kuwait, Liechtenstein, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Portugal, Switzerland, spain, Thailand, United Kingdom, Vietnam, Qatar and the Mainland China respectively to relieve taxation on income, for instance, dividends, interest i...
Path: Licensing...der (the maximum 50 shareholders) (no nationality or residency restrictions) At least 2 directors (at least 1 director with full voting rights has to be local) A minimum of 1 additional Key-role employee in Gibraltar. This individual can live in spain providing that it is between Marbella and Tarifa Confidentiality Beneficial owners' details – Not part of public record (a new regu...
Path: Licensing