Tax Solutions for Gibraltar LTD Co’s & Individual’s.

Value-added tax (VAT):
Gibraltar does not impose a Value Added Tax (VAT).

Customs tariffs
Imported goods into Gibraltar are subject to varied rates of import charge. Notable exceptions include fuel, tobacco, and alcohol, which are subject to a fixed amount of duty regardless of their value. Motor vehicles, on the other hand, are subject to duty rates ranging from 2% to 35% of their value. The specific rate depends on factors such as the type and size of the engine, as well as whether it is a private or dealer importation.

Excise taxes:
Gibraltar does not have any provisions for excise taxes.

Real estate tax:
All firms in Gibraltar are subject to an annual levy known as the general commercial property rate. The quantity fluctuates based on the property and is subject to an annual evaluation.

Stamp duty:
Stamp duty is levied on the transfer or sale of any real estate in Gibraltar or shares in a company that owns real estate in Gibraltar. The amount of stamp duty is calculated based on the market value of the real estate and is subject to the following rates:

For amounts equal to or less than GBP 200,000, there is no tax applied.
For amounts between GBP 200,001 and GBP 350,000, there is a 2% tax on the first GBP 250,000 and a 5.5% tax on the remaining balance.
For amounts over GBP 350,000, a 3% fee will be charged on the initial GBP 350,000 and a 3.5% fee will be charged on the remaining balance.

In his Budget Speech on 11 July 2023, the Chief Minister declared that the stamp duty rate for property sales exceeding GBP 800,000 will rise from 3.5% to 4.5%. The precise date on which this modification will take effect has not yet been determined.

Stamp duty is levied on mortgages that are secured by Gibraltar real estate. The rate is 0.13% for mortgages below GBP 200,000 and 0.20% for mortgages above GBP 200,000.

Setting up a Gibraltar-registered LTD can unlock powerful benefits — but maintaining privacy, compliance and administrative ease often requires more than just incorporation. With Nominee Services, you can appoint a trusted local nominee director or shareholder to act on behalf of the beneficial owner while ensuring that ultimate control, decision-making and legal ownership remain securely with you. This structure shields ownership from public records, simplifies compliance with statutory and AML obligations, and streamlines paperwork and regulatory filings. By combining nominee appointment with experienced corporate-service support, companies gain a discreet, professional presence in Gibraltar — helping make international operations smoother, more efficient and better aligned with strategic tax and substance requirements.

Ensuring adherence to corporate tax regulations and requirements. In today’s world, staying updated on corporate tax compliance can be exceedingly difficult in certain nations due to frequent modifications in legislation, regulations, and processes, as well as evolving practices and attitudes of tax authorities.

SMART’s partners are international companies that offers corporate tax compliance services. We have a network of partners that allows us to provide coverage worldwide. Our partners specialise in providing tax compliance services for individual entities and offer a comprehensive service for our multinational clients, serving as a convenient and all-inclusive solution.

At SMART our global network partners provides a comprehensive worldwide coverage and possesses the capacity and scope to address any international tax or international tax-related issue. Our partners offer a comprehensive range of services, ranging from individual tax guidance to a complete solution for our multinational clients, providing them with a convenient and all-inclusive service.

Specifically, our offerings encompass:

• Access to pay and collect all over the world
• A customisable integration and onboarding toolkit
• Extensive risk management expertise
• Simple multi-currency payment process

Gibraltar’s tax policy is particularly appealing to High Net Worth Individuals (HNWI) due to certain significant characteristics. A programme called Category 2 Residency means that qualifying individuals only have to pay tax on the first:£80,000 of their worldwide income. However, it should be mentioned that regardless of income, the person will be required to pay at least £22,000 year under the requirements of Category 2 Residency.

The income tax rate in Gibraltar is a very strong incentive for High Net Worth Individuals to apply for Cat 2 status. All benefits will be granted to the qualified individual and a certificate will be supplied after around two weeks of application if all the requirements above are satisfied. There are requirements for year-round access to luxury accommodations, but being physically present in Gibraltar beyond the stipulated 183 days annually is not one of them.

A Gibraltar tax hideaway is a very real prospect. It provides strong economic growth and a stable political structure, making it a wonderful option for individuals seeking advantageous tax laws.

SMART’s partners can help you achieve your dream of a Tax free lifestyle!

With in-depth knowledge of cross-border payments, global markets and risk management, our team is always there to help you when you need them.

By keeping up-to-date with advancements and the often evolving regulations, we guarantee that you possess a comprehensive and unambiguous comprehension, empowering you to make informed judgements with certainty.

Utilising our extensive tax knowledge and worldwide proficiency, our partners are capable of addressing your inquiries, elucidating your responsibilities, and assisting you in devising efficient strategies, regardless of the scale and requirements of your enterprise.