E-commerce Taxation In Gibraltar

The Government of Gibraltar is committed to develop Gibraltar as an e-friendly jurisdiction. There is legislation in place liberalizing telecommunications and implementing European Union (EU) directives on e-commerce and electronic signatures. Gibraltar has proved to be a tax efficient jurisdiction to set up a business and Gibraltar is on its way to become a major e-commerce hub. Gibraltar’s government does not levy Value Added Tax (VAT) or sales tax. These circumstances are very inviting to individuals and businesses to plan and operate their affairs through Gibraltar, particularly those involving e-commerce.

The following questions have been addressed in this article:

What was the purpose of the formally announced agreement between the Gibraltar Government and the EU in 2005?
What tax privileges does Gibraltar enjoy by being a member of the EU?
What factors attract off-shore companies to conduct e-commerce transactions in Gibraltar?

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