Gibraltar Tax Rates 2025

• Corporate Income Tax:
  • The standard corporate income tax rate is 12.5%.
  • Certain categories of income may be exempt from corporate tax.
  • Companies are taxed on profits accruing in or derived from Gibraltar.
• Individual Income Tax:
  • Gibraltar operates a Gross Income Based System (GIBS) or an Allowance Based System (ABS).
    Taxpayers can elect which system to use.
  • Tax rates vary depending on the chosen system and income level.
  • There is no capital gains tax in Gibraltar.
  • There is no VAT in Gibraltar.
• Inheritance Tax:
  • There is no inheritance tax in Gibraltar.
• Stamp Duty:
  • Stamp duty may apply to property transactions.
• Rates vary depending on the property value.
  • Tax Residency:
    • Tax residency is determined by factors such as the number of days spent in Gibraltar and the nature of the individual's presence.
  • Qualifying Individuals (Category 2) Status:
    • This status offers a capped tax liability for high net-worth individuals.
    • Specific criteria must be met to qualify.
  • Exempt Company Status:
    • Certain companies that are not Gibraltar based, may be exempt from Gibraltar taxes.
  • Double Taxation Agreements:
    • Gibraltar has Double Taxation Agreements with several countries.
  • Tax Information Exchange Agreements:
    • Gibraltar participates in tax information exchange agreements.
  • E-commerce:
    • Gibraltar has specific tax laws relating to E-commerce.
  • Financial Services:
    • Gibraltar has regulations relating to the taxation of financial services.
  • Property Tax:
    • Rates are based on the rateable value of the property.
  • Import Duties:
    • Import duties are levied on certain goods.