Gibraltar has established itself as a service jurisdiction with a buoyant financial services sector, a robust regulatory regime, and a low Corporate Tax regime.
The Gibraltar Financial Services Commission likes to think of itself as an accessible regulator that can facilitate speed to market. Gibraltar boasts direct access to the UK market via financial services passporting arrangements, which makes Gibraltar an interesting alternative jurisdiction in which to headquarter your business.
Gibraltar’s licensed institutions continue to benefit from passporting advantages and exclusive access to the UK financial services market post BREXIT.
The insurance industry, for example, is a key beneficiary of such arrangements, allowing local Gibraltar based insurance companies access to the entire UK market. Such arrangements have resulted in a total of 1 in 4 cars in the UK being insured by Gibraltar-based underwriters.