Tax

Our tax team offers unrivalled expertise to private and corporate clients alike, helping them to make the most of the Gibraltar regime – Gibraltar is free of capital gains tax, inheritance tax, wealth tax and VAT. We have played a lead role in modernising Gibraltar’s tax laws, thereby helping to ensure a wide range of tax planning opportunities.

As well as international tax planning, we advise clients on the structuring of their investment portfolios, which invariably include property and assets situated in other jurisdictions. We ensure that we fully understand the relevant laws of those jurisdictions, and use structures that mitigate tax exposure as far as possible.

Unlike other international financial centres, Gibraltar is part of the EU and benefits from the application of most EU legislation. Gibraltar is free of capital gains tax, inheritance tax, wealth tax and VAT. Whilst no planning can ever totally eradicate the payment of tax, Gibraltar’s tax system has been modernised in recent years to provide a wide range of corporate and individual tax planning opportunities.

VAT
Although Gibraltar is in the EU, it is excluded from the Customs Union so no VAT is collected. We have a VAT advisor in-house, who can advise on the cross-border movement of goods and services involving and EU-based party.

Property
Our clients’ investments often include properties and assets situated in other jurisdictions. Our teams have wide ranging international expertise in dealing with such investments. Although we typically use Gibraltar companies as asset holding companies or as funding vehicles because of the advantageous tax treatments that Gibraltar affords, we are always alert to the possibilities offered by other jurisdictions.

Investment Structures
Hassans is ideally located to create suitable structures for international entrepreneurs and investors as well as large public companies and global organisations. Our tax advice spans investments of all types. We have considerable experience in creating and managing large and complex structures for portfolios, and in transactions with values ranging into the billions.

In the case of private clients, we are particularly well qualified to assist in tax planning and to take the maximum advantage of issues such as domicile and residence. When advising clients, we take a practical view and ensure that the corporate, fund and /or trust structures that we advise and establish are always effective and viable.

Our team leader, Chris White, is a former senior revenue investigator and can provide unrivalled advice on avoidance, evasion and residence investigations.