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.

In fact, as the largest and most prominent firm in Gibraltar, with a close working relationship with the Gibraltar government, Hassans 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.

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.

Property Tax Advice

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.

Category 2 Status in Gibraltar

High Net Worth Individuals (HNWIs) who meet specific criteria are eligible to receive special tax status in Gibraltar, known as Category 2 status (or Cat 2 for short). In addition to reducing one’s potential taxable liability, Category 2 status also confers additional advantages and a considerable degree of flexibility making Gibraltar one of the top jurisdictions for High Net Worth Individuals. To learn more about the benefits of becoming a Category 2 Gibraltar resident contact Hassans today.

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.