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Finance
Gibraltar's economy revolves primarily around shipping, tourism,
finance, offshore betting and telecommunications, including Internet.
Companies wishing to set up shop on the Rock should contact the
Department of Trade & Industry by ringing 52052.
The official currency in Gibraltar is the pound sterling. However,
British and local coins mix freely with euros.
In the words of the Government of Gibraltar, these are the benefits
of setting up and/or conducting business in Gibraltar:
A favourable fiscal environment
No value added tax
A high quality infrastructure
Regulatory standards matching those of the UK but with the appropriate
flexibility for a small jurisdiction
Bilingual workforce
Unlike other finance centres there are no job quotas in Gibraltar
and no restrictions on residence or work permits for EU or EEA
nationals.
There is also a beneficial tax regime for expatriates with special
skills working within the financial services industry
Abundance of quality commercial premises
Substantial high quality office space to rent at competitive
prices
Legal system based on English Common Law
There is no capital gains tax, gift or wealth tax, or inheritance
tax in Gibraltar
