What accounting and tax services do Gibraltar companies need?

Every Gibraltar company must prepare annual financial statements, file a tax return, and submit an annual return. We handle accounts preparation, tax filing, payroll, audit coordination, and international reporting obligations including CRS and FATCA.

Who is this for?

Gibraltar companies of all types — operating businesses, holding companies, fund management entities, and trust subsidiaries. Also relevant for international groups with Gibraltar entities that need reliable local accounting support integrated with their global reporting.

What do we cover?

Accounts preparation

We prepare financial statements for Gibraltar companies in accordance with applicable accounting standards. This includes management accounts on an agreed schedule and year-end statutory accounts for filing.

Tax return filing

Corporation tax returns filed with the Gibraltar Income Tax Office. Gibraltar operates a territorial tax system — only income accrued in and derived from Gibraltar is taxable at the applicable rate.

Payroll

Payroll administration for Gibraltar-based employees, including PAYE, social insurance contributions, and payslip preparation.

Audit coordination

Companies that exceed the audit threshold require an independent audit. We liaise with your auditors, prepare the trial balance, and manage the audit process to completion.

CRS and FATCA reporting

Automatic exchange of information reporting for financial institutions and certain entities. We handle investor classification, self-certification collection, and filing with the Gibraltar Tax Authority.

Key considerations

• Gibraltar's tax year runs from 1 July to 30 June. Tax returns must be filed within 9 months of the accounting period end.
• The corporate tax rate is 12.5%, increasing to 15% (aligned with OECD Pillar Two). Only territorial income is taxed.
• There is no VAT, no capital gains tax, and no wealth tax in Gibraltar.
• CRS and FATCA non-compliance carries significant penalties. Even entities that believe they have no reporting obligation should confirm their classification.

Frequently asked questions

• What is the Gibraltar corporate tax rate?

  Currently 12.5%, with an increase to 15% aligned with the OECD Pillar Two minimum effective tax rate. Gibraltar operates a territorial system — only income accrued in and derived from Gibraltar is taxable.

• When are tax returns due?

  Tax returns must be filed within 9 months of the end of the accounting period. The standard Gibraltar tax year runs 1 July to 30 June, but companies can choose a different accounting period.

• Do all companies need an audit?

  No. Companies that meet certain size thresholds (based on turnover, balance sheet, and employee count) are required to have an independent audit. Smaller companies may be exempt.

• What is CRS reporting?

  The Common Reporting Standard requires financial institutions and certain other entities to report information about accounts held by non-residents to the Gibraltar Tax Authority, which then exchanges it with the account holder's country of residence.

• Can you handle payroll for non-resident employees?

  Our payroll service covers Gibraltar-based employees subject to PAYE and social insurance. For employees based in other jurisdictions, we recommend a specialist provider in that jurisdiction.

• Do you prepare management accounts?

  Yes. We prepare management accounts on a monthly, quarterly, or annual basis depending on your needs. This is in addition to the statutory accounts required for filing.