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Just noticed WaveCrest is based out of Gibraltar. It seems quite easy to start a company based in Gibraltar. What are the advantages or disadvantages? Just curi
by XnoiVeX 9y ago
Just noticed WaveCrest is based out of Gibraltar. It seems quite easy to start a company based in Gibraltar. What are the advantages or disadvantages? Just curious.
- erazor42 9y agoIt's a fiscal paradise, like Bahamas + low taxes
- grigjd3 9y agoTax shelter.
- snowpanda 9y ago+ ~ 10% corp. tax rate (no VAT, gains tax etc.) + the legal system is based on English law + English is the first language + time zone is central to Europe + lots of things are allowed such as gambling (hence why online gambling sites are located here often), + Part of EU yet self governing. (well technically an UK Overseas Territory but they are far from listening to anything the UK says). + No exchange control... etc.