Trust Registration in Gibraltar
Why Gibraltar
As a common-law jurisdiction, Gibraltar fully recognises the concept of a trust, a legal construct by means of which high net worth individuals and their families can structure their tax and succession plans. The main trusts legislation in Gibraltar is theĀ Trustee Act 1895, which is largely based on the English Trustee Act 1893, with subsequent amendments incorporating parts of the English Trustee Act 1925 and the English Trustees Investment Act 1961.
Gibraltar trusts are completely private and their existence does not have to be registered with any public authority. Generally, shares in underlying companies are registered in the trusteesā€™ names without evidence that they are held in trust.
Benefits of Setting up a Trust in Gibraltar
- Except for Asset Protection Trusts, there are no filing requirements and no information needs to be disclosed to the authority as long as no liability to Gibraltar tax arises;
- As long as the trust is established by a non-resident, has no Gibraltar resident beneficiaries and derives no income locally (other than bank interest), no tax will be charged on the trust’s income.
- Trustees of Gibraltar trusts can be resident in Gibraltar without affecting the tax status of the trust;
- Under Gibraltar law, both the perpetuity and accumulation periods of a Gibraltar trust are 100 years.
How Zeta Can Help
Our bespoke solutions and rigorous standards of customer confidentiality and discretion, provide clients with absolute peace of mind in the organisation, holding, management and administration of their assets. Zeta is able to incorporate and administer trusts whilst ensuring compliance and confidentiality, among our other offered services:
- Assessing client objectives;
- Advice on planning and structuring;
- Drafting of the Trust Deed;
- Trustee services;
- Administration and bookkeeping;
- Opening of bank accounts;
- Office domiciliation.