Chamber welcomes discussions on double tax agreement

The Gibraltar Chamber of Commerce welcomes the announcement that the Gibraltar Government has entered into discussions to reach a double taxation agreement with the UK Government. The Chamber has lobbied for a number of years to have a double taxation agreement with the UK as it will give certainty for companies and improved standing for Gibraltar as a finance centre. We look forward to considering specific terms when these are available. The Chamber also welcomes the presence of Robert Jenrick, Exchequer Secretary to the UK Treasury on the Rock. Mr Jenrick’s presence in Gibraltar...

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Chamber responds to draft pensions bill

In June last year the Chamber made a number of practical and reasonable submissions to the government in response to the Command Paper for private sector pensions published in May 2018.  We note in the recently published private sector pensions bill that none of the submissions we made have been adopted or incorporated into the bill. The Chamber also notes that significant parts of the Command Paper have been cut and have not been included into the draft bill. The draft bill has no mention of the type of pensions which will be permissible in Gibraltar.  Employers and...

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Chamber welcomes Victoria Keys development

The board of the Gibraltar Chamber of Commerce welcomes the recently announced Victoria Keys development.  This is the largest single development project in Gibraltar in the last 20 years and clearly demonstrates the continued confidence by investors in the future of Gibraltar’s thriving economy.  This is even more so when one considers the ongoing uncertainty which Brexit presents. This bold initiative is just what Gibraltar needs at this time to ensure that Gibraltar continues to grow whilst ensuring that the city centre and other landmark points are not ruined by...

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Chamber meets with Liam Fox

Chamber of Commerce President, Christian Hernandez and director George Desoisa met with the UK Secretary of State for Trade, Dr Liam Fox at the Convent on 17th January.  The meeting was to explore future business opportunities for Gibraltar after it leaves the European Union as well as to discuss recent developments. Mr. Hernandez briefed Dr Fox on some of the current concerns of Chamber members and of the significant challenges that Gibraltar faces as a result of Brexit.  Mr. Hernandez also highlighted the importance of ensuring that the UK Government fully includes Gibraltar...

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UK Ambassador to Spain to address Chamber members

Chamber to hold dinner for local business leaders as countdown to Brexit approaches final settlement The Gibraltar Chamber of Commerce announces that it will hold a members dinner on Wednesday 6th February 2019 The guest speaker will be His Excellency Simon Manley, Her Majesty’s Ambassador to Spain. The dinner will be held at a critical juncture of the ongoing Brexit discussions and the Ambassador is expected to give some unique insights into current thinking in Spain on the future of Anglo-Spanish relations and also on the future relationship between Gibraltar and Spain. The...

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Chamber supports investment in Gibraltar’s Tourism Product

Chamber questions planning decision to postpone new tourism investment Decision comes against a 25% forecast fall in the number of cruise calls for 2019 The Gibraltar Chamber of Commerce has long advocated the steady development and evolution of Gibraltar’s tourist offering if it is to continue competing with other destinations. The Chamber’s position has been set out in its Tourism Strategy which it has discussed with the government over the last three years.  If Gibraltar fails to invest in its tourist product the sector will simply decline. It is for this reason that the Chamber is...

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