{"id":1286,"date":"2016-11-29T11:03:14","date_gmt":"2016-11-29T11:03:14","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=1286"},"modified":"2020-09-21T09:08:09","modified_gmt":"2020-09-21T09:08:09","slug":"gfsc-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/gfsc-registered\/","title":{"rendered":"FSC Forex Brokers in Gibraltar"},"content":{"rendered":"
Gibraltar is the overseas territory of the United Kingdom and is thereby a part of the EU. The charming territory counts only 30,000 people on a densely populated area. The political position if Gibraltar is very interesting given the constant back and forth between Spain and Britain and their efforts to claim the territory. Geographically, Gibraltar is closer to Spain, but it managed to resist falling under its government influence. As part of the British regime, Gibraltar works under similar laws as the United Kingdom, which became known for a great Forex policy. It seems that Gibraltar is following UK\u2019s footsteps regarding the Forex capital market with the largest turnover. The Gibraltar Financial Services Commission (GFSC)<\/a> has the upper hand when it comes to regulatory issues in Gibraltar. The GFSC has been the official supervisor of the financial services market in Gibraltar since 1991 when it was established.<\/p>\n Gibraltar is primarily an offshore financial center where many international companies transferred their official offices. Companies are welcome to open their businesses here, but they have to comply with the regulations and standards of the GFSC. The companies under the purview of GFSC include banks, trustees, funds, intermediaries, insurance companies, auditors, investment firms, companies dealing with e- money, Forex companies, and a few more. Gibraltar is ideal for business companies because taxes are significantly lower than in EU countries. For example, corporation tax is only 10%, while investment income has been tax-exempt since 2010. Gibraltar is also one of the territories which represent a tax haven, and we all know how much that means to large companies, including Forex operators. The national currency is the Gibraltar Pound (GIP), which is very strong against the euro (1EUR = 0.8937 GIP) indicating a stable and healthy economy. The GIP is strongly connected to the GBP and equals it in value.<\/p>\nGFSC Welcomes International Companies<\/h2>\n
Best Forex Brokers<\/h3>\n