Gibraltar
Professional Services
There
is a wide selection of most types of professional
firm in Gibraltar. See the Gibraltar
Services Directory for listings of contact
details.
The
legal market for offshore work is dominated
by just a few large local firms, and - at the
time of writing - one large London practice
has a local office. All the largest international
accountancy firms are also represented in Gibraltar.
Lawyers
are not permitted to work on a contingency fee
basis. Partners' time is usually charged at
£175-£275 per hour. Other fee earners are charged
at from £50-£150 dependent on the work type.
Accountants
and auditors in Gibraltar are almost in their
entirety members of the Institute of Chartered
Accountants in England and Wales or the Association
of Chartered Certified Accountants of the
United Kingdom and are therefore able to provide
professional services of a standard equivalent
to those existing in the United Kingdom. Most
international accounting firms are represented
in Gibraltar either through member firms or
associated practices which also helps maintain
a high quality standard of work.
The
Gibraltar Society of Chartered and Certified
Accountancy Bodies (GSCCAB) has over 100 members
in practice or in commerce and industry. The
members of the GSCCAB are almost all members
of the Institute of Chartered Accountants
in England and Wales or the Association of
Chartered Certified Accountants of the United
Kingdom.