On March 26th, the GFSB held its Annual General Meeting, where several changes to the Board were announced. The AGM showcased the dedication of current members and welcomed new individuals prepared to lead the organisation into its next chapter.

According to an EU-issued Press Release, EU member states have now approved the legal texts for the long-awaited EU-UK agreement on Gibraltar with the Agreement now expected to enter into provisional application on 15 July 2026.

In Parliament this week, Gibraltar’s Minister for Trade, Nigel Feetham, confirmed that a licence has been granted for a company to operate in the prediction markets space. He described this as an area of “substantial” growth potential for Gibraltar, linking it to the Government’s wider push to diversify the economy and attract new types of business.

Over the last 48 hrs many members have been contacting the GFSB and asking us whether or not they need to obtain an EORI number if they import goods - and if so, how to go about obtaining one. The issue is causing concern and worry amongst members who are unsure whether or not they have to go through this process - and what the consequences might be if they pursue it - or don’t. Here’s what we know.

The Gibraltar Federation of Small Businesses (GFSB) notes the Government’s press release of 23rd March regarding the forthcoming transaction tax and the messaging surrounding its implementation.