Business Benefits

The Isle of Man offers any gambling or e-gaming business a world class range of business benefits to relocate on the island. The following is an executive summary of the package on offer to a gambling or e-gaming company.

For more information or detail on specific areas of interest please Contact Us.

Why the Isle of Man:

• History of stability and security, the world’s longest continuous parliament
• Tier 1 regulated island jurisdiction
• Legal / legislative practise is based on UK standards and principles
• Crown Dependancy
• Ideal jurisdiction for AIM or FTSE stock market listing

Taxation:

• Zero rate of Tax on Taxable Income from 6th April 2005
• One of the most dynamic tax regimes for gambling or e-gaming in the world
• No Capital Gains Tax
• Personal Taxation – 18% higher rate, 10% lower rate
• Low betting and gaming duty

Grants: (Available to manufacturers of gaming equipment and software developers)

• Annual Government funding of up to 40% for:
  • Relocation
  • Manufacturing / IT sector buildings/offices
  • Hardware & software
  • Marketing & consultancy
  • Quality & environmental standards
• Annual Government funding of up to 50% for Training
• Grants applied for on an annual basis

Infrastructure:

• World Class telecommunications infrastructure
  • Two self-healing fibre rings – always on connectivity
  • 1.2 tera bits capacity 0.02% utilisation
  • Anti-DDOS attack technology
  • Free ADSL connectivity for businesses
• Excellent Air and Sea links to the UK and Ireland
• Totally self sufficient power station infrastructure, supported by sub-sea gas and electricity supplies when needed

Support Services:

• Over 33,000 Financial Institutes registered on the island
• Legal and accountancy expertise from the world’s leading firms and gambling / e-gaming specialists
• Excellent on-island support service providers in Hosting, IT and Digital Media
• Recruitment, and office relocation specialists
• Highly literate IT workforce, conforms to international IT standards

Quality of Life:

• "Satisfaction levels and quality of life on the Isle of Man is among the highest measured, and when compared against the UK and the Channel Islands, it ranks 2nd highest after Devon." [MORI Quality of Life Survey 2004]
• No restrictions on buying property for those not indigenous to the island
• Lowest official crime rate in the UK