Business Benefits |

The Isle of Man offers all gambling and e-gaming companies a world class range of business benefits. The following is a summary of those that are on offer to a gambling or e-gaming company, who choose to licence themselves on the Isle of Man.

Why the Isle of Man:

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

Taxation:

• Clear, simple tax regime and generous financial support available for businesses
• One of the most dynamic tax regimes for gambling or e-gaming in the world
• No Capital Gains Tax
• Personal Taxation – 20% 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 and 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

• Legal and accountancy expertise from the world’s leading firms and e-gaming specialists
• Excellent on-island support service providers in Hosting, IT and Digital Media
• Recruitment and office relocation specialists
• Highly literate IT workforce, conforming 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
• Low crime rate