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Business
country (such as the UK or Germany), such failure may attract negative media coverage which may cause some reputational damage with the associated risk of losing a target market of 60 or 70 million potential users. However, if the technology trial is successful, it is easy to get exposure in the local media and then showcase the success to the bigger markets in Europe.
English language and legal system:
Gibraltar applies the English Common Law legal system and English language, thereby removing the language barrier for non-EU companies, which often impedes on conducting technology trials.
“Las Vegas” of the Online Gaming industry: Gibraltar is home to 35 of the biggest names in the online gaming industry. Being close to these top operators, acts a magnate to related support services and software development companies who wish to enter this lucrative market.
Cosmopolitan population: Gibraltar provides employment for people from a wide cross-section of the European population, meaning that it has a representative population rather than an homogenous one, which is
important for a company looking to appeal to the wider European markets.
Most attractive tax package in the EU: no list of Gibraltar’s advantages is complete without mentioning its tax benefits. Companies choosing Gibraltar as their gateway to the European markets enjoy Corporate Tax of 10%, no VAT, no Capital Gains Tax, no Dividends Tax and plenty of other tax incentives, making marketing and technology testing from Gibraltar, a highly tax efficient operation.
In summary, Gibraltar offers unique advantages that significantly reduce time to market and provide cost efficiencies to companies who wish to access the European markets. Innovative companies in the fields of FinTech, BioTech, CleanTech, Telecom, smart city solutions, homeland security and more are already here and reaping the benefits of testing their innovative technologies first in Gibraltar, before moving on to the bigger markets in Europe. For such innovative companies, Gibraltar is the first frontier rather than the final frontier.
ww.benefitgibraltar.com
Gibraltar’s Innovation Map
Team Work
A winning formula
At Deloitte, we are well known for the depth and breadth of our service and our collaborative approach to business.
We work as a team with our clients to achieve a tailored solution rather than adopting a one-size-fits-all methodology. Our strong internal networks and excellent knowledge of the local marketplace allow us to achieve the best result.
For more information, call Joseph Caruana, or Daniel Delgado on: Tel: +350 200 41200, Fax: +350 200 41201, info@deloitte.gi
www.deloitte.gi
Merchant House, 22/24 John Mackintosh Square, P.O. Box 758, Gibraltar © 2015 Deloitte Limited. A member of Deloitte Touche Tohmatsu Limited
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