Isle of Man and eGaming

The Island offers a superb location for egaming businesses with world-class infrastructure, a responsive, forward thinking Government and a high quality of life. Located in the Irish Sea, the Isle of Man is situated in the centre of the British Isles. It is an internally self-governing dependent territory of the British Crown and, whilst not part of the United Kingdom, enjoys trading relations with the United Kingdom and the European Union, the latter being as a result of Protocol 3 of the UK's Treaty of Accession to the EU.

Why Isle of Man

Low betting duty of between 1.5% and 0.1%, on gross profit
Consumer focused regulation and player protection
A simple application process typically 10 -12 week
OECD White Listed and member of World Trade Organisation
Double Duty Relief for eligible EU member states
Financial assistance for start-ups and relocations
Legal system based on English Common Law
Credibility of being a Crown Dependency of the UK
Ideal jurisdiction from which to launch an AIM or FTSE stock market listing

Taxation

Zero rate of Tax on Taxable Income (except for banks and property companies
One of the most attractive tax regimes for gambling or e-gaming in the world
No Capital Gains Tax, Inheritance or other wealth taxes
Personal Taxation - 10% standard rate, 18% higher rate
Low betting and gaming duty

Grants

(Available to hosting providers subject to rules)

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

An extensive clustering of service providers/advisors and peripheral activities such as marketing, software and IT providers with experience in e-Gaming business
Over 33,000 Financial Institutions 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