Gibraltar offers a great environment for interactive entertainment and Esports organisations to thrive by leveraging off existing infrastructure and experience from supplying and servicing the needs of the well-established gaming and fintech industries.

Gibraltar is an attractive jurisdiction due to its ability to understand, meet and encourage innovation in emerging industries in a relatively short period of time. The comparatively small size of the jurisdiction allows for close cooperation and liaison between key decision-makers and stakeholders and encourages a real understanding of the needs of nascent industries. This can lead to the development of robust but practical legal and regulatory frameworks in short time.

By establishing such frameworks efficiently and with direct input from stakeholders, Gibraltar can help develop industries and set high standards of practice. Gibraltar has been able to provide businesses with ‘speed to market’ without comprising on transparency and accountability.

This attitude towards innovation makes Gibraltar the ideal location for the formation of new industry hubs. The jurisdiction hosts one of the most important global online gaming hubs, with companies such as GVC, Playtech, William Hill, Lottoland and 888 (amongst others) firmly established here. In addition, the same phenomenon is now occurring in respect to the fintech industry with players such as eToro, Xapo, TokenMarket, and CEX (to name a few) obtaining DLT licences and setting up significant physical footprints in Gibraltar.‍

‍Gibraltar’s tax regime is highly competitive. Corporate tax is set at 10% of profits accrued in and derived from Gibraltar. Income tax for individuals is levied on a sliding scale and is also competitive with special incentives for those with specialist skills.Gibraltar has no capital gain tax, no wealth tax, no VAT and no inheritance tax.

In addition, in order to incentivise and encourage top talent to Gibraltar, certain individuals may also benefit from the HEPSS (High Executives Possessing Specialist Skills) regime. Individuals who qualify for this tax status have a cap on their annual gross assessable income to the first £120,000 per annum (which currently translates to a total tax liability of approximately £29,940.00).

Service level standards in Gibraltar are extremely high – most professionals are trained and qualified in the UK. Whether you are dealing with lawyers, accountants or other corporate service providers, the Gibraltar workforce is generally highly skilled and professional.

At the very door to the Mediterranean, Gibraltar also offers very high standards of quality of life. Good weather all year round, fantastic food, rich history, religious tolerance, a plethora of outdoor activities (being on the seaside and only two hours away from skiing resorts) and more with Spain, Portugal and Morocco at your doorstep.