E-Business

The Government of Gibraltar is endeavouring to make Gibraltar an International e-Business Centre and firmly believes that Gibraltar is in a position to benefit greatly from ICT and it's development as an information society.

The information, communication and technological revolution has created new economies for many countries and thus has had a profound impact on commerce, education, entertainment, banking, leisure, travel and legislation. In this day and age, governments, organisations & businesses alike need to rethink and adapt their practices in order to keep up with an ever-changing business environment that relishes from advances in technology.

The Government of Gibraltar has subsequently been developing strategies to create an ideal setting for businesses to trade electronically. This online business undertaking will be supported by a faster and more reliable framework of telecommunications, infrastructure and legislation in view of assisting the growth of electronic trade.

The new liberalisation and regulation of telecommunications, the introduction of The Electronic Commerce Act (TECA 2001) and the adoption of EU directives into local legislation will give Gibraltar a great advantage over other offshore jurisdictions competing in the same marketplace.

Why Gibraltar?

Strategically located at the entrance to the Mediterranean, Gibraltar is a self-governing British Overseas territory that is a member of the European Union. The OECD Convention and instruments also apply to Gibraltar. Gibraltar is therefore included as a territory within the UK’s membership of the OECD.

The Government of Gibraltar aspires to make e-business the fourth pillar of the local economy, currently diversified in financial services, shipping and tourism. It is the only location that offers all of the following:

• Favourable fiscal environment
• Exempt from VAT
• Excellent telecommunications infrastructure
• Liberalised telecommunications market
• E-commerce legislation enacted
• State of the art technology
• Strong professional and financial infrastructure
• A British international finance centre within the EU
• Separate and distinct jurisdiction
• Regulated to EU and UK standards
• High quality of lifestyle
• Highly educated bilingual workforce

For more information on how Gibraltar can benefit you and your e-business please contact:

GOVERNMENT OF GIBRALTAR InvestGibraltar Office Department of Trade & Industry Suite 771, Europort Gibraltar
(+ 350) 200 52634	(+ 350) 200 52635
info@investgibraltar.gov.gi
www.investgibraltar.gov.gi