The Isle of Man has become the jurisdiction of choice for the establishment and administration of e-Gaming companies. Some of the most significant operators in the industry are now based in the Island and the number of e-Gaming license holders is steadily increasing. 

The Isle of Man has a well-established e-gaming industry and offers a number of benefits to companies setting up there, including:

1. Favourable regulatory environment: The Isle of Man has a favourable regulatory environment for e-gaming companies, with a well-established framework for licensing and oversight.
   
   
2. Tax incentives: The Isle of Man offers tax incentives for e-gaming companies, including a low corporate tax rate and exemptions from certain taxes.
   
   
3. Skilled workforce: The Isle of Man has a highly skilled and experienced workforce in the e-gaming industry, making it an attractive location for companies looking to set up operations.
   
   
4. High-speed connectivity: The Isle of Man has a high-speed broadband network and excellent connectivity, making it an ideal location for companies looking to run online gaming operations.
   
   
5. Access to markets: The Isle of Man is strategically located, offering access to markets in Europe and beyond, making it an ideal location for companies looking to expand their operations globally.
   
   
6. Strong government support: The government of the Isle of Man provides strong support to the e-gaming industry, including investment in infrastructure and the development of the industry.
   
   
7. Reputable jurisdiction: The Isle of Man is a reputable jurisdiction with a long history of supporting and regulating e-gaming companies, making it a trusted location for companies and consumers alike.
   
   
8. Efficient licensing process: The Isle of Man has an efficient licensing process for e-gaming companies, with a dedicated regulator and streamlined application process.
   
   
9. Access to talent: The Isle of Man has a thriving e-gaming industry, providing access to a pool of talented and experienced professionals for companies setting up operations here.
   
   
10. Stable political and economic environment: The Isle of Man has a stable political and economic environment, providing a secure and predictable business environment for e-gaming companies.
    
    
11. Data protection and privacy: The Isle of Man has strong data protection and privacy laws, making it an ideal location for companies looking to handle sensitive information and transactions.
    
    
12. Innovation-friendly environment: The Isle of Man has a supportive and innovation-friendly environment, with a commitment to fostering the growth and development of the e-gaming industry.

 

Westwinds as a licensed fiduciary service provider is well placed to offer e-gaming company assistance in the following areas:-

 Company formations;

• Corporate structuring 
• VAT
• Accounting
• Ongoing statutory and corporate compliance
• Provision of resident professionally qualified Directors
• Provision of resident Operations Manager and MLRO
• Business plan assistance including AML requirements
• Management of the licensing application and process
• Ongoing regulation and VAT compliance, post licensing
• Assistance with HR matters ensuring compliance with all ongoing Isle of Man e-Gaming regulatory, statutory and accounting requirements, post licensing
• Ongoing regulatory compliance

Further information on the Isle of Man e-gaming regime can be found here.

Please contact us for more information.