Isle of Man Seeks Gaming Companies
by David Wyand · in General Discussion · 02/23/2005 (8:28 pm) · 17 replies
Greetings!
I caught this one on Gamasutra. The self-governed island state, The Isle of Man, is offering some interesting incentives for game companies to set up shop there: from 0% business tax to financial help in setting up the physical business. And their personal income tax is very low, at least by Canadian standards.
Out of pure curiosity: anyone know what it would be like to live on the Isle?
If only Ontario had such an incentive program...
- LightWave Dave
I caught this one on Gamasutra. The self-governed island state, The Isle of Man, is offering some interesting incentives for game companies to set up shop there: from 0% business tax to financial help in setting up the physical business. And their personal income tax is very low, at least by Canadian standards.
Out of pure curiosity: anyone know what it would be like to live on the Isle?
If only Ontario had such an incentive program...
- LightWave Dave
About the author
A long time Associate of the GarageGames' community and author of the Torque 3D Game Development Cookbook. Buy it today from Packt Publishing!
#3
02/23/2005 (11:52 pm)
I read that with interest as well ... seems they'll pay 40% for you to get physically established with offices and 50% for training employees. Pretty amazing!
#4
02/24/2005 (12:30 am)
Just what I want for my business, the VAT and stupidly high fuel prices. Even though I would LOVE to live on a Commonwealth island I think I'll keep my business in the US. Interesting article either way though, and nice incentives theyre offering.
#5
As for fuel, well, the islands not 'that' big, especially if you come from the states.
The place also gets invaded by hordes of hairy arsed bikers for the Isle of Man TT, so I could come visit with my mates and camp out on your lawn.....
02/24/2005 (4:33 am)
VAT is pretty handy if you are establishing a business with very little income in the beginning as you can claim it back on VATable items you purchase such as computers etc, and you dont charge it on items sold to the states etc.As for fuel, well, the islands not 'that' big, especially if you come from the states.
The place also gets invaded by hordes of hairy arsed bikers for the Isle of Man TT, so I could come visit with my mates and camp out on your lawn.....
#7
02/24/2005 (8:44 am)
The concepts of "Bizarre" and "Freaking Awesome" had a one night stand. This is their love child 
#8
Setting up shop here means you get 50% of each employee's salary as tax credits.
I have no idea if you need to set up a Quebec corporation or if a Federal corp will do the trick :)
02/24/2005 (9:54 am)
David, the neighboring province has one. Granted, personal income tax, is the highest in North America, but Montreal's cost of living vs quality of life is one of the best, and even the best according to some measurements for a urban center with a million+ people. Setting up shop here means you get 50% of each employee's salary as tax credits.
I have no idea if you need to set up a Quebec corporation or if a Federal corp will do the trick :)
#9
02/24/2005 (10:43 am)
Not to mention lots of poutine! 
#10
02/24/2005 (10:58 am)
But the big question is, what kind of accent do the girls have? 
#11
02/24/2005 (11:13 am)
Pouty ones i betcha
#12
02/24/2005 (11:23 am)
Maybe us indies should just invade the Island and take it over for ourselves :)
#13
Now if we were talking Amsterdam....
02/24/2005 (11:28 am)
Hmm, we won't have to eal with Prince Charles or any of his spawn will we? BEcause I got it in for those guys.Now if we were talking Amsterdam....
#14
02/24/2005 (11:36 am)
With regards to the Isle, the housing prices might make you blink :)
#15
Geeks, I tell you, all they can think about is sex and food ;)
hehe
02/25/2005 (8:02 am)
Lol, I mention Quebec and you guys think of poutine and girls, not the Habs, not Ubisoft, not EA Montreal, etc. :)Geeks, I tell you, all they can think about is sex and food ;)
hehe
#16
02/25/2005 (8:04 am)
Yeah, the low end being 75,000 - 150,000 UK pounds ... thats a fix em up place too... ouch!
#17
02/25/2005 (11:17 am)
Nicolas...I am offended you think we are so limited. There is also coding and gaming. 
Torque 3D Owner dsfsd