International e-Business Centre
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 and 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.