A Business Liaison Unit at the Ministry for Business has been launched as a One Stop Shop for business startups. It will assist with the formalities of setting up a new business making it hassle free for the individual. The Team will help with all the documents required and will liaise with the relevant Government Departments to ensure everything is processed in a timely manner.
Due to COVID-19 restrictions, the One Stop Shop will be launched in two phases.
The first phase will launch on Monday with consultations via email on businessonestopshop@gibraltar.gov.gi.
The second phase will launch once COVID-19 restrictions have been relaxed, with an appointment service. This will do away with the need for individuals to visit all the different government departments to obtain the relevant documents.
Minister for Business, Vijay Daryanani, said he was delighted to announce the launch after representations were made by the private sector on the need to expedite the setting up of a business for our entrepreneurs.
The GFSB has conducted a flash survey of its members concerning their experiences during the first two weeks of the new Treaty arrangements.
The Office of Fair Trading's latest Annual Report reveals record numbers of businesses, plans to simplify licensing through a new Business Act and fewer consumer complaints. GFSB's Business Support Manager, Kim Chang, breaks down what the proposed reforms, increased digital services and stronger enforcement could mean for businesses, and why the GFSB's role in shaping policy has been recognised.
What a year it's been! From the Treaty moving from negotiation to reality to AI, workplace pensions, business confidence and everything in between, this year's Thrive EDIT has helped members navigate one of the busiest periods in Gibraltar's recent history. Before we take a short summer break, Editor David Revagliatte looks back at the stories that shaped the year and thanks readers for joining us on the journey.
Could Gibraltar be missing a golden opportunity? GFSB Board Director Brian Ross believes the answer is yes. In this thought-provoking opinion piece, he argues that Gibraltar should consider a residency route for financially self-sufficient individuals, attracting experienced people with the wealth, expertise and international networks to strengthen our economy. Could this be the next step in keeping Gibraltar competitive?
For many SMEs, the success of the business has been built on the expertise, relationships and commitment of its owner. This entrepreneurial approach has been instrumental in the growth of many of Gibraltar's successful businesses. However, as organisations develop, dependence on a single individual can become a strategic risk.