Business Environment

Alderney is already home to many e-commerce and finance organisations and a world renowned eGaming industry. The island's business environment, in particular its user-friendly company law, is a key factor in the success of the island's diversified economy, which encompasses both traditional sectors and emerging industries; all set against a backdrop of beautiful sandy beaches and jaw-dropping vistas. 

As a financially stable and independent jurisdiction, it appeals to both individuals and businesses thanks to its financially rewarding system and simple taxation environment.

Tax in Alderney

Alderney is a low tax jurisdiction with some of the lowest tax rates in Europe. With low personal tax rates, no CGT or IHT, and 0% business tax (10% for certain regulated financial services businesses) discover how relocating to the beautiful island of Alderney can pave the way to success for you, your team and your family.

Employment

Employment in Alderney remains at a high level, with the number of those employed increasing annually. This is a testament to the Island’s economic stability.

 

Key Sectors

Alderney has a diverse and rich economy, which can be broadly divided into the key sectors outlined below.

Financial Services

The sector is diverse, and Alderney is renowned for its expertise in areas including e-gambling, trust and fiduciary, banking, wealth, fund and asset management. Alderney is also considered a centre of excellence for compliance, company administration, legal, accountancy, and investment advisory services. 

Tourism and Hospitality

The tourism and hospitality industry has always been seen an important sector of the Island’s economy.  Alderney attracts thousands of tourists each year, attracted by the Island’s beautiful coast and wildlife, history and heritage. The Island is renowned for its high-quality food and range of restaurants and bars, and varied accommodation options from luxury hotels to camping!

Construction

Alderney prides itself on its open approach to architecture and expertly built, innovative infrastructure, governed by a resolute Land Use Plan which also ensures that the Island’s green and open spaces are protected. A thriving market has led to a burgeoning construction industry, employing over with on-island training and professional development also available, which provides continuing opportunities in the sector for local individuals.

Retail

For a small Island, Alderney has a healthy and vibrant retail sector with diverse product offerings. In the heart of St Anne you can find local boutiques and traditional stores from a DIY to food shops selling fresh local produce from milk to seafood. This vibrant sector adds to the Island’s community spirit.